Business & Finance Chicago, IL
Pop. 2,693,976
Financial Analyst Salary in Chicago, Illinois
The median financial analyst salary in Chicago, IL is $107,440 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.
City Median
$107,440
vs State Avg
+$11,409
vs National
+$12,360
Cost of Living
107%
Financial Analyst Salary in Chicago by Experience
In Chicago, an entry-level financial analyst earns around $67,800, while experienced professionals earn up to $167,240 per year. The local cost of living index is 107% of the national average.
Entry Level (0-2 yrs)
$67,800
+$7,800 vs national
Mid Level (3-7 yrs)
$108,480
+$12,480 vs national
Senior Level (8+ yrs)
$167,240
+$19,240 vs national
Salary Percentiles in Chicago, IL
| Percentile | Chicago |
|---|---|
| 10th Percentile | $64,636 |
| 25th Percentile | $82,264 |
| Median (50th) | $107,440 |
| 75th Percentile | $141,250 |
| 90th Percentile | $188,258 |
Financial Analyst Salary in Other Illinois Cities
How to Become a Financial Analyst in Chicago
Education
Most financial analyst positions require a bachelor's degree. Chicago and the surrounding Illinois area have institutions offering relevant programs.
Key Skills
Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation
Job Outlook
Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Chicago may vary based on local industry and population growth.