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

Naperville, IL
$108,391
Pop. 149,540
Aurora, IL
$96,031
Pop. 197,757
Springfield, IL
$86,523
Pop. 114,394
Rockford, IL
$83,670
Pop. 148,655

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.

Find Financial Analyst Jobs in Chicago

Browse open financial analyst positions in Chicago, IL:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Analyst Salary in Chicago

How much does a Financial Analyst make in Chicago, IL? ▼
The median financial analyst salary in Chicago, Illinois is $107,440 per year, which is 13.0% above the national median of $95,080. Salaries range from $64,636 (10th percentile) to $188,258 (90th percentile).
How much does a Financial Analyst make per hour in Chicago? ▼
Based on the median annual salary of $107,440, a financial analyst in Chicago earns approximately $52 per hour assuming a standard 2,080-hour work year.
How does Chicago compare to the Illinois state average for financial analyst pay? ▼
Chicago's median financial analyst salary of $107,440 is 11.9% above the Illinois state average of $96,031. The local cost of living index is 107% of the national average.
What is the cost of living in Chicago, IL? ▼
Chicago has a cost of living index of 107% compared to the national average. This means a financial analyst salary of $107,440 in Chicago has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Chicago? ▼
Most financial analyst positions in Chicago require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.