Business & Finance Springfield, IL Pop. 114,394

Financial Analyst Salary in Springfield, Illinois

The median financial analyst salary in Springfield, IL is $86,523 per year, which is 9% below the national median and 9.9% below the Illinois state average.

City Median
$86,523
vs State Avg
$-9,508
vs National
$-8,557
Cost of Living
85%

Financial Analyst Salary in Springfield by Experience

In Springfield, an entry-level financial analyst earns around $54,600, while experienced professionals earn up to $134,680 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$54,600
$-5,400 vs national
Mid Level (3-7 yrs)
$87,360
$-8,640 vs national
Senior Level (8+ yrs)
$134,680
$-13,320 vs national

Salary Percentiles in Springfield, IL

Percentile Springfield
10th Percentile $52,052
25th Percentile $66,248
Median (50th) $86,523
75th Percentile $113,750
90th Percentile $151,606

Financial Analyst Salary in Other Illinois Cities

Naperville, IL
$108,391
Pop. 149,540
Chicago, IL
$107,440
Pop. 2,693,976
Aurora, IL
$96,031
Pop. 197,757
Rockford, IL
$83,670
Pop. 148,655

How to Become a Financial Analyst in Springfield

Education

Most financial analyst positions require a bachelor's degree. Springfield 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 Springfield may vary based on local industry and population growth.

Find Financial Analyst Jobs in Springfield

Browse open financial analyst positions in Springfield, IL:

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Frequently Asked Questions: Financial Analyst Salary in Springfield

How much does a Financial Analyst make in Springfield, IL? ▼
The median financial analyst salary in Springfield, Illinois is $86,523 per year, which is 9% below the national median of $95,080. Salaries range from $52,052 (10th percentile) to $151,606 (90th percentile).
How much does a Financial Analyst make per hour in Springfield? ▼
Based on the median annual salary of $86,523, a financial analyst in Springfield earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Illinois state average for financial analyst pay? ▼
Springfield's median financial analyst salary of $86,523 is 9.9% below the Illinois state average of $96,031. The local cost of living index is 85% of the national average.
What is the cost of living in Springfield, IL? ▼
Springfield has a cost of living index of 85% compared to the national average. This means a financial analyst salary of $86,523 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Springfield? ▼
Most financial analyst positions in Springfield 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.