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

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.