Business & Finance Chicago, IL Pop. 2,693,976

Market Research Analyst Salary in Chicago, Illinois

The median market research analyst salary in Chicago, IL is $77,100 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.

City Median
$77,100
vs State Avg
+$8,188
vs National
+$8,870
Cost of Living
107%

Market Research Analyst Pay in Chicago: What to Expect (2026)

Chicago offers a median market research analyst salary of $77,100, which is $8,188 above the Illinois state average of $68,912. Compared to the national median of $68,230, Chicago pays above average for this role.

Chicago's cost of living is 107% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for market research analysts in Chicago spans from $42,940 at the 10th percentile to $137,860 at the 90th percentile — a $94,920 spread. Entry-level professionals start around $45,200, while senior market research analysts with 8+ years of experience can earn up to $129,950. As a major metro area with a population of 2,693,976, Chicago typically offers more job opportunities and employer competition, which can drive salaries higher.

Market Research Analyst Salary in Chicago by Experience

In Chicago, an entry-level market research analyst earns around $45,200, while experienced professionals earn up to $129,950 per year. The local cost of living index is 107% of the national average.

Entry Level (0-2 yrs)
$45,200
+$5,200 vs national
Mid Level (3-7 yrs)
$79,100
+$9,100 vs national
Senior Level (8+ yrs)
$129,950
+$14,950 vs national

Salary Percentiles in Chicago, IL

Percentile Chicago
10th Percentile $42,940
25th Percentile $56,500
Median (50th) $77,100
75th Percentile $103,960
90th Percentile $137,860

Market Research Analyst Salary in Other Illinois Cities

How to Become a Market Research Analyst in Chicago

Education

Most market research analyst positions require a bachelor's degree. Chicago and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

Data AnalysisSurvey DesignSPSS/RMarket TrendsReport WritingPresentation

Job Outlook

Nationally, market research analyst employment is projected to grow 13% over the next decade (much faster than average). Demand in Chicago may vary based on local industry and population growth.

Find Market Research Analyst Jobs in Chicago

Browse open market research analyst positions in Chicago, IL:

Frequently Asked Questions: Market Research Analyst Salary in Chicago

How much does a Market Research Analyst make in Chicago, IL? ▼
The median market research analyst salary in Chicago, Illinois is $77,100 per year, which is 13.0% above the national median of $68,230. Salaries range from $42,940 (10th percentile) to $137,860 (90th percentile).
How much does a Market Research Analyst make per hour in Chicago? ▼
Based on the median annual salary of $77,100, a market research analyst in Chicago earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Chicago compare to the Illinois state average for market research analyst pay? ▼
Chicago's median market research analyst salary of $77,100 is 11.9% above the Illinois state average of $68,912. 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 market research analyst salary of $77,100 in Chicago has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a market research analyst in Chicago? ▼
Most market research analyst positions in Chicago require a bachelor's degree. Key skills include Data Analysis, Survey Design, SPSS/R, Market Trends. The job market is projected to grow 13% nationally over the next decade.