Financial Analysts Salary in Chicago, IL
Updated 2024 · Source: U.S. Bureau of Labor StatisticsUSD $
Median Salary
$105,000
Average Salary
$117,000
Salary Range
$58,000 - $140,000
Est. Employment*
26,600
*Employment figures are estimates based on national occupational data distributed across metro areas. Actual local numbers may vary.
Search Jobs on IndeedSalary Distribution
10th to 90th percentile range. Half of all financial analysts earn between $79,000 and $126,000.
About Financial Analysts in Chicago
Financial analysts evaluate investment opportunities, analyze financial data, and provide recommendations that guide business and investment decisions. They build financial models, assess market trends, and prepare reports for management and clients.
In Chicago, financial analysts benefit from a moderate cost of living that balances earnings with expenses. The area's major industries include Finance & Insurance, Manufacturing, Technology.
Key Skills
Education
Bachelor's degree in business, finance, accounting, or a related field
A bachelor's degree is the minimum requirement for most positions. Professional certifications such as CPA, CFA, or PMP can significantly enhance career prospects and earning potential.
Tips to Earn More as a Financial Analysts
Financial Analysts Salary in Other Cities
| City | Median | Range | vs Chicago |
|---|---|---|---|
| San Francisco, CA | $140,000 | $77,000 - $187,000 | +33% |
| San Jose, CA | $138,000 | $76,000 - $185,000 | +31% |
| Seattle, WA | $132,000 | $73,000 - $177,000 | +26% |
| New York, NY | $124,000 | $68,000 - $166,000 | +18% |
| Boston, MA | $121,000 | $67,000 - $162,000 | +15% |
| Washington DC, DC | $119,000 | $65,000 - $159,000 | +13% |
| Los Angeles, CA | $118,000 | $65,000 - $158,000 | +12% |
| San Diego, CA | $117,000 | $64,000 - $156,000 | +11% |
| Honolulu, HI | $114,000 | $63,000 - $152,000 | +9% |
| Portland, OR | $113,000 | $62,000 - $151,000 | +8% |
| Denver, CO | $112,000 | $62,000 - $150,000 | +7% |
| Austin, TX | $110,000 | $61,000 - $147,000 | +5% |
| Baltimore, MD | $110,000 | $61,000 - $147,000 | +5% |
| Sacramento, CA | $110,000 | $61,000 - $147,000 | +5% |
| Minneapolis, MN | $109,000 | $60,000 - $146,000 | +4% |
| Philadelphia, PA | $108,000 | $59,000 - $144,000 | +3% |
| Dallas, TX | $107,000 | $59,000 - $143,000 | +2% |
| Anchorage, AK | $107,000 | $59,000 - $143,000 | +2% |
| Hartford, CT | $104,000 | $57,000 - $139,000 | -1% |
| Atlanta, GA | $103,000 | $57,000 - $138,000 | -2% |
| Houston, TX | $101,000 | $56,000 - $135,000 | -4% |
| Raleigh, NC | $101,000 | $56,000 - $135,000 | -4% |
| Detroit, MI | $100,000 | $60,000 - $130,000 | -5% |
| Salt Lake City, UT | $99,000 | $59,000 - $129,000 | -6% |
| Columbus, OH | $99,000 | $59,000 - $129,000 | -6% |
| Phoenix, AZ | $98,000 | $59,000 - $127,000 | -7% |
| Nashville, TN | $98,000 | $59,000 - $127,000 | -7% |
| Milwaukee, WI | $98,000 | $59,000 - $127,000 | -7% |
| Charlotte, NC | $96,000 | $58,000 - $125,000 | -9% |
| Pittsburgh, PA | $96,000 | $58,000 - $125,000 | -9% |
| St. Louis, MO | $96,000 | $58,000 - $125,000 | -9% |
| Kansas City, MO | $96,000 | $58,000 - $125,000 | -9% |
| Cincinnati, OH | $96,000 | $58,000 - $125,000 | -9% |
| Miami, FL | $95,000 | $57,000 - $124,000 | -10% |
| Tampa, FL | $95,000 | $57,000 - $124,000 | -10% |
| Indianapolis, IN | $95,000 | $57,000 - $124,000 | -10% |
| Richmond, VA | $95,000 | $57,000 - $124,000 | -10% |
| New Orleans, LA | $94,000 | $56,000 - $122,000 | -10% |
| Toronto, ON | $94,000 | $56,000 - $122,000 | -10% |
| Las Vegas, NV | $93,000 | $56,000 - $121,000 | -11% |
| Cleveland, OH | $93,000 | $56,000 - $121,000 | -11% |
| Jacksonville, FL | $93,000 | $56,000 - $121,000 | -11% |
| Vancouver, BC | $92,000 | $55,000 - $120,000 | -12% |
| Louisville, KY | $91,000 | $55,000 - $118,000 | -13% |
| Buffalo, NY | $91,000 | $55,000 - $118,000 | -13% |
| Calgary, AB | $91,000 | $55,000 - $118,000 | -13% |
| Orlando, FL | $90,000 | $54,000 - $117,000 | -14% |
| San Antonio, TX | $90,000 | $54,000 - $117,000 | -14% |
| Oklahoma City, OK | $90,000 | $54,000 - $117,000 | -14% |
| Birmingham, AL | $89,000 | $53,000 - $116,000 | -15% |
| Tucson, AZ | $89,000 | $53,000 - $116,000 | -15% |
| Memphis, TN | $88,000 | $53,000 - $114,000 | -16% |
| Ottawa, ON | $85,000 | $51,000 - $110,000 | -19% |
| Edmonton, AB | $84,000 | $50,000 - $109,000 | -20% |
| Montreal, QC | $77,000 | $46,000 - $100,000 | -27% |
| Hamilton, ON | $76,000 | $46,000 - $99,000 | -28% |
| Winnipeg, MB | $75,000 | $45,000 - $98,000 | -29% |
| Quebec City, QC | $74,000 | $44,000 - $96,000 | -30% |
| Halifax, NS | $74,000 | $44,000 - $96,000 | -30% |