Salaries//Chicago, IL//Financial Analyst

Financial Analyst salary in Chicago, IL

Average Base Salary in Chicago, IL

$84,250
$25,411
Additional Cash Compensation
$109,661
Total Compensation
Median: 79,000
Min: $50K
Max: $150K

How Much Does a Financial Analyst Make in Chicago, IL?

The average salary for a Financial Analyst in Chicago, IL is $84,250. The average additional cash compensation for a Financial Analyst in Chicago, IL is $25,411. The average total compensation for a Financial Analyst in Chicago, IL is $109,661. Financial Analyst salaries are based on responses gathered by Built In from anonymous Financial Analyst employees in Chicago, IL.

Financial Analyst
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best-paying cities for Financial Analyst

The metropolitan areas that pay the highest salaries for software engineers are San Francisco, Colorado, Pittsburgh, Tampa Bay and New York City.
City NameAverage SalaryCompared to National Average
San Francisco, CA$114,708
+ 26% (85,391)
Colorado, CO$100,000
+ 15% (85,391)
Pittsburgh, PA$97,857
+ 13% (85,391)
Tampa Bay, FL$94,571
+ 10% (85,391)
New York City, NY$94,375
+ 10% (85,391)
Omaha, NE$94,286
+ 9% (85,391)
Orlando, FL$92,857
+ 8% (85,391)
Atlanta, GA$92,250
+ 7% (85,391)
Providence, RI$91,857
+ 7% (85,391)
Raleigh-Durham, NC$90,750
+ 6% (85,391)

Financial Analyst Salary by gender

The average Financial Analyst salary for women is $82,815 and the average Financial Analyst salary for men is $82,658.

Financial Analyst Salary by Years of Experience

The average salary for a Financial Analyst with 7+ years of experience is $94,833. The average salary for <1 year of experience is $97,500.

Financial Analyst Salary ranges

The most common Financial Analyst salary in Chicago, IL is between $80k - $90k.

Average Finance salaries in Chicago, IL

Job TitleAverage SalarySalary Range
Budget Analyst$68,375
Min: $46K
Max: $135K
Accountant$70,695
Min: $42K
Max: $146K
Financial Analyst$84,250
Min: $50K
Max: $150K
Senior Accountant$87,247
Min: $57K
Max: $160K
Senior Financial Analyst$97,943
Min: $65K
Max: $200K
Controller$137,739
Min: $92K
Max: $200K
Finance Director$160,593
Min: $115K
Max: $240K
Vice President of Finance$186,085
Min: $120K
Max: $275K
CFO (Chief Financial Officer)$264,601
Min: $135K
Max: $682K

FAQ

Q:

What does a financial analyst do?

A.

A financial analyst collects and organizes financial data, reviewing reports, identifying investment opportunities and forecasting trends.

Q:

How to become a financial analyst?

A.

Financial analysts typically have a bachelor's degree in finance, statistics, economics, or a related field. In addition to education, recent grads often look for internships or junior analyst roles gaining several years of experience before moving on to financial analyst and more senior roles.

Q:

How much does a financial analyst make?

A.

The salary range for a financial analyst is $38K-$725K. The average salary for a Financial Analyst in Chicago, IL is $84,250.

Career Info

Financial Analyst jobs in Chicago, IL

Skills that affect Financial Analyst salaries in Chicago, IL

1
Budget Management
7% have this skill
2
Financial analysis
6% have this skill
3
Financial Accounting
4% have this skill
4
Operational Analysis
2% have this skill
5
Financial Modeling
2% have this skill
6
Cost Accounting
1% have this skill

Average Financial Analyst Salary by Company Size

People with the job title Financial Analyst make the most at companies with 201-500 employees, earning $98,313 on average.

Recent Financial Analyst salaries in Chicago, IL

$80,000
Yearly Salary
A Financial Analyst reported a yearly salary of $80,000
1-3 Years of Experience
Male
201-500 Employees
Chicago, IL
$75,000
Yearly Salary
A Financial Analyst reported a yearly salary of $75,000 with +$2,500 in additional cash compensation
1-3 Years of Experience
Other
201-500 Employees
Chicago, IL
$110,000
Yearly Salary
A Financial Analyst reported a yearly salary of $110,000 with +$5,500 in additional cash compensation
1-3 Years of Experience
Prefer not to say
51-200 Employees
Chicago, IL
$90,000
Yearly Salary
A Financial Analyst reported a yearly salary of $90,000 with +$9,000 in additional cash compensation
3-5 Years of Experience
Prefer not to say
1,000+ Employees
Chicago, IL
$100,000
Yearly Salary
A Financial Analyst reported a yearly salary of $100,000 with +$10,000 in additional cash compensation
3-5 Years of Experience
Prefer not to say
1,000+ Employees
Chicago, IL
$87,000
Yearly Salary
A Financial Analyst reported a yearly salary of $87,000
3-5 Years of Experience
Male
201-500 Employees
Chicago, IL
$95,000
Yearly Salary
A Financial Analyst reported a yearly salary of $95,000 with +$9,500 in additional cash compensation
5-7 Years of Experience
Male
501-1,000 Employees
Chicago, IL
$75,000
Yearly Salary
A Financial Analyst reported a yearly salary of $75,000 with +$7,500 in additional cash compensation
1-3 Years of Experience
Male
11-50 Employees
Chicago, IL
1-5 Reports
$70,280
Yearly Salary
A Senior Finance and HR Operations Manager reported a yearly salary of $70,280 with +$12,000 in additional cash compensation
5-7 Years of Experience
Female
51-200 Employees
Chicago, IL
$120,000
Yearly Salary
A Financial Analyst reported a yearly salary of $120,000
5-7 Years of Experience
Prefer not to say
1,000+ Employees
Chicago, IL