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Salary Report · Updated 2025

Financial Analyst Salary
in Chicago, IL

📍 Chicago, IL 📅 2025 data 🔄 Source: BLS OEWS 2024
$95k
Median annual base salary · Financial Analyst · Chicago, IL · 2025
25th Percentile
$70k
Median (50th)
$95k
75th Percentile
$118k
Total Comp
$112k
Full percentile breakdown — annual base salary
10th
$55k
25th
$70k
50th
$95k
75th
$118k
90th
$142k

Financial Analyst Salaries in Chicago, IL

Chicago's financial sector — anchored by CME Group, Morningstar, and major trading firms — offers strong analyst opportunities. Trading and derivatives experience commands a premium. CFA and FRM certifications both valued.

At the median level, total compensation including bonus and benefits reaches $112k per year. The market for Financial Analysts in Chicago, IL is growing at +3.5% year-over-year, reflecting continued demand across the region.

When negotiating your salary, always anchor to the 75th percentile ($118k) as your starting point. Most employers build 10–15% negotiation room into their initial offers. Research your specific employer's pay bands using Glassdoor and Levels.fyi before any negotiation conversation.

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Frequently Asked Questions

What is the average Financial Analyst salary in Chicago, IL?
The median Financial Analyst salary in Chicago, IL is $95,000 per year in 2025. Salaries range from $55,000 at the 10th percentile to $142,000 at the 90th percentile.
Is $95k a good salary for a Financial Analyst in Chicago?
$95k is the median salary — 50% of Financial Analysts in Chicago, IL earn more and 50% earn less. To be in the top 25%, you need $118k or above.
What is total compensation for a Financial Analyst in Chicago, IL?
Total compensation including base salary, annual bonus, and benefits for a Financial Analyst in Chicago, IL averages $112k per year at the median level.
How do I negotiate a higher Financial Analyst salary in Chicago?
Always anchor your ask to the 75th percentile ($118k) rather than the median. Research competing offers, highlight specialized skills, and negotiate total compensation — not just base salary.