Chicago, Illinois Compensation Guide

Financial Analyst Salary in Chicago, Illinois

Comprehensive 2026 compensation analysis for Financial Analysts in Chicago. Explore local wage distributions, net take-home pay, state tax implications, and rental affordability.

Chicago Median Pay
$107,500
$8,958/month gross
vs. National Benchmark
+12%
National avg: $96,000
Net Monthly Take-Home
$6,813
After federal & state taxes
Rent-to-Income Ratio
27%
1-bed rent: $1,850/mo
State Income Tax: 4.95% estimated state & local tax burden
Explore all Chicago salaries

Financial Analyst Salary Percentiles in Chicago

Data sourced from U.S. Bureau of Labor Statistics (BLS) OEWS and adjusted for Chicago, Illinois metro market factors.

10th Percentile
$67,000
Entry level
25th Percentile
$85,000
Early career
50th (Median)
$107,500
Metro benchmark
75th Percentile
$139,000
Senior level
90th Percentile
$173,500
Staff / Lead

Estimated Paycheck & Tax Withholdings

Annual Gross Salary:$107,500
Estimated Federal Income Tax:-$20,425
Estimated State/Local Tax (4.95%):-$5,321
Annual Net Take-Home:$81,754
Monthly Budget Breakdown
Net Monthly Paycheck:$6,813
Median 1-Bed Rent:-$1,850
Discretionary Income:~$4,963/mo

Compare Financial Analyst in Chicago vs. Other Cities

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Frequently Asked Questions: Financial Analyst in Chicago

What is the average Financial Analyst salary in Chicago?

The median base salary for a Financial Analyst in Chicago, Illinois is $107,500 per year ($8,958/month). Entry-level roles start around $67,000, while senior and staff-level professionals earn up to $173,500.

How does Chicago Financial Analyst pay compare to the national average?

Financial Analyst salaries in Chicago are 12% above the U.S. national benchmark of $96,000.

What is the estimated monthly take-home pay for a Financial Analyst in Chicago?

At the median salary of $107,500, the estimated monthly net take-home pay in Chicago is approximately $6,813 after deducting estimated federal taxes ($1,702/mo) and state/local taxes ($443/mo).

Is Chicago affordable for a Financial Analyst?

With an average 1-bedroom rent of $1,850/month, housing consumes approximately 27% of a Financial Analyst's estimated net take-home pay, which is well within the recommended 30% financial guideline.

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