Financial Managers Pay Range in Illinois
Pay distribution across experience levels
- 10th Percentile — Entry Level$100,070
- 25th Percentile — Junior$128,370
- 50th Percentile — Median$165,880
- 75th Percentile — Senior$216,800
- 90th Percentile — Top Earners$313,110
Half of Financial Managers in Illinois earn more than $165,880. The top 10% make $313,110 or more, while entry-level workers start around $100,070.
Financial Managers in Illinois: Key Facts
Source: BLS OEWS May 2025
- Illinois ranks 12th of 51 states for Financial Managers pay, at $183,920 per year (1.6% below the U.S. average of $186,910).
- 52,720 people work as Financial Managers in Illinois — 6.3% of all U.S. Financial Managers jobs.
- Location quotient 1.60: Financial Managers jobs are more concentrated in Illinois than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $100,070; the top 10% earn over $313,110.
- Hourly equivalent: $88.42 per hour (2,080 hours/year).
- The highest-paying state is New York at $246,560.
- Among management jobs in Illinois, Chief Executives pays the most ($347,550).
Financial Managers Job Market in Illinois
Key factors affecting compensation
Illinois's key industries are Finance, Manufacturing, Agriculture, and its job market is rated strong. Financial Managers here earn $183,920 on average, placing the state 12th nationally.
With a cost-of-living index of 1.05 (U.S. = 1.00), a Illinois salary of $183,920 is roughly equivalent to $175,162 at the national average cost of living.
Compared with nearby states in the pay ranking, Connecticut ($201,260), Virginia ($199,320), North Carolina ($196,240) are the closest alternatives for Financial Managers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Management Jobs in Illinois
Related career salary benchmarks
- Chief Executives $347,550/yr Illinois +89.0% vs this role
- Computer and Information Systems Managers $179,190/yr Illinois 2.6% vs this role
- Architectural and Engineering Managers $170,480/yr Illinois 7.3% vs this role
- Marketing Managers $170,370/yr Illinois 7.4% vs this role
- Natural Sciences Managers $167,700/yr Illinois 8.8% vs this role
- Sales Managers $167,030/yr Illinois 9.2% vs this role
- Purchasing Managers $161,930/yr Illinois 12.0% vs this role
- Public Relations Managers $142,720/yr Illinois 22.4% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Financial Managers salary in Illinois?
The average Financial Managers salary in Illinois is $183,920 per year (median $165,880), which is 1.6% below the national average of $186,910.
How does Illinois rank for Financial Managers pay?
Illinois ranks 12th out of 51 states. The highest-paying state is New York ($246,560/yr).
How much do entry-level Financial Managers make in Illinois?
The lowest-paid 10% of Financial Managers in Illinois earn about $100,070 per year and the 25th percentile is $128,370.
How much do Financial Managers make per hour in Illinois?
About $88.42 per hour, based on the $183,920 annual average and 2,080 working hours per year.
How many Financial Managers work in Illinois?
BLS counts 52,720 Financial Managers jobs in Illinois (OEWS May 2025).
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