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Financial Manager Salary Information in Illinois

The average annual and hourly salaries for financial managers in the state of Illinois are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial managers among Illinois areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Financial Managers in Illinois

Percentile BracketAverage Annual Salary
10th Percentile Wage
$62,650
25th Percentile Wage
$85,210
50th Percentile Wage
$117,830
75th Percentile Wage
$162,190
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in Illinois in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $162,190. The median (50th percentile) annual salary is $117,830. The average annual salary for the bottom 10 percent is $62,650.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$117,830
5.57% 8.85%
2016
$111,270
1.41% -
2015
$109,700
-1.57% -
2014
$111,420
-0.29% -
2013
$111,740
3.88% -
2012
$107,400
- -

Table 3. Median Annual Salary of Financial Managers in Illinois Cities

Table 3 shows the median annual salary of financial managers in some Illinois cities and metropolitan areas. We note that the median annual salary of financial managers in state of Illinois ranges from $78,530 to $125,560. The highest paying area for financial managers in Illinois is Chicago-Joliet-Naperville (IL Metropolitan Division) with a median annual salary of $125,560. The second highest paying city/area in Illinois State is Chicago-Joliet-Naperville (IL-IN-WI Area) (mean annual salary $122,960). The lowest paying area is East Central Illinois nonmetropolitan area with a median annual salary of $78,530.

Cities/Areas Median Annual Salary
Chicago-Joliet-Naperville (IL Metropolitan Division)
$125,560
Chicago-Joliet-Naperville (IL-IN-WI Area)
$122,960
Springfield
$108,750
Peoria
$107,430
Rockford
$96,560
Champaign-Urbana
$94,870
Northwest Illinois nonmetropolitan area
$93,790
Decatur
$92,210
Bloomington-Normal
$90,940
West Central Illinois nonmetropolitan area
$84,430
South Illinois nonmetropolitan area
$83,120
Danville
$82,440
Kankakee-Bradley
$79,270
East Central Illinois nonmetropolitan area
$78,530




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