Financial Manager Salary in Illinois
Financial Managers in Illinois earn an average of $169,403 per year across 1 metro area. This is +2.0% higher than the national average.
Average Salary
$169,403
per year
Hourly Rate
$81.44
per hour
vs National
+2.0%
$166,050 national
Salary Range
$106,287
to $237,101
Cost of Living Adjusted Salary
Nominal Salary
$169,403
Cost of Living Index
95
100 = national average
Adjusted Salary
$178,319
purchasing power equivalent
After adjusting for Illinois's cost of living (below average), a Financial Manager's salary of $169,403 has the purchasing power of $178,319 in an average-cost area.
Financial Manager Salary by City in Illinois
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Chicago, IL | $169,403 | $81.44/hr | $106,287 | $237,101 | 648 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Illinois vs National Average
Financial Manager Salary Comparison
Employment in Illinois
There are approximately 648 Financial Managers employed across 1 metro area in Illinois.
Key Industries: Finance, Manufacturing, Technology
State Income Tax: 4.95% flat rate
Financial Manager Salary Range in Illinois
Entry Level (10th Percentile)
$106,287
Starting salary for new Financial Managers
Median (50th Percentile)
$169,403
Mid-career Financial Manager salary
Senior (90th Percentile)
$237,101
Top earners in the field
Related Occupations in Illinois
Financial Analyst
$105,428
avg in IL
-$63,975 vs Financial Manager
Management Analyst
$101,454
avg in IL
-$67,949 vs Financial Manager
Accountant
$80,708
avg in IL
-$88,695 vs Financial Manager
Market Research Analyst
$76,786
avg in IL
-$92,617 vs Financial Manager
Human Resources Specialist
$71,794
avg in IL
-$97,609 vs Financial Manager
Financial Manager Salary in Neighboring States
Compare Financial Manager salaries in Illinois with nearby states to find the best opportunities.
More Illinois Data
Frequently Asked Questions
What is the average Financial Manager salary in Illinois?
The average Financial Manager salary in Illinois is $169,403 per year ($81.44/hour) based on 2026 data across 1 metro areas. This is 2.0% above the national average of $166,050.
What is the highest paying city for Financial Managers in Illinois?
Chicago, IL is the highest paying city for Financial Managers in Illinois, with a median salary of $169,403 per year.
What is the salary range for Financial Managers in Illinois?
Financial Manager salaries in Illinois range from $106,287 (entry-level, 10th percentile) to $237,101 (experienced, 90th percentile). The median salary is $169,403 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Illinois. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.