Financial Managers Salary in Illinois
At $165,880 a year, the median for financial managers in Illinois is close to the national median of $166,570 (0%); Illinois ranks 14th of 51 states by median. Financial Managers earn 3.2 times the median across all occupations in Illinois ($51,960). Illinois pays more than every neighbouring state: Missouri, Wisconsin, Indiana, Iowa and Kentucky range from $130,650 in Kentucky to $143,460 in Missouri. Illinois employs 52,720 financial managers, 8.65 per 1,000 jobs, the 4th largest count of any state. A location quotient of 1.60 means the occupation is more concentrated in Illinois than nationally.
Illinois vs the United States, May 2025
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| Illinois | Hourly | $48.11 | $61.72 | $79.75 | $104.23 | $150.53 | $88.42 | 52,720 | 8.65 | 1.60 |
| Annual | $100,070 | $128,370 | $165,880 | $216,800 | $313,110 | $183,920 | ||||
| United States | Hourly | $45.34 | $60.33 | $80.08 | $105.76 | $155.42 | $89.86 | 841,710 | – | – |
| Annual | $94,310 | $125,490 | $166,570 | $219,980 | $323,270 | $186,910 | ||||
- Rank by median
- 14th of 51 states
- Rank by employment
- 4th of 51 states
- Location quotient
- 1.60
- Jobs per 1,000
- 8.65
Ranks count the 50 states and DC with a published value. The location quotient is the occupation's share of Illinois's employment divided by its national share; 1.00 means the same share as the nation. Take-home pay at these wages: FastCalc's take-home pay calculator.
Metropolitan areas in Illinois
12 metropolitan areas and 4 nonmetropolitan areas touching Illinois publish a row for financial managers, sorted by median. Areas crossing a state line are listed under every state they touch; a linked metro has its own profile.
| Area | Median hourly | Median annual | 10th pct (annual) | 90th pct (annual) | Employment | Jobs per 1,000 | Location quotient |
|---|---|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $81.16 | $168,810 | $103,490 | $321,200 | 41,590 | 9.21 | 1.70 |
| St. Louis, MO-IL | $76.34 | $158,780 | $92,720 | $304,260 | 7,190 | 5.36 | 0.99 |
| Bloomington, IL | $75.11 | $156,240 | $97,630 | $291,980 | 1,400 | 15.86 | 2.93 |
| Peoria, IL | $74.93 | $155,840 | $89,990 | $292,460 | 1,170 | 7.04 | 1.30 |
| Cape Girardeau, MO-IL | $67.16 | $139,690 | $78,790 | $244,390 | 120 | 2.72 | 0.50 |
| Davenport-Moline-Rock Island, IA-IL | $66.90 | $139,150 | $79,520 | $231,720 | 1,070 | 5.95 | 1.10 |
| Rockford, IL | $65.22 | $135,650 | $88,410 | $267,320 | 590 | 4.26 | 0.79 |
| Springfield, IL | $64.20 | $133,530 | $80,780 | $242,110 | 670 | 6.63 | 1.22 |
| Decatur, IL | $63.10 | $131,250 | $68,250 | $236,530 | 220 | 4.76 | 0.88 |
| Champaign-Urbana, IL | $61.38 | $127,680 | $80,570 | $216,920 | 660 | 6.27 | 1.16 |
| Kankakee, IL | $61.29 | $127,470 | $77,110 | $229,460 | 170 | 4.04 | 0.75 |
| Paducah, KY-IL | $55.03 | $114,460 | $74,990 | $206,230 | 130 | 2.52 | 0.47 |
| Northwest Illinois nonmetropolitan area | $62.15 | $129,280 | $77,190 | $220,170 | 650 | 5.09 | 0.94 |
| East Central Illinois nonmetropolitan area | $61.62 | $128,160 | $80,330 | $269,640 | 700 | 4.91 | 0.91 |
| South Illinois nonmetropolitan area | $57.83 | $120,280 | $65,940 | $222,080 | 610 | 4.34 | 0.80 |
| West Central Illinois nonmetropolitan area | $55.69 | $115,840 | $63,170 | $222,260 | 700 | 4.12 | 0.76 |
Neighbouring states
See the national page for Financial Managers (every state ranked) and the Illinois wage profile (every occupation in the state).
Source and notes
Data: BLS OEWS May 2025, released 2026-05-15. Cross-industry estimates, all ownerships. BLS page: OEWS Illinois estimates.
- Annual wages assume 2,080 hours a year at the hourly rate; occupations BLS publishes on one basis only show an en dash (–) on the other.
- Employment is rounded to the nearest 10 by BLS. Where BLS withholds a cell, nothing is estimated in its place.