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Financial Managers Salary in Illinois

What Financial Managers earn in Illinois, labor market by labor market, and what is left after taxes and living costs in 17 counties.

Average in IL
$162,674
local median wages, weighted
Rank among states
14 of 27
published states
Workers in state
57,640
BLS employment estimate
Wage areas
2
17 counties

Pay by labor market in Illinois

Financial Managers pay by wage area in Illinois
Wage areaMedian wageTake-home payMargin per yearLargest county
Chicago-Naperville-Elgin, IL-IN$168,810$118,100$89,723Cook County, IL
St. Louis, MO-IL$158,780$111,741$91,476Madison County, IL

Counties ranked by what is left after the basics

Financial Managers in Illinois counties, by yearly margin
#CountyMedian wageTake-home payMargin per year
1DeKalb County, IL$168,810$118,100$97,223
2Grundy County, IL$168,810$118,100$96,287
3Macoupin County, IL$158,780$111,741$95,748
4Bond County, IL$158,780$111,741$93,936
5Madison County, IL$158,780$111,741$91,476
6St. Clair County, IL$158,780$111,741$91,476
7Clinton County, IL$158,780$111,741$91,476
8Monroe County, IL$158,780$111,741$91,476
9Jersey County, IL$158,780$111,741$91,476
10Calhoun County, IL$158,780$111,741$91,476
11Cook County, IL$168,810$118,100$89,723
12DuPage County, IL$168,810$118,100$89,723
13Lake County, IL$168,810$118,100$89,723
14Will County, IL$168,810$118,100$89,723
15Kane County, IL$168,810$118,100$89,723
16McHenry County, IL$168,810$118,100$89,723
17Kendall County, IL$168,810$118,100$89,603

Financial Managers pay in Illinois

The employment-weighted average of local median wages for Financial Managers in Illinois is $162,674, based on 57,640 workers. Among the 27 states with published data, that ranks number 14. The BLS national median for the occupation is $166,570, so Illinois averages 2.3% below it.

Inside Illinois, pay depends on the labor market. The highest local median is $168,810 in the Chicago-Naperville-Elgin, IL-IN area and the lowest is $158,780 in St. Louis, MO-IL, a difference of $10,030 across 2 wage areas.

Cost of living for Financial Managers in Illinois

We compare 17 Illinois counties after federal, Social Security, Medicare and state taxes and the four basics: a one-bedroom rental, food, home energy and gasoline. DeKalb County, IL leaves the largest yearly margin, $97,223. Kendall County, IL leaves the smallest, $89,603. The median wage covers all four basics in 17 of the 17 counties.

Financial Managers in other states

The states with the highest average local median wages for Financial Managers are New York ($213,114), New Jersey ($210,073), New Hampshire ($201,729) and Massachusetts ($199,757).

Frequently asked questions: Financial Managers in Illinois

How much do Financial Managers earn in Illinois?

The employment-weighted average of local median wages is $162,674, from $158,780 to $168,810 depending on the labor market.

Which Illinois county is best for Financial Managers?

DeKalb County, IL leaves the largest yearly margin after taxes and the four basics ($97,223). Grundy County, IL follows at $96,287.