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Financial Managers in Illinois

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Financial Managers in Illinois

Is Illinois a good place for you to work as a Financial Manager?

17.4% Jobs Projection
$126,020 Median Salary
3,450 Job Openings

You’re in luck! Jobs for Financial Managers in Illinois are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Financial Managers in Illinois is growing faster than average.

  • Financial Managers in Illinois earn higher salaries than the typical U.S. wage earner.

How Many Financial Managers Work in Illinois?

There were approximately 40,040 workers employed as Financial Managers in this state in 2018.

There were 37,310 Financial Managers employed in this state in 2017.

That’s growth of 2,730 jobs between 2017 and 2018.

Financial Managers in IL Employment Trend

The typical state has 6,900 Financial Managers working in it, which means Illinois has more Financial Managers than average.

Financial Managers in IL vs. the Average State

Job Projections for Illinois

Jobs for Financial Managers in this state are growing at a rate of 17.4% which is slower than the nationwide estimated projection of 18.7%.

Job Projections for Financial Managers: Nation vs. IL

Illinois Annual Job Openings

The BLS is projecting 3,450 annual Financial Managers job openings in Illinois, and 42,090 total jobs in the year 2026.

Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.

What do Financial Managers Make in Illinois?

In 2018 wages for Financial Managers ranged from $69,500 to $208,000 with $126,020 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $33.41 to $100. The median hourly rate was $60.58.

In 2017 the median pay for this field was $56.65 an hour.

The hourly rate grew by $3.93.

The median salary in Illinois is higher than the nationwide median salary.

Financial Managers Earnings: IL vs. National Average

Top Illinois Metros for Financial Managers

The table below shows some of the metros in this state with the most Financial Managers.

Metro Number Employed Annual Median Salary
Chicago-Naperville-Elgin, IL-IN-WI 32,640 $132,010
St. Louis, MO-IL 4,320 $129,260
Peoria, IL 950 $111,730
Davenport-Moline-Rock Island, IA-IL 910 $98,390
Springfield, IL 510 $114,170
Rockford, IL 490 $92,180
Champaign-Urbana, IL 490 $101,540
Decatur, IL 190 $94,990
Carbondale-Marion, IL 170 $83,370
Kankakee, IL 140 $94,060
Danville, IL 90 $95,860
Cape Girardeau, MO-IL 60 $97,370

Top States for Financial Managers Employment

The table below shows the states where most Financial Managers work.

State Number Employed Annual Median Salary
California 81,350 $139,240
New York 42,460 $194,820
Illinois 40,040 $126,020
Texas 39,580 $129,320
Massachusetts 33,880 $130,180
Florida 29,050 $114,190
New Jersey 21,340 $157,490
Ohio 19,980 $118,100
Georgia 17,840 $127,830
Pennsylvania 17,730 $138,980
Tennessee 15,870 $95,970
Connecticut 15,750 $144,500
North Carolina 15,730 $131,610
Minnesota 15,610 $121,210
Virginia 15,180 $147,710
Michigan 14,760 $116,300
Washington 13,010 $123,430
Maryland 12,550 $137,820
Arizona 11,400 $103,910
Iowa 8,630 $100,280

Below are the states where Financial Managers get paid the most:

State Annual Median Salary
New York $194,820
New Jersey $157,490
Delaware $152,180
District of Columbia $150,550
Virginia $147,710
Colorado $146,000
Connecticut $144,500
California $139,240
Pennsylvania $138,980
Maryland $137,820

References

More about our data sources and methodologies.

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