Financial Managers Salary in Chicago, IL-IN

BLS Occupational Employment & Wage Statistics • May 2025 • Chicago-Naperville-Elgin, IL-IN

Median annual salary $164,470 +1.7% vs national
Median hourly $79.07
10th percentile $99,010
90th percentile —
Employed locally 41,170
National median $161,700

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Financial Managers
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Chicago, IL-IN
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    Salary percentile breakdown

    10th
    $99,010
    25th
    $127,200
    50th (median)
    $164,470
    75th
    $215,320

    Chicago economic context

    Unemployment rate 5.10% 2024 annual avg • BLS LAUS
    Median household income $88,850 2023 • Census ACS
    Financial Managers salary vs area income 185% Median Financial Managers salary is 85% above the area median household income

    Top-paying metros for Financial Managers

    Metro areaMedian salary
    San Jose-Sunnyvale-Santa Clara, CA $218,920
    New York-Newark-Jersey City, NY-NJ $216,520
    New York $215,740
    San Francisco-Oakland-Fremont, CA $211,730
    New Jersey $188,750
    Boston-Cambridge-Newton, MA-NH $188,490

    Nearby metros — Financial Managers salary comparison

    Metro areaMedian salary
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $164,340
    Durham-Chapel Hill, NC $161,950
    Santa Cruz-Watsonville, CA $160,250
    Illinois $159,990
    Charlottesville, VA $159,700
    Portland-Vancouver-Hillsboro, OR-WA $159,540

    Related occupations in Chicago, IL-IN

    OccupationMedian salary
    General and Operations Managers $105,310
    Sales Managers $147,940
    Computer and Information Systems Managers $168,230
    Marketing Managers $158,800
    Medical and Health Services Managers $124,350
    Construction Managers $118,830

    Frequently asked questions

    How much do Financial Managers make per hour in Chicago?

    The median hourly wage for Financial Managers in Chicago, IL-IN is $79.07, based on BLS OEWS 2025 data. Top earners (90th percentile) make $154.42 or more per hour.

    Is Chicago above or below average for Financial Managers salaries?

    The median Financial Managers salary in Chicago, IL-IN is 1.7% above the national median of $161,700. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Financial Managers in Chicago?

    Entry-level Financial Managers (10th percentile) earn around $99,010 per year in Chicago, IL-IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $127,200.