Financial Managers in Illinois
Is Illinois a good place for you to work as a Financial Manager?
You’re in luck! Jobs for Financial Managers in Illinois are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Managers in Illinois is growing faster than average.
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Financial Managers in Illinois earn higher salaries than the typical U.S. wage earner.
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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.
The typical state has 6,900 Financial Managers working in it, which means Illinois has more Financial Managers than average.
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%.
Illinois Annual Job Openings
The BLS estimates there will be 3,450 annual job openings, and 42,090 total jobs in 2026 for Financial Managers in this state.
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.
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
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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