Chicago-Naperville-Elgin, IL-IN metro area · BLS May 2025 · Updated

How much does a financial manager make in Chicago-Naperville, IL?

In the Chicago-Naperville-Elgin, IL-IN metropolitan area, financial managers earned a median of $168,810 a year ($81.16 an hour) in May 2025, according to the BLS Occupational Employment and Wage Statistics survey for the metro. BLS counted 41,590 of these jobs there. That is 208% above the $54,720 median for all jobs in the metro. The middle 80% earned between $103,490 and $321,200; these percentiles do not measure years of experience. Applying 2026 federal and Illinois tax rules to the median leaves an estimated $118,436 in take-home pay.

Financial manager pay in Chicago-Naperville, IL at a glance

Median salary

$168,810$81.16 per hour · $14,068 monthly · BLS May 2025
10th percentile$103,490$49.75/hr
25th percentile$131,120$63.04/hr
75th percentile$220,150$105.84/hr
90th percentile$321,200$154.42/hr
Jobs in this metro41,590Location quotient 1.70 (U.S. = 1.00)
Against all jobs here208% aboveAll-jobs median $54,720
Against Illinois2% aboveStatewide median $165,880
Against the U.S.1% aboveNational median $166,570

Run the numbers on your own pay

Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.

Financial manager salary in Chicago-Naperville, IL after taxes

$168,810
$65,000$340,000
Filing status:
Gross salary breakdown$168,810
Net 70%
Fed 17%
IL 5%
FICA 8%
Annual take-home$118,436After all taxes
Monthly deposit$9,870Estimated per month
Biweekly paycheck$4,555Every 2 weeks (26/yr)
Effective tax rate29.8%Total tax burden
Federal income tax$29,248 / yr
Illinois state income tax$8,211 / yr
FICA (Social Security & Medicare)$12,914 / yr

Financial managers pay range in Chicago-Naperville, IL, hourly and yearly

BLS May 2025 estimates for the Chicago-Naperville-Elgin, IL-IN metropolitan statistical area. Monthly and take-home figures are ours, computed from the annual wage.

What financial managers earned in the Chicago-Naperville-Elgin, IL-IN metro area, May 2025
PercentileHourlyMonthlyYearlyAfter tax a year (IL)
10th percentile$49.75/hr$8,624$103,490$76,657
25th percentile$63.04/hr$10,927$131,120$94,541
MedianMedian$81.16/hr$14,068$168,810$118,436
75th percentile$105.84/hr$18,346$220,150$152,833
90th percentile$154.42/hr$26,767$321,200$212,704

Is $168,810 a good salary in Chicago-Naperville, IL?

It depends on what else people there earn and what things cost. Here is the median for financial managers next to both.

Median household income$90,887Census Bureau ACS
Local price level (U.S. = 100)103.63.6% above national average
One paycheck vs. a household185.7%of area median income

The same job statewide and nationally, and a calculator for your own paycheck.

Financial manager pay in Chicago-Naperville, IL: common questions

What is the median salary for financial managers in Chicago-Naperville-Elgin, IL-IN?

The BLS median annual wage for financial managers in the Chicago-Naperville-Elgin, IL-IN metro area was $168,810 in May 2025, about $14,068 a month or $81.16 an hour. Statewide, the Illinois median for this job is $165,880, so the metro pays 2% above the state.

What is the hourly pay for financial managers in Chicago-Naperville-Elgin, IL-IN?

The median hourly wage for financial managers in Chicago-Naperville-Elgin, IL-IN was $81.16 in the BLS survey. One in ten earned less than $49.75 an hour and one in ten earned more than $154.42.

How many financial managers work in Chicago-Naperville-Elgin, IL-IN?

BLS estimated 41,590 jobs for financial managers in the metro in May 2025, or 9.2 of every 1,000 jobs. Its location quotient of 1.70 means the job is more concentrated here than in the country as a whole.

What is the pay range for financial managers in Chicago-Naperville-Elgin, IL-IN?

BLS wage estimates for financial managers in Chicago-Naperville-Elgin, IL-IN run from $103,490 at the 10th percentile to $131,120 at the 25th, $220,150 at the 75th, and $321,200 at the 90th. These are points in the wage distribution, not experience levels.

How much do financial managers take home after taxes in Chicago-Naperville-Elgin, IL-IN?

On a median gross salary of $168,810, an estimated $118,436 lands in net take-home pay per year ($4,555 biweekly) for a single filer claiming the standard deduction in Illinois in 2026. Total tax withholding equals $50,374 (an effective rate of 29.8%).

How much do financial managers make per month in Chicago-Naperville-Elgin, IL-IN?

On the median annual salary of $168,810, gross monthly income is $14,068. After federal, FICA, and Illinois state income taxes, estimated net take-home pay is $9,870 per month (or $4,555 every two weeks).

Is $168,810 a good salary in Chicago-Naperville-Elgin, IL-IN?

At $168,810, the median salary for financial managers is 185.7% of the Chicago-Naperville-Elgin, IL-IN median household income ($90,887). It is 208% above the $54,720 median for all jobs in the metro. The BEA regional price parity is 103.6, so prices here run 3.6% above the U.S. average.