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Kankakee, IL metro area · BLS May 2025 · Updated

How much does a financial manager make in Kankakee, IL?

In the Kankakee, IL metropolitan area, financial managers earned a median of $127,470 a year ($61.29 an hour) in May 2025, according to the BLS Occupational Employment and Wage Statistics survey for the metro. BLS counted 170 of these jobs there. That is 178% above the $45,830 median for all jobs in the metro. The middle 80% earned between $77,110 and $229,460; these percentiles do not measure years of experience. Applying 2026 federal and Illinois tax rules to the median leaves an estimated $92,227 in take-home pay.

Financial manager pay in Kankakee, IL at a glance

Median salary

$127,470$61.29 per hour · $10,623 monthly · BLS May 2025
10th percentile$77,110$37.07/hr
25th percentile$95,740$46.03/hr
75th percentile$161,260$77.53/hr
90th percentile$229,460$110.32/hr
Jobs in this metro170Location quotient 0.75 (U.S. = 1.00)
Against all jobs here178% aboveAll-jobs median $45,830
Against Illinois23% belowStatewide median $165,880
Against the U.S.23% belowNational median $166,570

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

Take-home payWhat $125,000 a year leaves after tax in IllinoisFederal tax, FICA and Illinois withholding on that salary, with the other 49 states beside it.
By the hour$60 an hour is how much a yearWeekly, biweekly and monthly gross at 2,080 hours, plus time and a half.
HousingWhat a $125,000 salary buys at today's ratesPrice range, down payment and the monthly payment behind it, on current mortgage rates.
Local pricesWhat $125,000 is worth where you liveRent, groceries and the local price level against the national average.
Same stateEvery occupation Illinois publishes a wage forThe biggest employers, the best paid, and what is distinctive about Illinois.

Financial manager salary in Kankakee, IL after taxes

$127,470
$50,000$255,000
Filing status:
Gross salary breakdown$127,470
Net 72%
Fed 15%
IL 5%
FICA 8%
Annual take-home$92,227After all taxes
Monthly deposit$7,686Estimated per month
Biweekly paycheck$3,547Every 2 weeks (26/yr)
Effective tax rate27.7%Total tax burden
Federal income tax$19,327 / yr
Illinois state income tax$6,165 / yr
FICA (Social Security & Medicare)$9,751 / yr
Customize deductions in full Illinois calculator

Financial managers pay range in Kankakee, IL, hourly and yearly

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

What financial managers earned in the Kankakee, IL metro area, May 2025
PercentileHourlyMonthlyYearlyAfter tax a year (IL)
10th percentile$37.07/hr$6,426$77,110$59,405
25th percentile$46.03/hr$7,978$95,740$71,589
MedianMedian$61.29/hr$10,623$127,470$92,227
75th percentile$77.53/hr$13,438$161,260$113,650
90th percentile$110.32/hr$19,122$229,460$158,484

Is $127,470 a good salary in Kankakee, 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$71,281Census Bureau ACS
Local price level (U.S. = 100)96.43.6% below national average
One paycheck vs. a household178.8%of area median income

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

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Financial managers pay in other Illinois metros

Metros in the same state that are closest in size to Kankakee, IL. A statewide average can hide differences this large.

Financial manager pay in Kankakee, IL: common questions

What is the median salary for financial managers in Kankakee, IL?

The BLS median annual wage for financial managers in the Kankakee, IL metro area was $127,470 in May 2025, about $10,623 a month or $61.29 an hour. Statewide, the Illinois median for this job is $165,880, so the metro pays 23% below the state.

What is the hourly pay for financial managers in Kankakee, IL?

The median hourly wage for financial managers in Kankakee, IL was $61.29 in the BLS survey. One in ten earned less than $37.07 an hour and one in ten earned more than $110.32.

How many financial managers work in Kankakee, IL?

BLS estimated 170 jobs for financial managers in the metro in May 2025, or 4.0 of every 1,000 jobs. Its location quotient of 0.75 means the job is less concentrated here than in the country as a whole.

What is the pay range for financial managers in Kankakee, IL?

BLS wage estimates for financial managers in Kankakee, IL run from $77,110 at the 10th percentile to $95,740 at the 25th, $161,260 at the 75th, and $229,460 at the 90th. These are points in the wage distribution, not experience levels.

How much do financial managers take home after taxes in Kankakee, IL?

On a median gross salary of $127,470, an estimated $92,227 lands in net take-home pay per year ($3,547 biweekly) for a single filer claiming the standard deduction in Illinois in 2026. Total tax withholding equals $35,243 (an effective rate of 27.6%).

How much do financial managers make per month in Kankakee, IL?

On the median annual salary of $127,470, gross monthly income is $10,623. After federal, FICA, and Illinois state income taxes, estimated net take-home pay is $7,686 per month (or $3,547 every two weeks).

Is $127,470 a good salary in Kankakee, IL?

At $127,470, the median salary for financial managers is 178.8% of the Kankakee, IL median household income ($71,281). It is 178% above the $45,830 median for all jobs in the metro. The BEA regional price parity is 96.4, so prices here run 3.6% below the U.S. average.