Average Financial and Investment Analysts Salary in Rockford, IL
The average salary for Financial and Investment Analystss in Rockford, IL is $101,140. While this is lower than the national average, the cost of living in Rockford, IL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $101,140 per year.
- Growth Trend: Salaries have shifted 7.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $142,470.
- Outlook: The current demand for Financial and Investment Analystss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Rockford, IL economy.
Salary Overview
The average Financial and Investment Analysts in Rockford, IL earns-14.3%below the national average.
$48.6
$1,945
$8,428
Financial and Investment Analysts Salary Trends (2020-2024)
Over the past 3 years, Financial and Investment Analysts salaries in Rockford, IL have remained stable with a modest increase of 7.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial and Investment Analysts Salary Distribution in Rockford, IL
The earning potential for Financial and Investment Analystss in Rockford, IL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $68,110, while highly experienced professionals can command wages upwards of $142,470.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $68,110 | $32.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,855 | $36.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $94,080 | $45.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,425 | $60.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $142,470 | $68.5 |
Detailed Financial and Investment Analysts Market Analysis
Relocation Context
Nominal Salary
$101,140
Gross Pay
Real Wage (Purchasing Power)
$101,140
Adjusted for COL (100)
In Rockford, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $101,140 to $101,140.
Job Market Context
90
Total Jobs
0.655
Per 1K Jobs
0.3
Location Quotient
At 0.30x, Rockford, IL has a notably lower concentration of Financial and Investment Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
90 people work as Financial and Investment Analysts in Rockford, IL.
Only 0.655 out of every 1,000 local jobs are Financial and Investment Analysts roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Financial and Investment Analysts
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Financial and Investment Analysts Salary | $94,260↓ 7% | 30 mi |
| Madison, WI Financial and Investment Analysts Salary | $120,340↑ 19% | 59 mi |
| Kenosha, WI Financial and Investment Analysts Salary | $97,900↓ 3% | 65 mi |
| Racine-Mount Pleasant, WI Financial and Investment Analysts Salary | $87,430↓ 14% | 71 mi |
| Chicago-Naperville-Elgin, IL-IN Financial and Investment Analysts Salary | $117,210↑ 16% | 78 mi |
Comparing salaries near Rockford, IL
Hiring Financial and Investment Analystss?
Frequently Asked Questions
How much does a Financial and Investment Analysts make in Rockford, IL?
The median annual salary for a Financial and Investment Analysts in Rockford, IL is $101,140. This typically ranges from $68,110 for entry-level positions to $142,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rockford, IL is 14.3% lower than the national median of $117,950.
Is Rockford, IL a good place for Financial and Investment Analystss?
It depends on your priorities. While the average Financial and Investment Analysts salary in Rockford, IL is $101,140 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Rockford, IL. See distinct detailed breakdown below.
Is Rockford, IL a good place to live for Financial and Investment Analysts?
The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rockford, IL?
Some top paying nearby cities include Janesville-Beloit, WI ($94,260) and Madison, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Rockford, IL area with a job density of 0.655 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial and Investment Analysts • Data source: BLS OEWS 2024 •Jobs in Rockford, IL