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Average Financial and Investment Analysts Salary in South Illinois nonmetropolitan area

The average salary for Financial and Investment Analystss in South Illinois nonmetropolitan area is $91,700. While this is lower than the national average, the cost of living in South Illinois nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $91,700 per year.
  • Growth Trend: Salaries have shifted 19.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,100.
  • Outlook: The current demand for Financial and Investment Analystss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader South Illinois nonmetropolitan area economy.
2024 Market Data

Salary Overview

$91,700

The average Financial and Investment Analysts in South Illinois nonmetropolitan area earns-22.3%below the national average.

BreakdownBased on 40h/week
Hourly

$44.1

Weekly

$1,763

Monthly

$7,642

Financial and Investment Analysts Salary Distribution in South Illinois nonmetropolitan area

The earning potential for Financial and Investment Analystss in South Illinois nonmetropolitan area 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 $61,070, while highly experienced professionals can command wages upwards of $130,100.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,070$29.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,775$33.1
ManagerOversees team, compliance, and project delivery.50% (Median)$86,870$41.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$114,625$55.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$130,100$62.5

Detailed Financial and Investment Analysts Market Analysis

Relocation Context

Nominal Salary

$91,700

Gross Pay

Real Wage (Purchasing Power)

$91,700

Adjusted for COL (100)

In South Illinois nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $91,700 to $91,700.

Job Market Context

50

Total Jobs

0.356

Per 1K Jobs

0.16

Location Quotient

Low Concentration

At 0.16x, South Illinois nonmetropolitan area 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.

50 people work as Financial and Investment Analysts in South Illinois nonmetropolitan area.

Only 0.356 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

Comparing salaries near South Illinois nonmetropolitan area

Hiring Financial and Investment Analystss?

Frequently Asked Questions

How much does a Financial and Investment Analysts make in South Illinois nonmetropolitan area?

The median annual salary for a Financial and Investment Analysts in South Illinois nonmetropolitan area is $91,700. This typically ranges from $61,070 for entry-level positions to $130,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Illinois nonmetropolitan area is 22.3% lower than the national median of $117,950.

Is South Illinois nonmetropolitan area a good place for Financial and Investment Analystss?

It depends on your priorities. While the average Financial and Investment Analysts salary in South Illinois nonmetropolitan area is $91,700 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of South Illinois nonmetropolitan area. See distinct detailed breakdown below.

Is South Illinois nonmetropolitan area a good place to live for Financial and Investment Analysts?

The Cost of Living Index in South Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Illinois nonmetropolitan area?

Some top paying nearby cities include Bloomington, IL ($115,580) and Champaign-Urbana, IL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the South Illinois nonmetropolitan area area with a job density of 0.356 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.