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Average Financial and Investment Analysts Salary in West Central Illinois nonmetropolitan area

The average salary for Financial and Investment Analystss in West Central Illinois nonmetropolitan area is $90,160. While this is lower than the national average, the cost of living in West Central Illinois nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $90,160 per year.
  • Growth Trend: Salaries have shifted 17.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,650.
  • 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 West Central Illinois nonmetropolitan area economy.
2024 Market Data

Salary Overview

$90,160

The average Financial and Investment Analysts in West Central Illinois nonmetropolitan area earns-23.6%below the national average.

BreakdownBased on 40h/week
Hourly

$43.4

Weekly

$1,734

Monthly

$7,513

Financial and Investment Analysts Salary Distribution in West Central Illinois nonmetropolitan area

The earning potential for Financial and Investment Analystss in West Central 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 $55,640, while highly experienced professionals can command wages upwards of $136,650.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$55,640$26.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,620$32.5
ManagerOversees team, compliance, and project delivery.50% (Median)$84,940$40.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,700$54.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,650$65.7

Detailed Financial and Investment Analysts Market Analysis

Relocation Context

Nominal Salary

$90,160

Gross Pay

Real Wage (Purchasing Power)

$90,160

Adjusted for COL (100)

In West Central Illinois nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $90,160 to $90,160.

Job Market Context

90

Total Jobs

0.502

Per 1K Jobs

0.23

Location Quotient

Low Concentration

At 0.23x, West Central 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.

90 people work as Financial and Investment Analysts in West Central Illinois nonmetropolitan area.

Only 0.502 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 West Central Illinois nonmetropolitan area

Hiring Financial and Investment Analystss?

Frequently Asked Questions

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

The median annual salary for a Financial and Investment Analysts in West Central Illinois nonmetropolitan area is $90,160. This typically ranges from $55,640 for entry-level positions to $136,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Central Illinois nonmetropolitan area is 23.6% lower than the national median of $117,950.

Is West Central 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 West Central Illinois nonmetropolitan area is $90,160 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of West Central Illinois nonmetropolitan area. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near West Central 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 90 employees in the West Central Illinois nonmetropolitan area area with a job density of 0.502 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.