SalaryNode

Average Financial Specialists, All Other Salary in Champaign-Urbana, IL

The average salary for Financial Specialists, All Others in Champaign-Urbana, IL is $70,730. While this is lower than the national average, the cost of living in Champaign-Urbana, IL may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $70,730 per year.
  • Growth Trend: Salaries have shifted 9.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $112,490.
  • Outlook: The current demand for Financial Specialists, All Others is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Champaign-Urbana, IL economy.
2024 Market Data

Salary Overview

$70,730

The average Financial Specialists, All Other in Champaign-Urbana, IL earns-25.0%below the national average.

BreakdownBased on 40h/week
Hourly

$34

Weekly

$1,360

Monthly

$5,894

Financial Specialists, All Other Salary Distribution in Champaign-Urbana, IL

The earning potential for Financial Specialists, All Others in Champaign-Urbana, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $40,180, while highly experienced professionals can command wages upwards of $112,490.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,180$19.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,048$25.5
ManagerOversees team, compliance, and project delivery.50% (Median)$65,450$31.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,413$42.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$112,490$54.1

Detailed Financial Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$70,730

Gross Pay

Real Wage (Purchasing Power)

$70,730

Adjusted for COL (100)

In Champaign-Urbana, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $70,730 to $70,730.

Job Market Context

70

Total Jobs

0.638

Per 1K Jobs

0.77

Location Quotient

Below Average

Champaign-Urbana, IL has 0.77x the national average concentration of Financial Specialists, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

70 people work as Financial Specialists, All Other in Champaign-Urbana, IL.

Only 0.638 out of every 1,000 local jobs are Financial Specialists, All Other roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Financial Specialists, All Others?

Frequently Asked Questions

How much does a Financial Specialists, All Other make in Champaign-Urbana, IL?

The median annual salary for a Financial Specialists, All Other in Champaign-Urbana, IL is $70,730. This typically ranges from $40,180 for entry-level positions to $112,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Champaign-Urbana, IL is 25.0% lower than the national median of $94,320.

Is Champaign-Urbana, IL a good place for Financial Specialists, All Others?

It depends on your priorities. While the average Financial Specialists, All Other salary in Champaign-Urbana, IL is $70,730 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Champaign-Urbana, IL. See distinct detailed breakdown below.

Is Champaign-Urbana, IL a good place to live for Financial Specialists, All Others?

The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Champaign-Urbana, IL?

Some top paying nearby cities include Decatur, IL ($73,680) and West Central Illinois nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Champaign-Urbana, IL area with a job density of 0.638 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.