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Average Financial Specialists, All Other Salary in Northwest Illinois nonmetropolitan area

The average salary for Financial Specialists, All Others in Northwest Illinois nonmetropolitan area is $63,150. While this is lower than the national average, the cost of living in Northwest Illinois nonmetropolitan area may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $63,150 per year.
  • Growth Trend: Salaries have shifted 9.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,090.
  • 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 Northwest Illinois nonmetropolitan area economy.
2024 Market Data

Salary Overview

$63,150

The average Financial Specialists, All Other in Northwest Illinois nonmetropolitan area earns-33.0%below the national average.

BreakdownBased on 40h/week
Hourly

$30.4

Weekly

$1,214

Monthly

$5,263

Financial Specialists, All Other Salary Distribution in Northwest Illinois nonmetropolitan area

The earning potential for Financial Specialists, All Others in Northwest Illinois nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $38,820, while highly experienced professionals can command wages upwards of $100,090.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,820$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$47,363$22.8
ManagerOversees team, compliance, and project delivery.50% (Median)$57,220$27.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$78,938$38
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$100,090$48.1

Detailed Financial Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$63,150

Gross Pay

Real Wage (Purchasing Power)

$63,150

Adjusted for COL (100)

In Northwest Illinois nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $63,150 to $63,150.

Job Market Context

70

Total Jobs

0.515

Per 1K Jobs

0.62

Location Quotient

Below Average

Northwest Illinois nonmetropolitan area has 0.62x 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 Northwest Illinois nonmetropolitan area.

Only 0.515 out of every 1,000 local jobs are Financial Specialists, All Other roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Financial Specialists, All Other

Comparing salaries near Northwest Illinois nonmetropolitan area

Hiring Financial Specialists, All Others?

Frequently Asked Questions

How much does a Financial Specialists, All Other make in Northwest Illinois nonmetropolitan area?

The median annual salary for a Financial Specialists, All Other in Northwest Illinois nonmetropolitan area is $63,150. This typically ranges from $38,820 for entry-level positions to $100,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Illinois nonmetropolitan area is 33.0% lower than the national median of $94,320.

Is Northwest Illinois nonmetropolitan area a good place for Financial Specialists, All Others?

It depends on your priorities. While the average Financial Specialists, All Other salary in Northwest Illinois nonmetropolitan area is $63,150 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Northwest Illinois nonmetropolitan area. See distinct detailed breakdown below.

Is Northwest Illinois nonmetropolitan area a good place to live for Financial Specialists, All Others?

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

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

Some top paying nearby cities include Bloomington, IL ($108,030) and Decatur, IL.

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 Northwest Illinois nonmetropolitan area area with a job density of 0.515 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.