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Financial Analyst V Salary in Chicago, IL

How much does a Financial Analyst V make in Chicago, IL?

As of October 01, 2026, the average salary for a Financial Analyst V in Chicago, IL is $152,398 per year, which breaks down to an hourly rate of $73.

However, a Financial Analyst V's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $169,769
  • Majority Range (25th-75th percentile): $137,492 to $161,490
  • Entry-Level (10th percentile): $123,921
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Financial Analyst V Salaries

A Financial Analyst V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Financial Analyst V Salaries?

Experience is a primary driver of a Financial Analyst V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Financial Analyst III (4-7 years): $98,406
  • Financial Analyst IV (7+ years): $113,832
  • Financial Analyst V (7-10 years): $152,398
  • Finance Supervisor (10+ years): $96,986
  • Finance Senior Supervisor (10+ years): $118,631
Job Role Years of Experience Average Salary
Financial Analyst III4-7 years$98,406
Financial Analyst IV7+ years$113,832
Financial Analyst V7-10 years$152,398
Finance Supervisor10+ years$96,986
Finance Senior Supervisor10+ years$118,631
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Top Paying Cities for Financial Analyst Vs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $186,006
  • San Francisco: $183,970
  • Oakland: $180,093

Financial Analyst V Salary by Company Size: Startups vs. Enterprise

Financial Analyst V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $170,136. While startup companies pay approximate $144,062.

Financial Analyst V Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $144,062
Growth Stage 51~500 $152,327
Established 501~5000 $164,280
Enterprise 5000+ $170,136

Financial Analyst V Salary by Industry: Top Paying Sectors

For Financial Analyst V roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Financial Analyst positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Financial Analyst V as a support function rather than a direct revenue driver.

The top paying industry for a Financial Analyst V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$221,208$106.050%

Financial Analyst V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Financial Analyst V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$137,492
Average $152,398/year
$161,490
$11,458
Average $12,700/month
$13,458
$2,644
Average $2,931/week
$3,106
$66
Average $73/hour
$78
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $161,490 $13,458 $3,106 $78
Average $152,398 $12,700 $2,931 $73
25th Percentile $137,492 $11,458 $2,644 $66

Financial Analyst V Salary Growth & Career Path

Financial Analyst V

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Advancement

For a Financial Analyst V, the most direct path to higher earnings is advancing to the Finance Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $96,986 - a projected growth of -36% over your current level.

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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