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Demand Forecasting & Modeling Analyst V Salary in Illinois

How much does a Demand Forecasting & Modeling Analyst V make in Illinois?

As of July 01, 2026, the average salary for a Demand Forecasting & Modeling Analyst V in Illinois is $145,600 per year, which breaks down to an hourly rate of $70.

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

  • Top Earners (90th percentile): $178,078
  • Majority Range (25th-75th percentile): $129,600 to $162,600
  • Entry-Level (10th percentile): $115,033
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View as table View as graph 25% $129,600 10% $115,033 90% $178,078 75% $162,600 $145,600 50%(Median) Didn’t find job title? Click

Demand Forecasting & Modeling Analyst V Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $162,600 $13,550 $3,127 $78
Average $145,600 $12,133 $2,800 $70
25th Percentile $129,600 $10,800 $2,492 $62
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Key Factors That Influence Demand Forecasting & Modeling Analyst V Salaries

A Demand Forecasting & Modeling 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 Demand Forecasting & Modeling Analyst Salaries?

Experience is a primary driver of a Demand Forecasting & Modeling 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:

  • Entry-Level (less than 1 year): $139,107
  • Early Career (1-2 years): $140,301
  • Mid-Level (2-4 years): $140,779
  • Senior-Level (5-8 years): $143,168
  • Expert (over 8 years): $145,078
Levels Salary
Entry Level Demand Forecasting & Modeling Analyst V$139,107
Intermediate Level Demand Forecasting & Modeling Analyst V$140,301
Senior Level Demand Forecasting & Modeling Analyst V$140,779
Specialist Level Demand Forecasting & Modeling Analyst V$143,168
Expert Level Demand Forecasting & Modeling Analyst V$145,078
$139,107 0 yr
$140,301 < 2 yrs
$140,779 2-4 yrs
$143,168 5-8 yrs
$145,078 > 8 yrs
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What Am I Worth?

Top Paying Cities for Demand Forecasting & Modeling 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:

  • Effingham: $134,200
  • Saint Peter: $134,000
  • Salem: $134,500

Demand Forecasting & Modeling Analyst V Salary by Company Size: Startups vs. Enterprise

Demand Forecasting & Modeling Analyst V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $162,852. While startup companies pay approximate $137,725.

Demand Forecasting & Modeling Analyst V Salary by Company Size

Company Size Employees Average Salary
Startup1~50$137,725
Growth Stage51~500$145,665
Established501~5000$157,265
Enterprise5000+$162,852

Demand Forecasting & Modeling Analyst V Salary by Industry: Top Paying Sectors

For Demand Forecasting & Modeling Analyst V roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Construction and Aerospace & Defense sectors offer the strongest compensation, at 30% above the average. In contrast, Demand Forecasting & Modeling Analyst positions in Telecom or Transportation typically offer lower base pay, as these industries often view Demand Forecasting & Modeling Analyst V as a support function rather than a direct revenue driver.

The top paying industries for a Demand Forecasting & Modeling Analyst V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Construction$189,280$91.030%
Aerospace & Defense$182,000$88.025%
Financial Services$177,632$85.022%
Biotechnology$174,720$84.020%
Edu., Gov't. & Nonprofit$171,808$83.018%

Demand Forecasting & Modeling Analyst V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Demand Forecasting & Modeling 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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on July 01, 2026
$129,600
Average $145,600/year
$162,600
$10,800
Average $12,133/month
$13,550
$2,492
Average $2,800/week
$3,127
$62
Average $70/hour
$78
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $162,600 $13,550 $3,127 $78
Average $145,600 $12,133 $2,800 $70
25th Percentile $129,600 $10,800 $2,492 $62

Demand Forecasting & Modeling Analyst V Salary Growth & Career Path

Demand Forecasting & Modeling Analyst V
Demand Forecasting & Modeling Supervisor
Parts Inventory Control Manager
Inventory Control Operations Supervisor
VP of Demand Forecasting & Modeling
Parts Processing and Operations Director
Inventory Planning and Control Executive

Promotions are the fastest way to increase your earnings. As a Demand Forecasting & Modeling Analyst V, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Demand Forecasting & Modeling Analyst V Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Demand Forecasting & Modeling Supervisor $82,200 -44%
Parts Inventory Control Manager $88,400 -39%
Inventory Control Operations Supervisor $77,600 -47%

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