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External Financial Modeling Analyst IV Salary in Illinois

How much does an External Financial Modeling Analyst IV make in Illinois?

As of August 01, 2026, the average salary for an External Financial Modeling Analyst IV in Illinois is $127,900 per year, which breaks down to an hourly rate of $61.

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

  • Top Earners (90th percentile): $168,401
  • Majority Range (25th-75th percentile): $119,500 to $149,100
  • Entry-Level (10th percentile): $111,852
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View as table View as graph 25% $119,500 10% $111,852 90% $168,401 75% $149,100 $127,900 50%(Median) Didn’t find job title? Click

External Financial Modeling Analyst IV Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $149,100 $12,425 $2,867 $72
Average $127,900 $10,658 $2,460 $61
25th Percentile $119,500 $9,958 $2,298 $57
Check out External Financial Modeling Analyst IV Job Openings in Illinois
Actuary Financial Projection Modeling

MassMutual - BOSTON, MA

Actuary Financial Projection Modeling

MassMutual - SPRINGFIELD, MA

Financial Analyst

St. Louis County, Minnesota - DULUTH, MN

Project Manager II

City of Fort Lauderdale - FORT LAUDERDALE, FL

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Key Factors That Influence External Financial Modeling Analyst IV Salaries

An External Financial Modeling Analyst IV'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 External Financial Modeling Analyst Salaries?

Experience is a primary driver of an External Financial Modeling Analyst IV'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:

  • External Financial Modeling Analyst I (0-2 years): $86,057
  • External Financial Modeling Analyst II (2-4 years): $106,478
  • External Financial Modeling Analyst III (4-7 years): $109,490
  • External Financial Modeling Analyst IV (7+ years): $127,815
Job Role Years of Experience Average Salary
External Financial Modeling Analyst I0-2 years$86,057
External Financial Modeling Analyst II2-4 years$106,478
External Financial Modeling Analyst III4-7 years$109,490
External Financial Modeling Analyst IV7+ years$127,815
$86,057 External ...
$106,478 External ...
$109,490 External ...
$127,815 External ...
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What Am I Worth?

Top Paying Cities for External Financial Modeling Analyst IVs

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: $117,900
  • Saint Peter: $117,700
  • Salem: $118,200

External Financial Modeling Analyst IV Salary by Company Size: Startups vs. Enterprise

External Financial Modeling Analyst IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $143,177. While startup companies pay approximate $121,124.

External Financial Modeling Analyst IV Salary by Company Size

Company Size Employees Average Salary
Startup1~50$121,124
Growth Stage51~500$128,103
Established501~5000$138,262
Enterprise5000+$143,177

External Financial Modeling Analyst IV Salary by Industry: Top Paying Sectors

For External Financial Modeling Analyst IV roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, External Financial Modeling Analyst positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view External Financial Modeling Analyst IV as a support function rather than a direct revenue driver.

The top paying industries for an External Financial Modeling Analyst IV

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$153,480$74.020%
Biotechnology$153,480$74.020%
Financial Services$153,480$74.020%
Pharmaceuticals$153,480$74.020%
Software & Networking$153,480$74.020%

External Financial Modeling Analyst IV Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an External Financial Modeling Analyst IV'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 August 01, 2026
$119,500
Average $127,900/year
$149,100
$9,958
Average $10,658/month
$12,425
$2,298
Average $2,460/week
$2,867
$57
Average $61/hour
$72
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $149,100 $12,425 $2,867 $72
Average $127,900 $10,658 $2,460 $61
25th Percentile $119,500 $9,958 $2,298 $57

External Financial Modeling Analyst IV Salary Growth & Career Path

External Financial Modeling Analyst IV
Data Analytics Advising Manager
Professional Services Consultant V
Manager of Supply Chain Advising
Data Analytics Advising Senior Manager
VP of Professional Services Consulting

Promotions are the fastest way to increase your earnings. As an External Financial Modeling Analyst IV, 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.

External Financial Modeling Analyst IV Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Data Analytics Advising Manager $147,700 15%
Professional Services Consultant V $142,900 12%
Manager of Supply Chain Advising $143,300 12%

Salaries of jobs related to External Financial Modeling Analyst IV

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Ready to take the next step in your career? Browse thousands of current External Financial Modeling Analyst IV job openings on our job board. Use the search bar below to find your perfect match.

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