As of February 01, 2025, the average annual salary for a Chief Financial Officer in Illinois is $468,416. Salary.com reports that pay typically ranges from $359,135 to $599,693, with most professionals earning between $259,641 and $719,213.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $586,210 | $48,851 | $11,273 | $282 |
| Average | $457,885 | $38,157 | $8,805 | $220 |
| 25th Percentile | $351,061 | $29,255 | $6,751 | $169 |
An entry-level Chief Financial Officer with under 1 year experience makes about $387,695. With less than 2 years of experience, a mid-level Chief Financial Officer makes around $397,655. After 2-4 years, the Chief Financial Officer pay rises to about $410,935. Those senior Chief Financial Officer with 5-8 years of experience earn roughly $430,855, and those Chief Financial Officer having 8 years or more experience are expected to earn about $455,755 on average.
| Levels | Salary |
|---|---|
| Entry Level Chief Financial Officer | $387,695 |
| Intermediate Level Chief Financial Officer | $397,655 |
| Senior Level Chief Financial Officer | $410,935 |
| Specialist Level Chief Financial Officer | $430,855 |
| Expert Level Chief Financial Officer | $455,755 |
| Entry Level | 15% |
| Mid Level | 13% |
| Senior Level | 10% |
| Top Level | 6% |
| Experienced | 0% |
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Chief Financial Officer salary varies from city to city. Compared with national average salary of Chief Financial Officer, the highest Chief Financial Officer salary is in San Francisco, CA, where the Chief Financial Officer salary is 25.0% above. The lowest Chief Financial Officer salary is in Miami, FL, where the Chief Financial Officer salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $572,356 |
25.0%
|
| Washington, DC | $509,626 |
11.3%
|
| Miami, FL | $441,859 |
|
| Chicago, IL | $480,321 |
4.9%
|
| Boston, MA | $513,289 |
12.1%
|
| New York, NY | $534,809 |
16.8%
|
