As of March 01, 2025, the average annual salary for an Innovation Analyst V in Chicago, IL is $168,615. Salary.com reports that pay typically ranges from $160,535 to $174,493, with most professionals earning between $153,178 and $179,844.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $166,342 | $13,862 | $3,199 | $80 |
| Average | $160,739 | $13,395 | $3,091 | $77 |
| 25th Percentile | $153,036 | $12,753 | $2,943 | $74 |
An entry-level Innovation Analyst V with under 1 year experience makes about $165,359. With less than 2 years of experience, a mid-level Innovation Analyst V makes around $165,962. After 2-4 years, the Innovation Analyst V pay rises to about $166,203. Those senior Innovation Analyst V with 5-8 years of experience earn roughly $167,409, and those Innovation Analyst V having 8 years or more experience are expected to earn about $168,374 on average.
| Levels | Salary |
|---|---|
| Entry Level Innovation Analyst V | $165,359 |
| Intermediate Level Innovation Analyst V | $165,962 |
| Senior Level Innovation Analyst V | $166,203 |
| Specialist Level Innovation Analyst V | $167,409 |
| Expert Level Innovation Analyst V | $168,374 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 3% |
| Top Level | 4% |
| Experienced | 5% |
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