How Much Does a Financial Data Scientist Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Financial Data Scientist in Illinois is $124,412. While Salary.com is seeing that Financial Data Scientist salary in IL can go up to $156,665 or down to $93,230, but most earn between $108,090 and $141,294. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $108,090 10% $93,230 90% $156,665 75% $141,294 $124,412 50%(Median)
Related Job Titles to Financial Data Scientist
Data Scientist
$125,852
Illinois
Per Year
Data Scientist I
$75,289
Illinois
Per Year
Data Scientist III
$117,160
Illinois
Per Year
Data Scientist IV
$134,220
Illinois
Per Year
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Similar Job Salaries to Financial Data Scientist by Company

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Company average base salary in (usd) range
Chelsoft Solutions Co
Data Scientist financial markets fixed income securities ONSITE
$103,540/yr
$93,333
$113,748
RANGE: $93,333 - $113,748
Jobleads-US
Data Scientist
$99,242/yr
$89,458
$109,026
RANGE: $89,458 - $109,026
Aloden, Inc.
Data Scientist
$63,545/yr
$55,658
$71,432
RANGE: $55,658 - $71,432
Hanchey
Data Scientist
$103,540/yr
$93,333
$113,748
RANGE: $93,333 - $113,748
Deloitte
Data Scientist
$103,540/yr
$93,333
$113,748
RANGE: $93,333 - $113,748
Keller Executive Search
Data Scientist
$95,174/yr
$85,080
$105,268
RANGE: $85,080 - $105,268
Serco North America
Data Scientist
$90,110/yr
$80,912
$99,309
RANGE: $80,912 - $99,309
Ovative Group
Data Scientist
$103,540/yr
$93,333
$113,748
RANGE: $93,333 - $113,748
SDG Group USA
Data Scientist
$103,540/yr
$93,333
$113,748
RANGE: $93,333 - $113,748
The University Of Chicago
Data Scientist
$103,540/yr
$93,333
$113,748
RANGE: $93,333 - $113,748

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Top 10 Highest Paying Cities For Financial Data Scientist Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Financial Data Scientist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Financial Data Scientist job salaries in Illinois. Some cities can pay higher salaries for Financial Data Scientist jobs, which can indicate that there is a large demand for Financial Data Scientist positions in this city.
The following table shows top 10 cities where the Financial Data Scientist salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Financial Data Scientist salary is $126,133 in Chicago, which is higher than the national average. There are 20 cities' Financial Data Scientist salary higher than national average in Illinois.
The average salary for a Financial Data Scientist in Illinois is $124,412, but we found that the city with the highest salary for Financial Data Scientist jobs is Chicago, IL, and it is higher than Cicero. Financial Data Scientist jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $126,133 $10,511 $2,426 $61
Cicero $126,133 $10,511 $2,426 $61
Oak Park $126,133 $10,511 $2,426 $61
Evanston $126,084 $10,507 $2,425 $61
Skokie $126,084 $10,507 $2,425 $61
Oak Lawn $125,986 $10,499 $2,423 $61
Des Plaines $125,791 $10,483 $2,419 $60
Mount Prospect $125,693 $10,474 $2,417 $60
Aurora $125,156 $10,430 $2,407 $60
Hoffman Estates $125,047 $10,421 $2,405 $60

What Does a Financial Data Scientist Do?

Day-to-day, financial institutions rely on data scientists to perform core functions such as fraud detection, risk modeling, and identifying ways to improve the customer experience.
Updated December 13, 2021
Whether it’s fraud detection, risk monitoring, or helping banks navigate a recession, data scientists play a valuable role in the finance industry and can steer organizations away from financial catastrophes toward financial opportunities.
Updated November 13, 2021
But the stakes for data scientists can often be higher in the finance industry than it is in others, with companies relying on the findings of their analytics teams to make important decisions.
Updated October 26, 2021
The combination of econometrics, data science, finance knowledge, and financial markets creates a long list of domains involved; these are the highlights:.
Updated December 22, 2021
Now we broadly understand how data science in the finance sector emerged (and why it’s so important), what are the day-to-day responsibilities of a financial data scientist? In reality, these can be extremely broad.
Updated December 21, 2021

Frequently Asked Questions About a Financial Data Scientist Salaries

What is the average of a Financial Data Scientist in Illinois?

The Financial Data Scientist salary range is from $108,090 to $141,294, and the average Financial Data Scientist salary is $124,412/year in Illinois. The Financial Data Scientist's salary will change in different locations.

Which location pays the highest Financial Data Scientist salary in the United States?

The Financial Data Scientist salary in San Jose, CA is $153,950 which is the highest in the US.

What kinds of reasons will influence the Financial Data Scientist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Financial Data Scientist.

What is the growth rate of the Financial Data Scientist's salary?

If you are thinking of becoming a Financial Data Scientist or planning the next step in your career, find the detailed salary report of a Financial Data Scientist.