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As of August 01, 2026, the average salary for a Financial Software Engineer in Illinois is $121,846 per year, which breaks down to an hourly rate of $59.
However, a Financial Software Engineer's salary can vary significantly. Here’s a look at the typical salary range:
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Financial Software Engineer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $129,045 | $10,754 | $2,482 | $62 |
| Average | $121,846 | $10,154 | $2,343 | $59 |
| 25th Percentile | $111,050 | $9,254 | $2,136 | $53 |
TradeJobsWorkForce - Cypress, IL
Kranze Technology Solutions, Inc - Des Plaines, IL
Vivid Seats - Chicago, IL
Until - Mundelein, IL
A Financial Software Engineer'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.
Experience is a primary driver of a Financial Software Engineer'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:
| Levels | Salary |
|---|---|
| CAD Draft... Level Financial Software Engineer | $78,350 |
| CAD Draft... Level Financial Software Engineer | $94,864 |
| Financial... Level Financial Software Engineer | $122,596 |
| CAD Draft... Level Financial Software Engineer | $143,642 |
| CAD Super... Level Financial Software Engineer | $97,607 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Software Engineers. For example, consider the average annual salaries in these key locations:
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:
For Financial Software Engineer roles, the industry you choose can affect earning potential by as much as 85% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Internet sectors offer the strongest compensation, at 30% above the average. In contrast, Financial Software Engineer positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Financial Software Engineer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $158,400 | $76.0 | 30% |
| Internet | $152,308 | $73.0 | 25% |
| Aerospace & Defense | $147,434 | $71.0 | 21% |
| Energy & Utilities | $146,215 | $70.0 | 20% |
| Telecom | $143,778 | $69.0 | 18% |
Understanding how a Financial Software Engineer'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $129,045 | $10,754 | $2,482 | $62 |
| Average | $121,846 | $10,154 | $2,343 | $59 |
| 25th Percentile | $111,050 | $9,254 | $2,136 | $53 |
Ready to take the next step in your career? Browse thousands of current Financial Software Engineer job openings on our job board. Use the search bar below to find your perfect match.
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