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As of August 01, 2026, the average salary for a Forecasting Analyst in Illinois is $98,561 per year, which breaks down to an hourly rate of $47.
However, a Forecasting Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Forecasting Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $110,220 | $9,185 | $2,120 | $53 |
| Average | $98,561 | $8,213 | $1,895 | $47 |
| 25th Percentile | $86,397 | $7,200 | $1,661 | $42 |
USAA - TAMPA, FL
USAA - SAN ANTONIO, TX
USAA - COLORADO SPRINGS, CO
Healthcentric Advisors - WARWICK, RI
A Forecasting Analyst'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.
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 Forecasting Analysts. 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 Forecasting Analyst roles, the industry you choose can affect earning potential by as much as 61% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 28% above the average. In contrast, Forecasting Analyst positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Forecasting Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $126,158 | $61.0 | 28% |
| Financial Services | $118,273 | $57.0 | 20% |
| Energy & Utilities | $113,345 | $54.0 | 15% |
| Aerospace & Defense | $108,417 | $52.0 | 10% |
| Insurance | $108,417 | $52.0 | 10% |
Understanding how a Forecasting Analyst'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 | $110,220 | $9,185 | $2,120 | $53 |
| Average | $98,561 | $8,213 | $1,895 | $47 |
| 25th Percentile | $86,397 | $7,200 | $1,661 | $42 |
Ready to take the next step in your career? Browse thousands of current Forecasting Analyst job openings on our job board. Use the search bar below to find your perfect match.
Elite Talent Consulting Corp.
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Elite Talent Consulting Corp. | SCOTTSDALE, AZ
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Recruit Marks
SCOTTSDALE, AZ
Recruit Marks | SCOTTSDALE, AZ
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Jobsultant Solutions
DUNCAN, SC
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We are looking for the right people people who want to innovate, achieve, grow and lead. We attract and retain the best talent by investing in our employee... more
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The Tactical Edge LLC
MARYLAND, MD
The Tactical Edge LLC | MARYLAND, MD
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University of Maryland
MARYLAND, MD
University of Maryland | MARYLAND, MD
Physical Demands The majority of work is computer-based and is non-labor intensive. Minimum Qualifications The analyst must hold a master’s or doctoral deg... more
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