Market Data Analyst Salary in Chicago, Illinois

How much does a Market Data Analyst make in Chicago, IL?

As of March 01, 2025, the average annual salary for a Market Data Analyst in Chicago, IL is $80,769. According to Salary.com, salaries can range from a low of $66,206 to a high of $97,141, with most professionals earning between $73,146 and $89,338.

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Salary range for a Market Data Analyst

$73,146 to $89,338

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Market Data Analyst

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Job Openings for Market Data Analyst in Chicago, IL

What does a Market Data Analyst do?

Common responsibilities of a Market Data Analyst

Build dashboards of OKR (Objectives and Key Results) for major business owners/functions at different management levels, help them to identify business opportunities, gaps and any other strategic insights.

November 30, 2022

Monitor usage metrics, understanding business-based explanations for large scale trends, and patterns in customer lifecycle behavior.

December 02, 2022

Acts as information resource to other Product Surveillance team members Collaborate independently with other team members and departments needing product complaint information Conduct investigations with customers or PMS team members with minimal direction, utilizing experience and knowledge of products and various types of product complaints.

December 06, 2022

Understand regulations, policy interpretation, product mix, transformations, risk drivers, calculation logic and downstream capital processes.

January 20, 2023

Assist in the preparation of training and review sessions with senior managers to assess their business, explain each survey question and recommend artefacts which are key for improving business scores.

March 24, 2023

Manage, develop, and organize marquet knowledge and analysis (especially market potentials and specific regional needs) and monitor the evolution of these markets, both through the watch and the study of macroeconomic information, customers, prospects, potential partners and competitors.

March 25, 2023

Collaborate with Finance to validate market data invoices, ensure correct allocation and processing within Oracle system all the way through to payment.

March 28, 2023

Provides product positioning and competitive information to Sales staff and represents Product on cross-functional initiatives that utilize competitive and internal product data.

April 07, 2023

Develop and maintain scripts and queries to collect, clean, and transform data from different sources.

May 03, 2023

Support of management across risk & control framework, vendor utilization, client service, technology change management, regulatory and commercial deliverables.

May 05, 2023

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Market Data Analyst Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Market Data Analyst Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Market Data Analyst in Chicago, IL

Average Base Salary

Core compensation

73146

89338

80769

Average Total Cash Compensation

Includes base and annual incentives

75355

93429

83560

What is the average salary for Market Data Analyst in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Market Data Analyst in Chicago, IL. The base salary for Market Data Analyst ranges from $73,146 to $89,338 with the average base salary of $80,769. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $75,355 to $93,429 with the average total cash compensation of $83,560.

View Average Salary for Market Data Analyst as table

	Average Salary	Average Salary Range
Base Salary	$80,769	$73,146 - $89,338
Bonus	$2,791	$2,209 - $4,090
Total Pay	$83,560	$75,355 - $93,429

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Market Data Analyst Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $73,557 - $89,841	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $73,557 - $89,841	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $73,474 - $89,739	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $73,530 - $89,807	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $73,530 - $89,807	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $71,883 - $87,796	COMPARE TO Chicago, IL

See salaries for Market Data Analyst in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Market Data Analyst job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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