Illinois Development Finance Authority Salary

How much does the Illinois Development Finance Authority Pay for employees?

As of August 2026, the average hourly salary for employees at Illinois Development Finance Authority in the United States is $46. This translates to an approximate annual wage of $96,335. Salaries at Illinois Development Finance Authority typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company. Illinois Development Finance Authority’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Illinois Development Finance Authority

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Is Illinois Development Finance Authority’s Pay Competitive? Salary Benchmarking Analysis

How does Illinois Development Finance Authority’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Illinois Development Finance Authority
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Autopay LLC
Verizon Americas Finance
Industry Comparison
Our data shows that, on average, compensation at Illinois Development Finance Authority is below the average for the U.S. Financial Services industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Illinois Development Finance Authority average annual salary with several similar companies. Illinois Development Finance Authority average salary of $96,335 is lower than Autopay LLC, which has an average salary of $102,189. It is lower than Verizon Americas Finance, with their average salary at $105,374. This places Illinois Development Finance Authority in a developing position among its peers.
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Employee Reviews: Working at Illinois Development Finance Authority

Considering a career at Illinois Development Finance Authority? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Leadership encourages creative problem-solving and regularly implements employee suggestions for process improvements. Communication is strong, and teamwork is emphasized. Leadership knows employees by name. Communication is formal and usually through official channels.
Competitive salaries and comprehensive benefits enhance overall job satisfaction. Volunteer PTO allows meaningful community engagement. We’re trusted to manage our time, and the flexibility helps balance personal and professional demands. This company offers outstanding opportunities for professional growth. It’s a culture that truly promotes growth and collaborative problem-solving, benefiting bo...
Proud to contribute to innovation. The environment is demanding but fair. Employees are given meaningful responsibilities, fostering professional growth.
Job offers stability over excitement. Job roles are clearly defined, but cross-training is rare. I’ve grown my network and capabilities significantly since joining this financial services team. I genuinely appreciate the investment in continuous learning and professional development opportunities provided. Flexible scheduling options and a reasonable workload allow me to excel professionally while...
Leadership promotes open communication and recognizes achievements regularly. Feedback loops ensure messages are understood. The company invests in training and development, allowing me to constantly expand my financial services knowledge.

Illinois Development Finance Authority Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
150 E Pleasant Hill Rd Carbondale Illinois IL 62903
Revenue
$50 Million - $200 Million
Phone Number
+1 6184535566
Social Media
About Illinois Development Finance Authority
Illinois Development Finance Authority is a company that operates in the Financial Services industry. It employs 101-250 people and has $100M-$250M of revenue. The company is headquartered in Carbondale, Illinois.

What Benefits Does Illinois Development Finance Authority Offer Beyond Salary?

A competitive compensation package is more than just a salary. Illinois Development Finance Authority offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Illinois Development Finance Authority.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Illinois Development Finance Authority, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Illinois Development Finance Authority salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Illinois Development Finance Authority

1. How much does Illinois Development Finance Authority in the United States pay?

Illinois Development Finance Authority pays its employees an average of $46 per hour. The average salary at Illinois Development Finance Authority range from $41 to $53 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Illinois Development Finance Authority employees get a higher salary than its peer company?

The salary at Illinois Development Finance Authority is lesser than its peer company. The average annual salary at Illinois Development Finance Authority is $96,335, or an hourly wage of $46, in comparison to Autopay LLC which pays $102,189 per year or $49 per hour.

3. How much does salary increase with years of experience at Illinois Development Finance Authority?

Salary progression with years of experience at Illinois Development Finance Authority is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Illinois Development Finance Authority vary by office location?

Yes, it's very likely that salaries at Illinois Development Finance Authority vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

5. Does Illinois Development Finance Authority offer good benefits?

Illinois Development Finance Authority typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Illinois Development Finance Authority" section on this page.