Wage Benchmark Overview
Median Annual Salary
$171,900$82.64 per hour · $14,325 monthlyRun the numbers on your own pay
Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.
Take-Home Pay Explorer
Financial Managers Wage Percentiles in Chicago-Naperville-Elgin, IL-IN
Official survey estimates from the U.S. Bureau of Labor Statistics (BLS). Full-time calculations assume standard 2,080 annual working hours.
| Earning Tier | Hourly Wage | Monthly Gross | Annual Gross | Est. Annual Net (IL) |
|---|---|---|---|---|
| 10th Percentile | $49.86/hr | $8,642 | $103,700 | $76,795 |
| 25th Percentile | $63.94/hr | $11,083 | $133,000 | $95,733 |
| Median (50th Percentile)Metro Benchmark | $82.64/hr | $14,325 | $171,900 | $120,395 |
| 75th Percentile | $108.03/hr | $18,725 | $224,700 | $155,595 |
| 90th Percentile | $156.01/hr | $27,042 | $324,500 | $214,608 |
Cost of Living & Purchasing Power in Chicago-Naperville-Elgin, IL-IN
A dollar does not buy the same basket of goods everywhere. Compare how $$171,900 measures up against local economic conditions:
Explore Related Salary & Regional Profiles
Compare financial managers salaries statewide and examine overall earnings in Illinois:
Frequently Asked Questions About Financial Managers Pay in Chicago-Naperville-Elgin, IL-IN
What is the median salary for financial managers in Chicago-Naperville-Elgin, IL-IN?
The official BLS median annual wage for financial managers in Chicago-Naperville-Elgin, IL-IN is $171,900, which equates to approximately $14,325 per month or $82.64 per hour for a 2,080-hour work year.
What is the hourly pay for financial managers in Chicago-Naperville-Elgin, IL-IN?
The median hourly wage for financial managers in Chicago-Naperville-Elgin, IL-IN is $82.64 per hour based on the BLS survey. One in ten earned less than $49.86/hour and one in ten earned more than $156.01/hour.
What is the pay range for financial managers in Chicago-Naperville-Elgin, IL-IN?
BLS wage estimates for financial managers in Chicago-Naperville-Elgin, IL-IN span from $103,700 at the 10th percentile to $133,000 at the 25th, $224,700 at the 75th, and $324,500 at the 90th. These are wage distribution points, not experience levels.
How much do financial managers take home after taxes in Chicago-Naperville-Elgin, IL-IN?
On a median gross salary of $171,900, an estimated $120,395 lands in net take-home pay per year ($4,631 biweekly) for a single filer claiming the standard deduction in Illinois in 2026. Total tax withholding equals $51,505 (an effective rate of 30%).
How much do financial managers make per month in Chicago-Naperville-Elgin, IL-IN?
On the median annual salary of $171,900, gross monthly income is $14,325. After federal, FICA, and Illinois state income taxes, estimated net take-home pay is $10,033 per month (or $4,631 every two weeks).
Is $171,900 a good salary in Chicago-Naperville-Elgin, IL-IN?
At $171,900, the median salary for financial managers is 189.1% of the Chicago-Naperville-Elgin, IL-IN median household income ($90,887). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 103.6, making regional consumer goods and services 3.6% more expensive than the U.S. average.