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Chief Financial Officer (CFO) Salary in Illinois

Explore chief financial officer (cfo) salaries in Illinois including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in IL
$161,826
Monthly: $13,486
Biweekly: $6,224
Entry Level
$99,077
Monthly: $8,256
Biweekly: $3,811
Senior Level
$264,205
Monthly: $22,017
Biweekly: $10,162
Job Growth
20%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$99,077$161,826$264,205
Monthly$8,256$13,486$22,017
Biweekly$3,811$6,224$10,162
Weekly$1,905$3,112$5,081
Hourly$48$78$127

IL vs National Comparison

National Median
$154,120
IL Median
$161,826
Difference
+$7,706
Multiplier
1.05x
National
IL

About This Career

Oversee financial operations and strategy for organizations.

Education

Bachelor's degree in Finance or related field; MBA and CPA common

Key Skills

Financial LeadershipStrategic PlanningFinancial ManagementBusiness Acumen

Compare States

See how Illinois compares to other states for chief financial officer (cfo) salaries:

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Compare Jobs

Compare salaries for other business & finance jobs in Illinois:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Chief Financial Officer (CFO) in Illinois

Dig into every angle of a chief financial officer (cfo) salary ($161,826 median) in Illinois — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $161,826 in Illinois

Federal, state, Social Security, and Medicare — what you keep after taxes.

What you can afford on $161,826 in Illinois

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $161,826 in Illinois

Exactly which federal and state brackets your salary crosses.

$650,000 mortgage in Illinois

Monthly payment, property tax, and total interest at typical rates.

Retirement at 30 earning $150,000

Savings benchmarks and projections for your income level.

Chief Financial Officer (CFO) salary in Chicago

Drill down to city-level salary data for Chicago, Illinois.

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Frequently Asked Questions

What is the median chief financial officer (cfo) salary in Illinois?

The median chief financial officer (cfo) salary in Illinois is $161,826, compared to a national median of $154,120.

What is the entry-level chief financial officer (cfo) salary in Illinois?

Entry-level chief financial officer (cfo) positions in Illinois typically pay around $99,077 annually.

What is the senior chief financial officer (cfo) salary in Illinois?

Senior chief financial officer (cfo) professionals in Illinois earn around $264,205 annually.

What is the job growth outlook for chief financial officer (cfo)?

The projected 10-year job growth outlook for chief financial officer (cfo) positions is 20%, which indicates strong demand in this field.

What education is needed to become a chief financial officer (cfo)?

Bachelor's degree in Finance or related field; MBA and CPA common

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