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Risk Analyst Salary in Illinois

Explore risk analyst salaries in Illinois including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in IL
$96,453
Monthly: $8,038
Biweekly: $3,710
Entry Level
$56,995
Monthly: $4,750
Biweekly: $2,192
Senior Level
$131,527
Monthly: $10,961
Biweekly: $5,059
Job Growth
18%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$56,995$96,453$131,527
Monthly$4,750$8,038$10,961
Biweekly$2,192$3,710$5,059
Weekly$1,096$1,855$2,529
Hourly$27$46$63

IL vs National Comparison

National Median
$91,860
IL Median
$96,453
Difference
+$4,593
Multiplier
1.05x
National
IL

About This Career

Identify and analyze potential business risks and mitigation strategies.

Education

Bachelor's degree in Finance, Risk Management, or related field

Key Skills

Risk AssessmentData AnalysisStatistical AnalysisProblem Solving

Compare States

See how Illinois compares to other states for risk analyst 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 Risk Analyst in Illinois

Dig into every angle of a risk analyst salary ($96,453 median) in Illinois — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $96,453 in Illinois

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

What you can afford on $96,453 in Illinois

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

Tax brackets on $96,453 in Illinois

Exactly which federal and state brackets your salary crosses.

$400,000 mortgage in Illinois

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

Retirement at 30 earning $100,000

Savings benchmarks and projections for your income level.

Risk Analyst salary in Chicago

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

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Frequently Asked Questions

What is the median risk analyst salary in Illinois?

The median risk analyst salary in Illinois is $96,453, compared to a national median of $91,860.

What is the entry-level risk analyst salary in Illinois?

Entry-level risk analyst positions in Illinois typically pay around $56,995 annually.

What is the senior risk analyst salary in Illinois?

Senior risk analyst professionals in Illinois earn around $131,527 annually.

What is the job growth outlook for risk analyst?

The projected 10-year job growth outlook for risk analyst positions is 18%, which indicates strong demand in this field.

What education is needed to become a risk analyst?

Bachelor's degree in Finance, Risk Management, or related field

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