SalaryFact logosalaryfact.comData: BLS OEWS 2024

Illinois Salary Percentile
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Illinois has a flat income tax of 4.95% and a diverse economy spanning finance, manufacturing, healthcare, and technology. Chicago anchors the state economy, with wages in the metro area well above rural downstate Illinois.

Enter your gross annual salary (pre-tax). Hourly workers: multiply hourly rate by 2,080.

Illinois salary percentiles — 2024

PercentileIllinoisNational
10th$16K$15K
25th$27K$26K
50th (median)median$62K$59K
75th$102K$97K
90th$152K$145K
95th$210K$200K
99th$368K$350K

State figures derived from BLS OEWS 2024 state median. National figures from BLS national percentile data.

Key insight

Illinois has a flat 4.95% state income tax. Chicago's median wage is roughly 20% above the state median of $62K, reflecting the economic concentration in the metro area.

Illinois salary — frequently asked questions

What is the median salary in Illinois?

The median annual salary in Illinois is approximately $62K based on 2024 BLS data. Chicago dominates the state economy, and its higher wages lift the state median well above downstate Illinois, where wages align more closely with Midwest averages.

What is considered a good salary in Chicago?

In Chicago, $75,000-$85,000 is considered a comfortable single salary. Chicago's cost of living is lower than New York or San Francisco but higher than most Midwest cities. Housing costs are the primary differentiator — downtown Chicago is expensive, while suburbs and neighborhoods further from the loop offer more value.

How does Illinois compare to other Midwest states for salaries?

Illinois has the highest median salary of the major Midwest states, driven by Chicago's finance, tech, and healthcare sectors. Minnesota ($64,000 median) and Ohio ($54,000 median) are common comparisons. Illinois wages are competitive nationally but the combination of state income tax and cost of living in Chicago reduces effective purchasing power.

What are the highest-paying industries in Illinois?

Finance and insurance (particularly commodities trading on the CME), healthcare, technology, and manufacturing are the top-paying industries in Illinois. The Chicago Board of Trade and Chicago Mercantile Exchange create high concentrations of finance workers earning $100,000-$500,000+. Tech salaries in Chicago have also grown rapidly over the past decade.

Salary percentiles by state