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Financial Managers Employment & Job Outlook in Illinois (2025)

Last updated: 2025 BLS data · Page refreshed:

Illinois employs 52,720 Financial Managers professionals, above the national average concentration.

Data: BLS OEWS 2025 • Illinois employment outlook • Updated 2026-05-19

Total Employed
52,720
professionals
Jobs per 1,000
52.72
workers
Location Quotient
3.19
vs national avg
Average Salary
$183K
annual

High Demand in Illinois

The location quotient (LQ) of 3.19 indicates that Illinois has a higher-than-average concentration of Financial Managers professionals. This means the job is in high demand relative to other states, suggesting strong local job market opportunities.

Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.

Illinois vs National Average

Total Employed
52,720
National: 841,710
6.3% of national
Jobs per 1,000
52.72
National: 16.5
+219.5%
Average Salary
$183K
National: $168K
+9.0%

Top States by Financial Managers Employment

#1
93,310
93,310
employed
#2
80,810
80,810
employed
#3
71,870
71,870
employed
#4
52,720
52,720
employed
#5
48,910
48,910
employed
#6
32,510
32,510
employed
#7
32,180
32,180
employed
#8
27,360
27,360
employed
#9
26,150
26,150
employed
#10
22,490
22,490
employed

What Does a Financial Managers Earn in Illinois?

The average annual salary for a Financial Managers in Illinois is $183,920. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.

View full salary breakdown →

Frequently Asked Questions

How many Financial Managers jobs are there in Illinois?

Illinois employs approximately 52,720 Financial Managers professionals (2025 BLS data). This ranks Illinois among the top states nationwide.

Is Financial Managers in demand in Illinois?

Yes — Illinois has above-average concentration of Financial Managers jobs (LQ: 3.19). A Location Quotient above 1.0 indicates higher-than-average demand.

What is the average salary for Financial Managers in Illinois?

The average (mean) salary for Financial Managers in Illinois is $183920/year. See our detailed salary page for percentile breakdowns.

What is a Location Quotient (LQ)?

Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.

Which states employ the most Financial Managers professionals?

The top state for Financial Managers employment is California with 93,310 jobs.

Find Your Next Opportunity

Related Pages

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Top Colleges in Illinois

Compare tuition, admissions, and graduate outcomes at Illinois's leading institutions.

Financial Managers Employment in Other States

Compare Financial Managers labor-market data (jobs, location quotient, salary) across the top-employing states.

All Financial Managers & Illinois Resources

Drill deeper into Financial Managers pay, hiring, and education data for Illinois.

Data Source

Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2025. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Financial Managers (SOC 113031) in Illinois.

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