Business Analyst Salary in Chicago, IL

IQ Team
Written by IQ Team
IQ Team
Published March 24, 2022
Estimated reading time: 7 minutes
Table of contents

$79,833

Average Base Salary

$85,359

Average Total Compensation

Min: $56K
Max: $116K
Base Salary
Median: $75K
Mean (Average): $80K
Data points: 1,963
Min: $3K
Max: $155K
Total Compensation
Median: $95K
Mean (Average): $85K
Data points: 59
The average base salary for a Business Analyst in Chicago, IL is $79,833
based on 1,963 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $83,714.

The estimated average total compensation is $85,359
based on 59 data points.
The average recency weighted total compensation is $83,915.

Normalized Business Analyst Salaries in Chicago, IL


Average total compensation
0% - Low
15%85%
Cost of living
0% - Low
15%85%
Years of experience
0% - Low
15%85%

The average base salary for Business Analyst in Chicago, IL is in the top 79% compared to all other cities salaries.

The average base salary for Business Analyst in Chicago, IL is $79,833 while the average Business Analyst base salary is $80,835.

If we normalize the salaries in Chicago, IL by the cost of living, then the average base salary for Business Analyst in Chicago, IL is in the top 32% compared to all other cities.

If we normalize the salaries in Chicago, IL by the years of experience, then the average base salary for Business Analyst in Chicago, IL is in the top 64% compared to all other cities.

Business Analyst Salary in Chicago, IL by Seniority Levels

Manager
$62K
$127K
Manager
Median: $101K
Mean (Average): $100K
Data points: 44
Senior
$66K
$138K
Senior
Median: $92K
Mean (Average): $95K
Data points: 410
Mid-Level
$68K
$107K
Mid-Level
Median: $73K
Mean (Average): $79K
Data points: 167
Entry Level
$55K
$87K
Entry Level
Median: $79K
Mean (Average): $72K
Data points: 12
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Seniority can increase the pay of a Business Analyst in Chicago, IL. Here are the base salaries of a Business Analyst in Chicago, IL grouped into 4 seniority categories.

Business Analyst Salary in Chicago, IL Compared to other Positions

Product Manager
$90K
$200K
Product Manager
Median: $135K
Mean (Average): $145K
Data points: 109
Machine Learning Engineer
$71K
$211K
Machine Learning Engineer
Median: $120K
Mean (Average): $128K
Data points: 46
Software Engineer
$61K
$175K
Software Engineer
Median: $95K
Mean (Average): $105K
Data points: 6,005
Data Scientist
$60K
$147K
Data Scientist
Median: $95K
Mean (Average): $99K
Data points: 963
Data Engineer
$68K
$140K
Data Engineer
Median: $90K
Mean (Average): $97K
Data points: 1,143
Data Analyst
$50K
$150K
Data Analyst
Median: $76K
Mean (Average): $85K
Data points: 1,633
Research Scientist
$44K
$150K
Research Scientist
Median: $80K
Mean (Average): $85K
Data points: 135
Business Intelligence
$55K
$125K
Business Intelligence
Median: $79K
Mean (Average): $84K
Data points: 337
Business Analyst
$56K
$116K
Business Analyst
Median: $75K
Mean (Average): $80K
Data points: 1,963
Growth Marketing Analyst
$50K
$135K
Growth Marketing Analyst
Median: $60K
Mean (Average): $70K
Data points: 68
Product Analyst
$55K
$85K
Product Analyst
Median: $68K
Mean (Average): $70K
Data points: 33
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Product Manager role pays the most with a $144,853 base salary while the Product Analyst role on average pays the least with a $69,798 base salary.

Business Analyst Salary in Chicago, IL Compared to other Cities

Zurich, Switzerland
$107K
$156K
Zurich, Switzerland
Median: $140K
Mean (Average): $135K
Data points: 5
Sydney, Australia
$66K
$144K
Sydney, Australia
Median: $118K
Mean (Average): $111K
Data points: 6
San Francisco, CA
$61K
$150K
San Francisco, CA
Median: $95K
Mean (Average): $98K
Data points: 4,124
Memphis, TN
$57K
$160K
Memphis, TN
Median: $78K
Mean (Average): $94K
Data points: 169
Seattle, WA
$60K
$131K
Seattle, WA
Median: $89K
Mean (Average): $91K
Data points: 1,953
Anchorage, AK
$67K
$116K
Anchorage, AK
Median: $82K
Mean (Average): $86K
Data points: 9
Fort Wayne, IN
$58K
$102K
Fort Wayne, IN
Median: $64K
Mean (Average): $86K
Data points: 30
New York, NY
$56K
$132K
New York, NY
Median: $82K
Mean (Average): $85K
Data points: 6,519
Portland, OR
$55K
$116K
Portland, OR
Median: $83K
Mean (Average): $84K
Data points: 161
Washington, DC
$61K
$120K
Washington, DC
Median: $80K
Mean (Average): $83K
Data points: 2,744
San Diego, CA
$57K
$127K
San Diego, CA
Median: $78K
Mean (Average): $83K
Data points: 314
Tulsa, OK
$53K
$140K
Tulsa, OK
Median: $77K
Mean (Average): $83K
Data points: 54
Baltimore, MD
$60K
$117K
Baltimore, MD
Median: $80K
Mean (Average): $82K
Data points: 351
Boston, MA
$57K
$120K
Boston, MA
Median: $79K
Mean (Average): $82K
Data points: 1,888
Chicago, IL
$56K
$116K
Chicago, IL
Median: $75K
Mean (Average): $80K
Data points: 1,963
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1
...

The Business Analyst salary in Taipei, Taiwan is the highest paying salary with a $840,000 average base salary. The Business Analyst salary in Blacksburg, VA is the lowest paying salary with $40,830 average base salary.

Top Companies for Business Analyst Salaries in Chicago, IL

Synechron
$82K
$160K
Synechron
Median: $150K
Mean (Average): $137K
Data points: 5
Teksystems
$110K
$119K
Teksystems
Median: $116K
Mean (Average): $115K
Data points: 5
Hsbc
$80K
$120K
Hsbc
Median: $112K
Mean (Average): $106K
Data points: 8
Discover
$62K
$160K
Discover
Median: $86K
Mean (Average): $102K
Data points: 30
Thoughtworks
$66K
$147K
Thoughtworks
Median: $88K
Mean (Average): $99K
Data points: 29
Groupon
$60K
$127K
Groupon
Median: $104K
Mean (Average): $97K
Data points: 17
Capital One
$79K
$147K
Capital One
Median: $86K
Mean (Average): $94K
Data points: 25
Jpmorgan Chase & Co.
$89K
$103K
Jpmorgan Chase & Co.
Median: $92K
Mean (Average): $94K
Data points: 6
Mckinsey & Company
$85K
$120K
Mckinsey & Company
Median: $88K
Mean (Average): $93K
Data points: 12
Wolters Kluwer
$76K
$102K
Wolters Kluwer
Median: $97K
Mean (Average): $92K
Data points: 6
Motorola
$72K
$106K
Motorola
Median: $96K
Mean (Average): $91K
Data points: 6
Accenture
$69K
$107K
Accenture
Median: $81K
Mean (Average): $87K
Data points: 65
Here
$76K
$95K
Here
Median: $87K
Mean (Average): $86K
Data points: 5
Uber
$73K
$111K
Uber
Median: $77K
Mean (Average): $85K
Data points: 7
Microexcel inc
$66K
$100K
Microexcel inc
Median: $85K
Mean (Average): $84K
Data points: 11
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1
...

The Business Analyst at Intellect Design Arena Ltd salary is the highest paying salary with a $306,543 average base salary. The Business Analyst at Amensys inc salary is the lowest paying salary with $54,000 average base salary.
Position salary guides
Business Intelligence Salary in Chicago, ILData Analyst Salary in Chicago, ILData Engineer Salary in Chicago, ILData Scientist Salary in Chicago, ILGrowth Marketing Analyst Salary in Chicago, ILMachine Learning Engineer Salary in Chicago, ILProduct Analyst Salary in Chicago, ILProduct Manager Salary in Chicago, ILResearch Scientist Salary in Chicago, ILSoftware Engineer Salary in Chicago, IL