Mid-level Business Professor salary in Chicago, IL
Based on 10 certified H-1B filings at DOL wage level II in the Chicago-Naperville-Elgin, IL-IN metro area, FY2025–FY2026. Includes Evanston, Romeoville, Hammond, River Forest, University Park.
Also listed as: Assistant Professor of Finance, Assistant Professor of Marketing
Salary range
| Percentile | Salary |
|---|---|
| 10th | $92,015 |
| 25th | $98,492 |
| 50th (median) | $118,950 |
| 75th | $167,500 |
| 90th | $175,000 |
Cost of living
Chicago's median mid-level Business Professor salary of $118,950 is worth about $114,800 at national average prices.
Source: BEA Regional Price Parities, 2024 (U.S. = 100; Chicago = 103.6).
Compared with all workers here
All Business Teachers, Postsecondary in the Chicago, IL area earned a median of $93,670 in May 2025 (2,450 employed). The H-1B median here is $118,950, 27% higher.
Source: U.S. Bureau of Labor Statistics, OEWS metropolitan area estimates. BLS wages include some incentive pay; H-1B figures are base salary.
Employers filing at this level
| Employer | Median | Filings |
|---|---|---|
| Illinois Institute of Technology | too few | 4 |
| Dominican University | too few | 2 |
Employers with at least 2 filings here. Median shown at 10+ filings.
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | $222,793 | 28 |
| Mid-level · Level II | $118,950 | 10 |
| Senior · Level III | too few | 2 |
| Expert · Level IV | too few | 2 |
Median shown when a level has at least 10 filings.
Minimum H-1B salary by level
| Wage level | Prevailing wage (most common) | Median offered salary | Filings |
|---|---|---|---|
| Entry-level · Level I | $43,780 | $222,793 | 28 |
| Mid-level · Level II | $73,063 | $118,950 | 10 |
The prevailing wage is the minimum an employer must pay for this job and area. Amounts vary by county within a metro and by wage source.