Quantitative Analyst salary in Chicago, IL
Based on 457 certified H-1B filings in the Chicago-Naperville-Elgin, IL-IN metro area, FY2025–FY2026. Includes Bellwood, Evanston, Naperville, Schaumburg, Downers Grove.
Salary range
| Percentile | Salary |
|---|---|
| 10th | $80,147 |
| 25th | $105,000 |
| 50th (median) | $140,000 |
| 75th | $175,000 |
| 90th | $200,000 |
Salary by year
Median salary
Filings per year
Show as table
| Fiscal year | Median | P25 | P75 | Filings |
|---|---|---|---|---|
| FY2020 | $97,573 | $77,626 | $124,874 | 190 |
| FY2021 | $105,000 | $76,835 | $125,500 | 223 |
| FY2022 | $125,000 | $93,500 | $150,000 | 194 |
| FY2023 | $130,000 | $100,000 | $150,000 | 190 |
| FY2024 | $130,000 | $100,000 | $150,750 | 182 |
| FY2025 | $135,845 | $103,600 | $175,000 | 223 |
| FY2026 | $140,000 | $106,029 | $179,875 | 234 |
Cost of living
Chicago's median Quantitative Analyst salary of $140,000 is worth about $135,100 at national average prices.
Source: BEA Regional Price Parities, 2024 (U.S. = 100; Chicago = 103.6).
Compared with all workers here
All Financial Quantitative Analysts in the Chicago, IL area earned a median of $81,740 in May 2025 (4,630 employed). The H-1B median here is $140,000, 71% higher.
Source: U.S. Bureau of Labor Statistics, OEWS metropolitan area estimates. BLS wages include some incentive pay; H-1B figures are base salary.
Top employers filing
| Employer | Median | Filings |
|---|---|---|
| IMC Americas | $250,000 | 45 |
| Radix Trading | $180,000 | 29 |
| Akuna Capital | $155,000 | 16 |
| CTC Trading Group | $200,000 | 15 |
| Sunrise Futures | $145,000 | 15 |
| The Options Clearing | $124,446 | 15 |
| Bank of America | $140,000 | 14 |
| Optiver Services | $150,000 | 13 |
| Team Belvedere | $140,000 | 13 |
| Maven Securities | $130,000 | 12 |
Employers with at least 2 filings here. Median shown at 10+ filings.
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | $130,000 | 147 |
| Mid-level · Level II | $134,000 | 155 |
| Senior · Level III | $132,500 | 80 |
| Expert · Level IV | $150,000 | 75 |
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 | $54,683 | $130,000 | 147 |
| Mid-level · Level II | $77,938 | $134,000 | 155 |
| Senior · Level III | $109,574 | $132,500 | 80 |
| Expert · Level IV | $124,446 | $150,000 | 75 |
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.