Entry-level Risk Analyst salary in Chicago, IL

Based on 23 certified H-1B filings at DOL wage level I in the Chicago-Naperville-Elgin, IL-IN metro area, FY2025–FY2026. Includes Schaumburg, Naperville, Aurora, Chicaco, Deerfield.

Also listed as: Financial Risk Specialist

Median salary$80,000
Middle 50%$69.5k–$85.7k
vs. all levels here−38%comparison median $130,000
Filings23FY2025–FY2026 · latest two fiscal years

Salary range

Box: middle 50% of filings. Whiskers: 10th–90th percentile. 99% of filings are between $56,222 and $122,601.
PercentileSalary
10th$64,717
25th$69,450
50th (median)$80,000
75th$85,660
90th$91,595

Cost of living

Chicago's median entry-level Risk Analyst salary of $80,000 is worth about $77,200 at national average prices.

Source: BEA Regional Price Parities, 2024 (U.S. = 100; Chicago = 103.6).

Compared with all workers here

All Financial Risk Specialists in the Chicago, IL area earned a median of $105,370 in May 2025 (2,360 employed). The H-1B median here is $80,000, 24% lower.

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

EmployerMedianFilings
EYtoo few6
Goldman Sachstoo few4
DePaul Universitytoo few2
Federal Home Loan Bank Chicagotoo few2

Employers with at least 2 filings here. Median shown at 10+ filings.

By experience level

Wage levelMedianFilings
Entry-level · Level I $80,000 23
Mid-level · Level II $111,600 61
Senior · Level III $142,605 28
Expert · Level IV $155,000 33

Median shown when a level has at least 10 filings.

Minimum H-1B salary by level

Wage levelPrevailing wage (most common)Median offered salaryFilings
Entry-level · Level I$64,584$80,00023
Mid-level · Level II$89,710$111,60061
Senior · Level III$113,942$142,60528
Expert · Level IV$138,632$155,00033

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.