FinanceOfficial Payroll Survey · 99/1000–2 years

Entry Level Quantitative Analyst Salary in Chicago

2026 · Recent graduates and professionals with under 2 years of experience.

$129,390/yr

Typical range: $115,717 $153,059

P10–P25 · BLS OEWS employer payroll data

Quantitative Analyst Salary Progression in Chicago

From entry-level through staff — based on BLS OEWS percentile data

Experience LevelYearsPercentileAnnual SalaryMonthlyvs Entry
EntryThis page0 yrs0 yrs$129,390$10,783
Junior2 yrs2 yrs$166,954$13,913+29%
Mid-Level4 yrs4 yrs$194,780$16,232+51%
Senior6 yrs6 yrs$234,571$19,548+81%
Staff10 yrs10 yrs$338,083$28,174+161%
Principal14 yrs14 yrs$459,959$38,330+255%
Distinguished18 yrs18 yrs$490,429$40,869+279%
Current Salary
$129,390
Entry Level · 0–2 years
Hourly: $62/hr
Next Level Target
$166,954
Junior · 2
+$38Kpotential uplift
Career Opportunity
51/100
Moderate
+18% demand · Moderate AI risk

Frequently Asked Questions

What is the entry level Quantitative Analyst salary in Chicago, IL?

Entry Level Quantitative Analysts in Chicago, IL earn approximately $129K per year (2026). This corresponds to the P10–P25 range of BLS OEWS employer payroll data.

How much does a entry level Quantitative Analyst make per hour in Chicago, IL?

Based on $129K annually, the hourly rate is approximately $62/hr (2,080-hour work year).

How do I get from entry level to senior Quantitative Analyst in Chicago, IL?

The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Quantitative Analyst in Chicago, IL earns $285K–$376K/yr.