FinanceOfficial Payroll Survey · 99/1003–5 years
Mid Level Quantitative Analyst Salary in Chicago
2026 · Mid-career professionals with 3–5 years of experience at median market pay.
$194,780/yr
Typical range: $153,059 – $284,549
P25–P50 · BLS OEWS employer payroll data
Quantitative Analyst salary by experience level in Chicago
Quantitative Analyst Salary Progression in Chicago
From entry-level through staff — based on BLS OEWS percentile data
| Experience Level | Years | Percentile | Annual Salary | Monthly | vs Entry |
|---|---|---|---|---|---|
| Entry | 0 yrs | 0 yrs | $129,390 | $10,783 | — |
| Junior | 2 yrs | 2 yrs | $166,954 | $13,913 | +29% |
| Mid-LevelThis page | 4 yrs | 4 yrs | $194,780 | $16,232 | +51% |
| Senior | 6 yrs | 6 yrs | $234,571 | $19,548 | +81% |
| Staff | 10 yrs | 10 yrs | $338,083 | $28,174 | +161% |
| Principal | 14 yrs | 14 yrs | $459,959 | $38,330 | +255% |
| Distinguished | 18 yrs | 18 yrs | $490,429 | $40,869 | +279% |
Current Salary
$194,780
Mid Level · 3–5 years
Hourly: $94/hr
Next Level Target
$234,571
Senior · 6
+$40Kpotential uplift
Career Opportunity
51/100
Moderate
+18% demand · Moderate AI risk
Frequently Asked Questions
What is the mid level Quantitative Analyst salary in Chicago, IL?
Mid Level Quantitative Analysts in Chicago, IL earn approximately $195K per year (2026). This corresponds to the P25–P50 range of BLS OEWS employer payroll data.
How much does a mid level Quantitative Analyst make per hour in Chicago, IL?
Based on $195K annually, the hourly rate is approximately $94/hr (2,080-hour work year).
How do I get from mid level to senior Quantitative Analyst in Chicago, IL?
The typical progression takes 2–4 years with consistent skill development, project leadership, and strategic job moves. A senior Quantitative Analyst in Chicago, IL earns $285K–$376K/yr.