How to Become a Financial Examiners in Illinois
Financial Examiners in Illinois earn a median salary of $99,680/year, which is 10% above the national average. Illinois has a state income tax of ~4.9%. After taxes and rent, a financial examiners takes home approximately $4,719/month. Most positions require Bachelor's degree.
What a financial examiners can afford in Illinois
Becoming a financial examiners in Illinois
Meet education requirements
Financial Examiners positions in Illinois typically require Bachelor's degree. Programs are available at colleges and training institutions across Illinois. Research accredited programs in your area.
Gain required experience
Many financial examiners positions in Illinois require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Illinois licensure or certification
Illinois may require specific licensing or professional certification for financial examinerss. Requirements vary by state — contact the Illinois Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Illinois
Illinois employs 2,970 financial examiners. The highest concentrations are in Chicago-Naperville-Elgin and Champaign-Urbana.
Financial Examiners salary by metro area in Illinois
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Chicago-Naperville-Elgin | $102K | $49.13/hr | 2,380 |
| Champaign-Urbana | $91K | $43.62/hr | 30 |
| Peoria | $82K | $39.51/hr | 30 |
| Springfield | $70K | $33.77/hr | 150 |
Financial Examiners salary range in Illinois
Financial Examiners careers in other states
Frequently asked questions
How much does a financial examiners make in Illinois?▼
The median financial examiners salary in Illinois is $99,680 per year ($47.93/hr). This is 10% above the national median of $90,400. Salaries range from $58,940 to $171,490.
What are the requirements to become a financial examiners in Illinois?▼
Financial Examiners positions in Illinois typically require Bachelor's degree. Illinois may have specific licensing or certification requirements. Check with the Illinois licensing board or department of labor for current requirements.
Can a financial examiners afford to live in Illinois?▼
At the median salary of $99,680, a financial examiners in Illinois would take home approximately $6,131/month after taxes. With median 2-bedroom rent at $1,412/month, that's 23% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial examiners in Illinois?▼
The highest paying metro areas for financial examiners in Illinois are Chicago-Naperville-Elgin ($102,190), Champaign-Urbana ($90,730), Peoria ($82,180). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Illinois have state income tax for financial examiners?▼
Yes, Illinois has a state income tax rate of approximately 4.9%. On a $99,680 salary, this means roughly $4,934/year in state income tax. Use our take-home pay calculator for a detailed breakdown.