Financial and Investment Analysts Salary
Financial and Investment Analysts in Kankakee, IL make a median of $84,370 a year, or about $40.56 an hour. The range runs from $62K at the entry level to $117K for experienced workers. Adjusted for local prices (RPP 96.39), that's roughly $87,530 in purchasing power. Rent on a 2-bedroom averages $1,326/month, or 24.9% of estimated take-home pay.
So what does $84K get you in Kankakee?
Groceries, utilities, transportation, and healthcare scaled from national averages by Kankakee’s Regional Price Parity (96.39). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About financial and investment analysts
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What this looks like in Kankakee
Pay for financial and investment analysts in Kankakee runs about 18% below the U.S. median of $103K. Housing is manageable: a 2-bedroom at the HUD median costs $1,326/month, 25% of take-home, well inside the 30% guideline. Cost of living (RPP 96.39) is near the national average, so spending patterns here track the typical American budget fairly closely. Lower pay, lower costs, Kankakee can be a reasonable trade-off for financial and investment analystss who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for financial and investment analysts in metros near Kankakee, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Chicago-Naperville-Elgin | $102K | $98K |
| Bloomington | $77K | $83K |
| Peoria | $84K | $92K |
| Champaign-Urbana | $84K | $91K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Kankakee, IL
Entry-level financial and investment analysts (10th percentile) start around $62K. Mid-career wages sit at $84K. Top earners bring in $117K or more, a $55K spread from bottom to top.
Financial and Investment Analysts pay across states
Median income ranked highest to lowest, compared to the national figure
View Financial and Investment Analysts salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Wyoming | $187K | +82% | 190 |
| New York | $128K | +25% | 52,380 |
| Oregon | $121K | +17% | 2,820 |
| Massachusetts | $111K | +8% | 14,790 |
| Connecticut | $110K | +7% | N/A |
| California | $109K | +6% | 45,380 |
| New Jersey | $109K | +6% | 10,380 |
| Washington | $107K | +4% | 8,820 |
| District of Columbia | $106K | +3% | 3,670 |
| Virginia | $105K | +3% | 10,410 |
| Colorado | $104K | +1% | 8,040 |
| Minnesota | $103K | +0% | 7,450 |
| North Carolina | $102K | -0% | 12,710 |
| Alaska | $102K | -0% | 190 |
| Delaware | $102K | -1% | 2,290 |
| Illinois | $101K | -2% | 20,520 |
| Idaho | $101K | -2% | 680 |
| Rhode Island | $101K | -2% | 1,790 |
| Maryland | $100K | -2% | 5,360 |
| Georgia | $99K | -3% | 9,780 |
| Montana | $99K | -3% | 440 |
| Texas | $99K | -3% | 28,820 |
| South Dakota | $99K | -3% | 820 |
| Vermont | $99K | -4% | 230 |
| Missouri | $98K | -4% | 4,430 |
| Wisconsin | $96K | -7% | 5,430 |
| Michigan | $95K | -7% | 7,400 |
| Hawaii | $95K | -8% | 600 |
| Florida | $94K | -8% | 23,900 |
| Ohio | $94K | -8% | 9,760 |
| South Carolina | $94K | -9% | 3,600 |
| Arizona | $94K | -9% | 5,940 |
| Tennessee | $93K | -9% | 4,910 |
| Iowa | $92K | -10% | 2,000 |
| Utah | $91K | -11% | 4,510 |
| Alabama | $91K | -11% | 3,410 |
| Maine | $88K | -14% | 710 |
| New Mexico | $88K | -15% | 930 |
| Nebraska | $85K | -17% | N/A |
| Kansas | $85K | -17% | 1,870 |
| Pennsylvania | $84K | -18% | 13,310 |
| Nevada | $83K | -19% | 1,830 |
| New Hampshire | $83K | -20% | 580 |
| Indiana | $82K | -20% | 3,680 |
| Kentucky | $82K | -21% | 2,460 |
| Arkansas | $81K | -21% | 1,390 |
| Oklahoma | $80K | -22% | 1,550 |
| Mississippi | $80K | -23% | 720 |
| North Dakota | $78K | -24% | 300 |
| Louisiana | $76K | -26% | 1,450 |
| West Virginia | $69K | -33% | 400 |
Showing 1–10 of 51 states
Track financial and investment analysts salary changes
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Frequently asked questions
Can a financial and investment analyst afford a 2BR apartment alone in Kankakee?
Yes — at the median salary of $84K, rent takes 25% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,326/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial and investment analysts in Kankakee?
The 10th-percentile wage — what new financial and investment analysts typically earn — is $62K/year. Take-home on that works out to about $3,746/month. At HUD’s $1,326/month FMR, rent would take 35% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is financial and investment analyst a high-paying job in Kankakee?
Local pay runs 18% below the national median — $84K here vs. $103K nationally.
How does Kankakee compare to the national average for financial and investment analysts?
Kankakee pays $84K median vs. the U.S. average of $103K — that’s -18%. After adjusting for local cost of living (RPP 96.39), the purchasing-power equivalent is $88K — below the national median.
How much do financial and investment analysts make in Kankakee, IL?
The median is $84,370 a year, that works out to about $41 an hour. But the range is wide: entry-level workers start around $62,440, and experienced financial and investment analysts can clear $117,230. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $84K enough to live in Kankakee?
On that salary, you'd take home roughly $5,297/month after taxes. A 2-bedroom here rents for about $1,326/month, which eats 25% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial and investment analysts salary go in Kankakee?
Kankakee has a Regional Price Parity of 96.39 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median financial and investment analysts salary is worth about $87,530 in national-average purchasing power.
Where do financial and investment analysts get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.