How much does a Business Data Analyst III make in Illinois? The average Business Data Analyst III salary in Illinois is $106,078 as of February 26, 2024, but the range typically falls between $94,523 and $117,986. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Business Data Analyst III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Data Analyst III Salary $84,002 IL February 26, 2024
25th Percentile Business Data Analyst III Salary $94,523 IL February 26, 2024
50th Percentile Business Data Analyst III Salary $106,078 IL February 26, 2024
75th Percentile Business Data Analyst III Salary $117,986 IL February 26, 2024
90th Percentile Business Data Analyst III Salary $128,828 IL February 26, 2024
25% $94,523 10% $84,002 90% $128,828 75% $117,986 $106,078 50%(Median) Didn’t find job title? Click
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What skills does a Business Data Analyst III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Data Visualization: Data visualization is viewed by many disciplines as a modern equivalent of visual communication. It involves the creation and study of the visual representation of data. To communicate information clearly and efficiently, data visualization uses statistical graphics, plots, information graphics and other tools. Numerical data may be encoded using dots, lines, or bars, to visually communicate a quantitative message. Effective visualization helps users analyze and reason about data and evidence. It makes complex data more accessible, understandable and usable. Users may have particular analytical tasks, such as making comparisons or understanding causality, and the design principle of the graphic (i.e., showing comparisons or showing causality) follows the task. Tables are generally used where users will look up a specific measurement, while charts of various types are used to show patterns or relationships in the data for one or more variables.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Analysis 36.19%
Data Visualization 4.58%
Futures 3.54%
Others 55.69%

Job Description for Business Data Analyst III

Business Data Analyst III supports and contributes to external business analytics projects and processes to provide data-driven insights used to advise the client and develop strategies for operational improvements and future business initiatives. Uses statistical methods, modeling, analytical methodologies, and data analysis to develop and deploy tools including dashboards, infographics, reports, and models to inform and support decision-making. Being a Business Data Analyst III mines, processes, and analyzes internal and external data using KPIs, business results, industry sources, competitor intelligence, and customer information. Develops a good understanding of the business's model, objectives, issues, and challenges by interacting and collaborating with users and stakeholders. Additionally, Business Data Analyst III typically requires a bachelor's degree in finance, statistics or a quantitative field. Typically reports to a manager. The Business Data Analyst III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Business Data Analyst III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Business Data Analyst III in Illinois

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $108,907 Date Updated February 26, 2024
Location Mount Prospect, IL Avg. Salary $108,535 Date Updated February 26, 2024
Location Abingdon, IL Avg. Salary $97,914 Date Updated February 26, 2024
Location Adair, IL Avg. Salary $99,099 Date Updated February 26, 2024
Location Addieville, IL Avg. Salary $100,823 Date Updated February 26, 2024
Location Addison, IL Avg. Salary $108,535 Date Updated February 26, 2024
Location Akin, IL Avg. Salary $96,959 Date Updated February 26, 2024
Location Albany, IL Avg. Salary $96,235 Date Updated February 26, 2024
Location Albers, IL Avg. Salary $100,823 Date Updated February 26, 2024
Location Albion, IL Avg. Salary $94,806 Date Updated February 26, 2024

Career Path for Business Data Analyst III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Business Data Analyst III, the first career path typically starts with a Business Data Analyst IV position, and then progresses to Business Data Analyst V.

Additionally, the second career path typically starts with an Economics Analyst III position, and then progresses to Economics Analyst IV.

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Business Data Analyst III Salary in Illinois
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