What is the average Analyst salary for Rockford, IL?
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As of June 01, 2026, the average Analyst salary in Rockford, IL is $86,714. The chart below represents localized salaries for some of our most popular Analyst job titles in Rockford, IL. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Analyst job titles in Rockford, IL. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Analyst Salaries in Rockford, IL
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Credit Analyst II | $70,340 | $33.82 | Rockford, IL | June 01, 2026 |
| Credit Analyst III | $87,084 | $41.87 | Rockford, IL | June 01, 2026 |
| Credit Analyst I | $59,911 | $28.80 | Rockford, IL | June 01, 2026 |
| Revenue Analyst I | $65,822 | $31.65 | Rockford, IL | June 01, 2026 |
| Revenue Analyst II | $81,047 | $38.96 | Rockford, IL | June 01, 2026 |
| Revenue Analyst III | $92,198 | $44.33 | Rockford, IL | June 01, 2026 |
| Revenue Analyst IV | $110,910 | $53.32 | Rockford, IL | June 01, 2026 |
| Billing Analyst I | $56,495 | $27.16 | Rockford, IL | June 01, 2026 |
| Risk Analyst I | $64,859 | $31.18 | Rockford, IL | June 01, 2026 |
| Risk Analyst II | $80,746 | $38.82 | Rockford, IL | June 01, 2026 |
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Analyzes the creditworthiness of prospective and current customers. Examines credit history using credit agency tools and evaluates potential risks. Makes recommendations on credit extensions within established guidelines. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience. Credit Analyst II Salaries in Rockford, ILAlternate Job Titles:Intermediate Credit Analyst, Credit Analyst II
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Analyzes the creditworthiness of prospective and current customers. Examines credit history using credit agency tools and evaluates potential risks. Makes recommendations on credit extensions within established guidelines. May make recommendations regarding bad debt or write-offs. Typically requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Credit Analyst III Salaries in Rockford, ILAlternate Job Titles:Senior Credit Analyst, Credit Analyst III
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Analyzes the creditworthiness of prospective and current customers. Examines credit history using credit agency tools and evaluates potential risks. Makes recommendations on credit extensions within established guidelines. May make recommendations regarding bad debt or write-offs. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience. Credit Analyst I Salaries in Rockford, ILAlternate Job Titles:Entry Credit Analyst, Credit Analyst I
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Compiles and analyzes detailed revenue information for an organization. Monitors economic conditions, conducts revenue forecast analysis, and suggests strategies to boost revenue. Reviews organizational billing practices to ensure invoice accuracy and proper revenue recognition. Prepares weekly, monthly, quarterly, and annual reports for management. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Revenue Analyst I Salaries in Rockford, ILAlternate Job Titles:Entry Revenue Analyst, Revenue Analyst I
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Compiles and analyzes detailed revenue information for an organization. Monitors economic conditions, conducts revenue forecast analysis, and suggests strategies to boost revenue. Reviews organizational billing practices to ensure invoice accuracy and proper revenue recognition. Prepares weekly, monthly, quarterly, and annual reports for management. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Revenue Analyst II Salaries in Rockford, ILAlternate Job Titles:Intermediate Revenue Analyst, Revenue Analyst II
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Compiles and analyzes detailed revenue information for an organization. Monitors economic conditions, conducts revenue forecast analysis, and suggests strategies to boost revenue. Reviews organizational billing practices to ensure invoice accuracy and proper revenue recognition. Prepares weekly, monthly, quarterly, and annual reports for management. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Revenue Analyst III Salaries in Rockford, ILAlternate Job Titles:Senior Revenue Analyst, Revenue Analyst III
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Compiles and analyzes detailed revenue information for an organization. Monitors economic conditions, conducts revenue forecast analysis, and suggests strategies to boost revenue. Reviews organizational billing practices to ensure invoice accuracy and proper revenue recognition. Prepares weekly, monthly, quarterly, and annual reports for management. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. Revenue Analyst IV Salaries in Rockford, ILAlternate Job Titles:Specialist Revenue Analyst, Revenue Analyst IV
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Analyzes billing data, metrics, and processes to facilitate timely, accurate, and efficient billing operations. Prepares status reports to track billing activities and identify and measure overdue or unpaid accounts. Analyzes billing trends and recommends process improvements to optimize revenue collection, reduce errors, and improve payment times. Investigates and resolves billing discrepancies and errors. Provides billing data and analysis to support the development of financial statements or projections. Ensures invoices reflect negotiated payment terms and conditions and comply with financial policies, standards, and regulations. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Billing Analyst I Salaries in Rockford, ILAlternate Job Titles:Billing and Invoicing Analyst I, Billing Analyst I
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Evaluates the vulnerability of an organization's assets to determine the potential risk factors. Performs statistical analysis to quantify risk and forecast probable outcomes. Prepares reports and presents findings to assist management with decision-making while offering solutions to minimize or eliminate risks. Monitors internal and external risk factors including economic, market, and regulatory risks to continuously maintain maximum protection of an organization's assets. Supports managers in risk management or risk model construction. Requires a bachelor's degree. Typically reports to a supervisor. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Risk Analyst I Salaries in Rockford, ILAlternate Job Titles:Operational Risk Analyst I, Risk Analyst I
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Evaluates the vulnerability of an organization's assets to determine the potential risk factors. Performs statistical analysis to quantify risk and forecast probable outcomes. Prepares reports and presents findings to assist management with decision-making while offering solutions to minimize or eliminate risks. Monitors internal and external risk factors including economic, market, and regulatory risks to continuously maintain maximum protection of an organization's assets. Supports managers in risk management or risk model construction. Requires a bachelor's degree. Typically reports to a supervisor. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Risk Analyst II Salaries in Rockford, ILAlternate Job Titles:Operational Risk Analyst II, Risk Analyst II