How much does an Economic Data Analyst make in Illinois? As of August 01, 2026, the average salary for an Economic Data Analyst in Illinois is $153,614 per year, which breaks down to an hourly rate of $74.

However, an Economic Data Analyst's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $173,778
  • Majority Range (25th-75th percentile): $141,003 to $164,168
  • Entry-Level (10th percentile): $129,521

Key Factors That Influence Economic Data Analyst Salaries

An Economic Data Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Economic Data Analyst Salaries?

Experience is a primary driver of an Economic Data Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $96,872
  • Early Career (1-2 years): $127,934
  • Mid-Level (2-4 years): $151,415
  • Senior-Level (5-8 years): $173,714
  • Expert (over 8 years): $318,707
Job RoleYears of ExperienceAverage Salary
Economics Analyst I less than 1 year $96,872
Economics Analyst II 1-2 years $127,934
Economic Data Analyst 2-4 years $151,415
Economics Analyst IV 5-8 years $173,714
VP of Economic Analytics over 8 years $318,707

Top Paying Cities for Economic Data Analyst

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Effingham: $141,601
  • Saint Peter: $141,407
  • Salem: $141,945

Economic Data Analyst Salary by Industry: Top Paying Sectors

For Economic Data Analyst roles, the industry you choose can affect earning potential by as much as 41% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Internet sectors offer the strongest compensation, at 20% above the average. In contrast, Economic Data Analyst positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Economic Data Analyst as a support function rather than a direct revenue driver.

The top paying industries for an Economic Data Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals $184,336 $89.0 20%
Internet $181,264 $87.0 18%
Biotechnology $170,511 $82.0 11%
Software & Networking $170,511 $82.0 11%
Energy & Utilities $168,975 $81.0 10%

Economic Data Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Economic Data Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$141,003
Average $153,614/year
$164,168
$11,750
Average $12,801/month
$13,681
$2,712
Average $2,954/week
$3,157
$68
Average $74/hour
$79
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $164,168 $13,681 $3,157 $79
Average $153,614 $12,801 $2,954 $74
25th Percentile $141,003 $11,750 $2,712 $68

Find Your Next Economic Data Analyst Job

Ready to take the next step in your career? Browse thousands of current Economic Data Analyst job openings on our job board. Use the search bar below to find your perfect match.

  • Arsenault Inc | Chicago, IL

    Arsenault Inc | Chicago, IL

    Location: Remote Duration: 6 months (can extend) Hours per week: 40 Pay: 45/hr Job Description: Arsenault is seeking a Capacity Planning Analyst to support... more

    7 Days Ago

  • Global Channel Management, Inc. | Chicago, IL

    Global Channel Management, Inc. | Chicago, IL

    Data analyst needs 3 years experience Data analyst requires: College graduate Experience with financial data (grant experience a plus) Work with finance/ac... more

    7 Days Ago

  • Hoyleton Youth & Family Services | Fairview Heights, IL

    Hoyleton Youth & Family Services | Fairview Heights, IL

    Full-timeDescriptionThis Position is NOT remote.Would require to be in the office in Fairview Heights, IlPOSITION SUMMARYData Analyst II - Responsible for ... more

    4 Days Ago

  • Easy Recruiter | Chicago, IL

    Easy Recruiter | Chicago, IL

    As a Data Analyst, you will be responsible assisting with resolution of consumer/commercial card and loan bank wide issues. You will be identifying impacte... more

    8 Days Ago

  • JPS Tech Solutions | Chicago, IL

    JPS Tech Solutions | Chicago, IL

    A leading IT consulting firm is seeking a skilled Data Analyst to join its Product Analytics team in Chicago.The role involves analyzing complex datasets, ... more

    4 Days Ago

  • GDR Defense | Chicago, IL

    GDR Defense | Chicago, IL

    Only on W2 Role :No C2CTitle / Level :Data AnalystLocation :Chicago, IL (Remote)Duration :6 months (20 hours per week - 4x5)1.Project OverviewThe purpose o... more

    4 Days Ago

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