Average Market Research Analyst Salary in Illinois
Market Research Analysts in Illinois earn an average of $76,786 per year across 1 metro area. This is +2.8% higher than the national average.
Average Salary
$76,786
per year
Hourly Rate
$36.92
per hour
vs National
+2.8%
$74,680 national
Salary Range
$50,457
to $112,646
About Market Research Analyst Careers in Illinois
Market research analysts study market conditions to help organizations understand consumer behavior, evaluate competition, and make informed business decisions. They design surveys, conduct focus groups, analyze sales data and competitive intelligence, and translate complex datasets into actionable strategic recommendations. The BLS reports a median annual wage of $74,680, and the occupation is projected to grow 13% through 2032 — much faster than average — driven by the explosion of digital marketing data and companies' increasing reliance on data-driven strategy. Senior analysts and those specializing in data science or UX research command significantly higher compensation.
In Illinois, market research analysts earn an average of $76,786 per year as of 2026, with salaries ranging from $50,457 for entry-level roles to $112,646 for the most experienced professionals — +2.8% above the national average. Pay is influenced most by industry sector — technology, pharmaceutical, and financial services firms pay significantly above the median, technical skills — analysts proficient in python, sql, or advanced statistical modeling command salary premiums of 15–30%, and the specific metro area within Illinois.
Cost of Living Adjusted Salary
Nominal Salary
$76,786
Cost of Living Index
95
100 = national average
Adjusted Salary
$80,827
purchasing power equivalent
After adjusting for Illinois's cost of living (below average), a Market Research Analyst's salary of $76,786 has the purchasing power of $80,827 in an average-cost area.
Market Research Analyst Salary by City in Illinois
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Chicago, IL | $76,786 | $36.92/hr | $50,457 | $112,646 | 506 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Illinois vs National Average
Market Research Analyst Salary Comparison
Employment in Illinois
There are approximately 506 Market Research Analysts employed across 1 metro area in Illinois.
Key Industries: Finance, Manufacturing, Technology
State Income Tax: 4.95% flat rate
Market Research Analyst Salary Range in Illinois
Entry Level (10th Percentile)
$50,457
Starting salary for new Market Research Analysts
Median (50th Percentile)
$76,786
Mid-career Market Research Analyst salary
Senior (90th Percentile)
$112,646
Top earners in the field
Related Occupations in Illinois
Financial Analyst
$105,428
avg in IL
+$28,642 vs Market Research Analyst
Management Analyst
$101,454
avg in IL
+$24,668 vs Market Research Analyst
Personal Financial Advisor
$100,675
avg in IL
+$23,889 vs Market Research Analyst
Accountant
$80,708
avg in IL
+$3,922 vs Market Research Analyst
Human Resources Specialist
$71,794
avg in IL
-$4,992 vs Market Research Analyst
Market Research Analyst Salary in Neighboring States
Compare Market Research Analyst salaries in Illinois with nearby states to find the best opportunities.
More Market Research Analyst Data
More Illinois Data
Frequently Asked Questions
What is the average Market Research Analyst salary in Illinois?
The average Market Research Analyst salary in Illinois is $76,786 per year ($36.92/hour) based on 2026 data across 1 metro areas. This is 2.8% above the national average of $74,680.
What is the highest paying city for Market Research Analysts in Illinois?
Chicago, IL is the highest paying city for Market Research Analysts in Illinois, with a median salary of $76,786 per year.
What is the salary range for Market Research Analysts in Illinois?
Market Research Analyst salaries in Illinois range from $50,457 (entry-level, 10th percentile) to $112,646 (experienced, 90th percentile). The median salary is $76,786 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Illinois. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.