Chicago Metro Area Pay Trends

Updated

The Windy City is one of the world’s largest financial centers, home to the Chicago Stock Exchange and the Federal Reserve Bank of Chicago, suggesting perhaps Chi-Town residents are as passionate about numbers as they are about the Cubs. Chicago is also headquarters to more than 400 corporations, including Boeing.

Wage Growth for Chicago Metro Area, Q4 2023

0.0%
since last quarter
4.5%
year over year
31.8%
since 2006
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Methodology for The Payscale Index: Trends in Compensation

The Payscale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The Payscale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.

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