Portfolio Manager Salary
in Chicago, IL
Manage investment portfolios on behalf of institutions or high-net-worth clients. Median salary in Chicago: $194K/year. Data from BLS, O*NET, and H-1B disclosures.
Salary range in Chicago
Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Chicago, Illinois.
Key facts for Chicago
Salary forecast: Chicago Portfolio Manager to 2030
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $194K by 2030.
Full salary breakdown & negotiation guide
Unlock the full salary report + negotiation email template
Enter your email for free access. We'll send salary market updates — unsubscribe anytime.
No spam. Unsubscribe anytime.
Portfolio Manager Salary in Chicago, Illinois: Complete Guide (2026)
The median Portfolio Manager salary in Chicago, IL is $194,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Chicago–IL metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Salary range for Portfolio Manager in Chicago
Entry-level Portfolio Managers in Chicago with 0–2 years of experience typically earn between $138,000 and $194,000 annually. Mid-career professionals with 3–7 years command $194,000 to $270,000, while senior-level practitioners with 8+ years of experience regularly earn $270,000 to $384,000 or more.
Cost of living in Chicago for Portfolio Managers
Chicago has a cost of living index of 107 compared to the US national average of 100. Living costs in Chicago are close to the national average. Illinois has a 4.95% state income tax rate.
Education requirements for Portfolio Manager
Bachelor's in Finance; CFA designation; MBA common. 40% of these roles offer some remote flexibility.