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Quantitative Model Developer salary in Chicago,IL

How much can you earn as a Quantitative Model Developer in Chicago,IL?

Quantitative Model Developer in Chicago, IL earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for Quantitative Model Developer typically range from $126K to $175K annually, depending on skills, experience, and employer.

Average Salary Overview – Quantitative Model Developer Chicago, IL

Quantitative Model Developers in Chicago, IL can anticipate a rewarding salary package, commensurate with their skills and experience. This information has been gathered from a reliable U.S. market context to provide you with the most accurate data.

Percentile	Average Salary
25th Percentile	$120,000
50th Percentile (Median)	$140,000
75th Percentile	$160,000

Quantitative Model Developer Salary by Experience Level

As you gain more experience in your field, you can expect your total compensation to increase. Here is a breakdown of the estimated total compensation for Quantitative Model Developers in Chicago, IL, according to their level of experience.

Years of Experience	Estimated Total Compensation
0-2 years	$100,000 - $120,000
3-5 years	$120,000 - $140,000
6-10 years	$140,000 - $160,000
10+ years	$160,000+

Related Roles & Salaries

Here are some related roles and their typical salary ranges in Chicago, IL for comparison:

Related Role	Typical Salary Range
Data Scientist	$95,000 - $150,000
Quantitative Analyst	$100,000 - $160,000
Quantitative Researcher	$120,000 - $180,000
Financial Engineer	$110,000 - $170,000
Risk Modeler	$105,000 - $150,000