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Average Bank of America salary in Chicago, IL

$55,526yearly

$26.70 hourly rate

Entry-level Bank of America salary in Chicago
$28,000 yearly
Updated April 5, 2024

How much does Bank of America pay in Chicago, IL?

The average Bank of America salary in Chicago, IL is $55,526. Bank of America salaries range between $28,000 to $109,000 per year in Chicago. Bank of America Chicago based pay is higher than Bank of America's United States average salary of $53,206. The best-paying job in Chicago at Bank of America is senior vice president, sales, which pays an average of $146,991 annually.

Bank of America employees in Chicago make $1,526 more than the average salary in Chicago, $54,000.

Bank of America salaries in Chicago, IL by job title

Bank of America’s highest-paying job in Chicago, IL is senior vice president, sales, with an average salary of $146,991. The second highest is senior vice president of marketing, which pays $141,454 annually in Chicago, IL.

Highest paying jobs at Bank of America in Chicago, IL

RankJob titleAvarage Bank of America salaryHourly pay
1Senior Vice President, Sales$146,991$71
2Senior Vice President Of Marketing$141,454$68
3Sales Officer$139,116$67
4Vice President Of Programming$136,405$66
5Group Leader$134,529$65
6Senior Vice President-Operations$133,821$64
7Sales Vice President$133,818$64
8Senior Information Technology Manager$133,799$64
9Marketing Vice President$128,368$62
10Sales Team Manager$128,278$62

Bank of America salaries in Chicago, IL by department

The departments with the highest salaries for Bank of America employees in Chicago are Engineering, Marketing, and Plant/Manufacturing.

Chicago Bank of America employees in the Engineering department earn an average salary of $99,172 a year, compared to an average salary of $85,261 in the Marketing department and $81,347 in the Plant/Manufacturing department.

Highest-paying departments at Bank of America in Chicago, IL

RankDepartmentAvarage Bank of America salaryHourly pay
1Engineering$99,172$48
2Marketing$85,261$41
3Plant/Manufacturing$81,347$39
4Business Development$79,098$38
5IT$75,278$36
6Finance$54,886$26
7Sales$53,711$26
8Administrative$41,047$20
9Customer Service$40,321$19
10Retail$35,982$17

How much does Bank of America pay by city?

The cities near Chicago, IL where Bank of America pays the highest salaries are New York ($68,810), Jersey City ($67,302), Boston ($65,941), Washington ($65,689) and Hartford ($64,457).

Highest-paying cities near Chicago, IL at Bank of America

RankCityAvarage Bank of America salaryHourly pay
1New York$68,810$33
2Jersey City$67,302$32
3Boston$65,941$32
4Washington$65,689$32
5Hartford$64,457$31
6Newark$61,712$30
7San Francisco$60,230$29
8Richmond$59,516$29
9Seattle$57,186$27
10Charlotte$55,885$27

Bank of America’s competitor’s salaries in Chicago, IL

The highest paying Bank of America competitor in Chicago, IL is American Express. The average salary at American Express in Chicago, IL is $146,991. The lowest paying Bank of America competitor in Chicago, IL is KeyBank.

Highest-paying Bank of America competitors in Chicago, IL

RankCompany nameAvarage pay in Chicago, ILHourly pay
1American Express$83,392$40
2Merrill Lynch$81,586$39
3Bank of the West$77,698$37
4Citizens Financial Group$76,251$37
5Citi$72,151$35
6JPMorgan Chase & Co.$67,844$33
7Discover$64,957$31
8Capital One$62,221$30
9USAA$60,323$29
10KeyBank$59,748$29

Recently added Bank of America salaries in Chicago, IL

JobLocationDate addedSalary
Credit OfficerChicago, IL06/28/2025$70,000
Lead DeveloperChicago, IL06/27/2025$135,000
AnalystChicago, IL06/27/2025$90,000
Technical Team LeadChicago, IL06/27/2025$74,000
Control AnalystChicago, IL06/25/2025$78,200
HunterChicago, IL06/25/2025$100,000
Operations ConsultantChicago, IL06/24/2025$58,900
Asset ManagerChicago, IL06/21/2025$88,200
Business Control AnalystChicago, IL06/19/2025$87,000
Cyber Security SpecialistChicago, IL06/19/2025$145,000

Frequently asked questions about Bank of America pay in Chicago, IL

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