SOC 11-1011

Chief Executives Salary in Chicago-Naperville-Elgin, IL-IN (2026)

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + IL
COL Index: 125.81 (+25.8% vs US)
Net Compensation Yield 62.0% Realized
$213,985 / net annual direct deposit
Gross Adjusted $344,960 $165.85/hr
Effective Tax Drag 31.97% Combined Jurisdictions
Marginal Top Bracket 35% Federal Statutory
Total Withheld -$110,278 $4,241.46/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $165.85 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$20,698/yr)
0% Tax Shield: ~$7,244/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$76,626
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$11,439
Medicare Hospital Insurance
Statutory 1.45%
-$6,307
Illinois Individual Income Tax
State Marginal Bracket
-$15,906
Net Take-Home Annual Realized
$213,985 ($8,230.17 / check)
Category 2 of 6

Chicago-Naperville-Elgin, IL-IN Chief Executives Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $344,960
MIDDLE 50% (IQR RANGE) 10th $143k 25th $198k Median: $344,960 50th (Median) $345k 75th $429k 90th $600k You: $344,960
10th (Entry) $142,940 $68.72/hr
25th (Junior) $197,530 $94.97/hr
50th (Median) $344,960 $165.85/hr
75th (Senior) $428,710 $206.11/hr
90th (Lead/Master) $599,520 $288.23/hr
Career Progression & Licensing Milestones for Chief Executives in Chicago-Naperville-Elgin, IL-IN
1
Business Unit HeadMaster's degree (most common O*NET requirement); entry into the field
$122,031$58.67/hr · 2-5 Years
2
Vice PresidentDemonstrated results in role; works independently on core responsibilities
$208,759$100.36/hr · 5-9 Years
3
President / COOFull professional competence; leads projects or a small team
$344,976$165.85/hr · 9-14 Years
4
Chief Executive (Mid-Size Organization)Owns budget, hiring and outcomes for a department or large program
$574,208$276.06/hr · 14-20 Years
5
Chief Executive (Large Organization)Executive or principal scope; sets strategy across the organization or profession
$818,432$393.48/hr · 20+ Years
Scaled to the Chicago-Naperville-Elgin, IL-IN medianView National Chief Executives Salary Data
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Chicago-Naperville-Elgin, IL-IN under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
10% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $1,780/month Requires minimum annual gross of $71,200
HUD Fair Market Rent (2-Bedroom) $2,011/month Requires minimum annual gross of $80,440
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $27.82/hr
Per adult, 2 working adults + 1 child: $24.26/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Chicago-Naperville-Elgin, IL-IN.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$344,960-$110,278$213,985$8,230.17
+5h Overtime/Wk45 hrs$409,640-$136,118$249,022$9,577.75
+10h Overtime/Wk50 hrs$474,320-$163,478$286,342$11,013.15
+15h Overtime/Wk55 hrs$539,000-$190,838$323,662$12,448.55
+20h Overtime/Wk60 hrs$603,680-$218,197$360,983$13,883.95
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

Chief Executives in Chicago-Naperville-Elgin, IL-IN: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Illinois tax codes.

Market Baseline
$344,960/yr
$165.85/hr · SOC 11-1011
Statutory Tax Drag
31.97% Effective
-$110,278 in Total Taxes
HUD 1BR Shelter Ratio
10% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$16,052/mo
Post-$1,780/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 11-1011
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

Chief Executives in Chicago-Naperville-Elgin, IL-IN: Market Snapshot

Chief Executives roles in Chicago-Naperville-Elgin, IL-IN report a median annual wage of $344,960, 61.2% above the national median of $213,990. The 10th to 90th percentile band runs from $142,940 to $599,520, and HUD’s $1,780 monthly one-bedroom fair market rent equals 6.2% of that median gross pay. The single-adult living wage benchmark for the area is $27.82 per hour.

Highest-paying metropolitan areas for Chief Executives

Metropolitan areaMedian annual wageVs this market
Medford, OR$615,500+78.4%
Midland, MI$587,950+70.4%
Midland, TX$389,330+12.9%
Bridgeport-Stamford-Danbury, CT$388,060+12.5%
Durham-Chapel Hill, NC$381,330+10.5%
Portland-Vancouver-Hillsboro, OR-WA$375,810+8.9%
Seattle-Tacoma-Bellevue, WA$370,000+7.3%
Greensboro-High Point, NC$354,310+2.7%
Evansville, IN$339,330-1.6%
Springfield, IL$338,570-1.9%

Top-paying occupations benchmarked in Chicago-Naperville-Elgin, IL-IN

OccupationMedian annual wageMedian hourly
Computer and Information Systems Managers$173,760$83.54/hr
Financial Manager$168,810$81.16/hr
Natural Sciences Managers$167,040$80.31/hr
Advertising and Promotions Managers$166,390$80.00/hr
Marketing Managers$165,340$79.49/hr
Architectural and Engineering Managers$163,430$78.57/hr
Sales Managers$158,690$76.29/hr
Human Resources Managers$156,770$75.37/hr
Compensation and Benefits Managers$155,340$74.68/hr
Purchasing Managers$155,080$74.56/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 317 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

Chief Executives Salary in Chicago-Naperville-Elgin, IL-IN (2026) Overview

Chief Executives median pay in Chicago-Naperville-Elgin, IL-IN is $344,960 a year ($165.85/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD. Official 2026 economic data for Chief Executives in Chicago-Naperville-Elgin, IL-IN compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
What is the median salary for a Chief Executives in Chicago-Naperville-Elgin, IL-IN?

The median annual wage is $344,960 ($165.85 per hour). The middle 80% of earners make between $142,940 and $599,520. Source: BLS OEWS (May 2025).

What is the take-home pay for a Chief Executives in Chicago-Naperville-Elgin, IL-IN after taxes?

On the median wage of $344,960, a single filer with no pre-tax deductions takes home about $226,413 a year ($18,868 a month) after $118,547 in federal, FICA, state and local taxes, an effective rate of 34.37%, using 2026 tax rules.