Sovereign
2025 Fiscal Data

Hedge Fund AnalystNet Income in Chicago

A definitive analysis of tax liabilities, social contributions, and purchasing power for Finance professionals in Chicago, United States.

Gross Base
$200,000
Est. Net
$146,300
Retention: 73.2%Tax Wedge: 26.9%

The Sovereign Outlook

Professionals operating as a Hedge Fund Analyst in Chicago navigate a complex fiscal environment in 2025.The Midwest’s trading and private equity hub with comparatively moderate housing costs.

Based on our Chicago index, a gross annual compensation of $200,000 typically results in a net take-home pay of approximately $146,300. This equates to roughly $12,192 per month in disposable income before housing and living expenses.

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Fiscal Context: United States

The United States employs a progressive federal tax system, with additional state and local taxes varying significantly by jurisdiction. Social Security and Medicare taxes are mandatory deductions.

Marginal Rate
39.6%

Tax on next unit of currency

Social Liability
$15,300

Mandatory contributions

Role Analysis: Hedge Fund Analyst

Conducts research for alpha generation. Performance bonuses can exceed base salary by multiples.

Salary Projection Table

Gross ScenarioNet Outcome
$120,000$91,944
$160,000$119,284
$180,000$132,954
$200,000$146,300
$220,000$158,370
$240,000$170,440
$280,000$193,533
$400,000$262,353

Career Path & Industry Context

The role of Hedge Fund Analyst represents a critical position within the Finance sector, particularly in high-growth markets like Chicago. Professionals in this field typically require a combination of technical expertise, strategic thinking, and industry-specific knowledge.

Conducts research for alpha generation. Performance bonuses can exceed base salary by multiples.

The demand score of 79/100 indicates strongmarket demand for this role in Chicago. This demand is driven by the city's status as a major business hub and concentration of leading companiesin the finance sector.

Cost of Living & Lifestyle Analysis

Understanding the true value of your salary requires analyzing purchasing power in Chicago. With a cost of living index of 56 and a rent index of 84, Chicago offers a balanced cost structure.

Monthly Net Income
$12,192

After all taxes and deductions

Recommended Housing Budget
$3,657

30% of net income guideline

Frequently Asked Questions

What is the average salary for a Hedge Fund Analyst in Chicago?
Based on our analysis, the average salary for a Hedge Fund Analyst in Chicago is approximately $200,000. This figure accounts for local market conditions, cost of living, and industry demand.
How much will I take home as a Hedge Fund Analyst in Chicago?
After United States income tax and mandatory social contributions, a Hedge Fund Analyst earning $200,000 in Chicago can expect to take home approximately $146,300 annually, or $12,192 per month.
What factors affect my net salary as a Hedge Fund Analyst in Chicago?
Your net salary is affected by United States's progressive tax brackets, mandatory social security contributions ($15,300), filing status, and any applicable deductions. The effective tax rate for this income level is 26.9%.
Is $200,000 a good salary for a Hedge Fund Analyst in Chicago?
With a cost of living index of 56, Chicago is considered a moderate-cost jurisdiction. A net income of $146,300 provides strong purchasing power and comfortable living standards in Chicago.

Methodology Note

Figures presented are estimates based on the 2025 fiscal year tax codes for United States. Actual tax liability depends on individual circumstances, filing status, and specific deductions.

View Full Methodology