How much does a Principal make in Chicago, IL?
Principal positions in Chicago, IL, offer competitive salaries. On average, a Principal in this city earns about $133,874 each year. This figure serves as a useful benchmark for job seekers considering roles in this role.
To break it down, salaries span a range from $47,000 to $270,500. Most Principals earn between $87,636 and $209,545. This wide range reflects the various industries and companies where Principal roles exist. Factors such as experience, education, and company size can influence salaries. Job seekers should look at these details to better understand potential earnings in their specific situation.
What are the highest paying cities for a Principal near Chicago, IL?

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Elgin, IL
Average Salary: $145,906
Elgin offers a dynamic work environment for those in leadership roles. Professionals find opportunities in diverse industries with companies like Walgreen’s and Metra. The city’s strong community and business-friendly atmosphere make it a great place for career growth.
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Naperville, IL
Average Salary: $98,932
Naperville provides a vibrant setting for leaders in various sectors. With major employers such as Caterpillar and Fermi National Accelerator Laboratory, it offers many chances for professional development. The city’s commitment to innovation and quality of life enhances the work experience.
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Palatine, IL
Average Salary: $88,004
Palatine is an excellent place for leaders to thrive. Companies like Allstate and B&I Manufacturing present numerous opportunities. The city’s suburban charm and supportive business environment contribute to a fulfilling career experience.
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What are the best paying companies for a Principal in Chicago, IL?

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Amazon Web Services
Average Salary: $221,719
At Amazon Web Services, Principal roles focus on leading projects that involve cloud computing and IT solutions. This tech giant has several locations in Chicago, IL, providing numerous opportunities for professionals. They offer competitive salaries and benefits.
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Google
Average Salary: $217,500
Google offers Principal positions in various tech areas, including software engineering and data science. With offices in Chicago, IL, Google is a top choice for those seeking innovation and high pay. Employees enjoy extensive perks and a collaborative environment.
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Options Clearing Corporation
Average Salary: $181,056
Options Clearing Corporation provides Principal jobs in financial technology. Based in Chicago, IL, this company specializes in clearing and settling options trades. It offers a solid salary and robust benefits for those in financial services.
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GCM Grosvenor
Average Salary: $176,250
GCM Grosvenor is a financial services firm offering Principal roles in investment management. Operating in Chicago, IL, it is known for its strong culture and high compensation packages. The company provides opportunities for professional growth and stability.
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Northern Trust Corp.
Average Salary: $155,200
Northern Trust Corp. offers Principal positions in banking and financial services. With its headquarters in Chicago, IL, it provides a stable career path and competitive pay. Employees benefit from a comprehensive package and a family-friendly atmosphere.
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Circana
Average Salary: $153,825
Circana, formerly IRI, offers Principal roles in market research and data analytics. Based in Chicago, IL, the company provides a dynamic work environment and attractive salaries. It values data-driven decision-making and innovation.
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United Airlines
Average Salary: $117,021
United Airlines offers Principal positions in operations and technology. Located in Chicago, IL, the airline provides competitive pay and benefits, along with opportunities for career advancement. The company emphasizes teamwork and excellence.
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U.S. Bank
Average Salary: $113,621
U.S. Bank provides Principal roles in finance and banking. With multiple locations in Chicago, IL, it offers a stable career with good pay and benefits. The bank focuses on customer service and innovation in financial solutions.
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Right at School
Average Salary: $110,000
Right at School offers Principal positions in educational services. Based in Chicago, IL, this company focuses on after-school programs. It provides a good salary and benefits, along with a commitment to community and education.
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North Lawndale College Prep High School
Average Salary: $107,750
North Lawndale College Prep High School offers Principal roles in education. Located in Chicago, IL, this school emphasizes academic excellence and student support. It provides a competitive salary and a chance to make a difference in students' lives.
What are the best paying Principal related jobs in Chicago, IL?

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Division Chief
Average Salary: $278,040
Lead a department with clear goals. Work with top-level executives. Guide teams towards success. This role ensures smooth operations and strategy alignment.
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Director of Professional Services
Average Salary: $246,247
Manage a team providing expert services. Collaborate with clients to understand needs. Deliver high-quality results. This position involves strategic planning and client relations.
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Principal Scientist
Average Salary: $170,380
Conduct research and experiments to find new solutions. Work in labs or research centers. Publish findings in scientific journals. This role requires deep knowledge and attention to detail.
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Director of Research
Average Salary: $148,592
Oversee research projects to drive innovation. Lead a team of researchers. Ensure projects meet goals on time. This position involves strategic thinking and leadership.
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Research Director
Average Salary: $141,689
Guide research initiatives for a company. Oversee the work of multiple research teams. Ensure high-quality outcomes. This role focuses on innovation and strategic development.
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Administration Vice President
Average Salary: $139,875
Manage administrative functions of an organization. Ensure smooth daily operations. Work closely with other executives. This role involves strategic planning and leadership.
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School Supervisor
Average Salary: $126,125
Supervise teachers and staff in schools. Ensure educational standards are met. Support students' academic progress. This position requires strong leadership and communication skills.
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Superintendent
Average Salary: $114,092
Oversee an entire school district. Manage schools and staff. Ensure compliance with educational laws. This role involves strategic planning and community engagement.
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Elementary Principal
Average Salary: $97,031
Lead an elementary school. Manage teachers and staff. Ensure students receive a quality education. This role focuses on school management and student success.
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Grant Manager
Average Salary: $79,415
Manage grant applications and funding. Work with different departments to secure funding. Ensure funds are used effectively. This position involves planning and coordination.
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