How much does a Principal make in Chicago, IL?
In Chicago, IL, a Principal can expect to earn a competitive salary. The average yearly salary for a Principal in this city is around $116,133. This figure reflects the strong demand for skilled professionals in leadership roles. The salary range varies, with some Principals earning as low as $47,000 and others reaching up to $262,500 annually.
The salary distribution shows that most Principals earn between $66,591 and $184,136 per year. This range indicates a broad spectrum of earning potential based on experience, industry, and specific job responsibilities. For those in the top 10% of earners, salaries exceed $203,727 annually. This data highlights the opportunities for career growth and advancement in the Principal role within Chicago.
What are the highest paying cities for a Principal near Chicago, IL?

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Elgin, IL
Average Salary: $137,536
Elgin offers a vibrant job market with many opportunities for senior roles. Companies like Caterpillar and Walgreen's provide a chance to lead and innovate. The community is supportive, making it a great place to grow your career.
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Palatine, IL
Average Salary: $97,640
Palatine is a hub for senior professionals, with companies like Pactiv Evergreen and Walgreens offering leadership roles. The city's strong community and excellent schools make it ideal for career growth and family life.
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Naperville, IL
Average Salary: $97,583
Naperville is known for its thriving business environment, attracting top talent for senior positions. With major companies like Caterpillar and Exelon, there are many opportunities to lead and make significant contributions. The city's excellent amenities and quality of life make it a desirable place to work.
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What are the best paying companies for a Principal in Chicago, IL?

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Google
Average Salary: $223,500
Google offers Principal roles in various departments, including software engineering, product management, and education. The company operates globally, with its headquarters in Chicago, IL, and offices in many other locations.
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Options Clearing Corporation
Average Salary: $174,263
Options Clearing Corporation provides Principal positions in financial services and technology. The company operates in Chicago, IL, and has a strong presence in the financial industry.
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Circana
Average Salary: $153,825
Circana offers Principal roles in market research and data analytics. The company operates in Chicago, IL, and provides insights to businesses worldwide.
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Northern Trust Corp.
Average Salary: $145,161
Northern Trust Corp. offers Principal positions in banking and financial services. The company operates in Chicago, IL, and has a global presence.
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HDR
Average Salary: $127,431
HDR provides Principal roles in engineering, architecture, and environmental consulting. The company operates in Chicago, IL, and has offices in many other locations.
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United Airlines
Average Salary: $117,251
United Airlines offers Principal positions in aviation and customer service. The company operates in Chicago, IL, and has a global presence.
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Acero Schools
Average Salary: $107,808
Acero Schools offers Principal roles in education. The company operates in Chicago, IL, and provides quality education to students.
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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. The company operates in Chicago, IL, and provides quality education to students.
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Distinctive Schools
Average Salary: $99,660
Distinctive Schools offers Principal roles in education. The company operates in Chicago, IL, and provides quality education to students.
What are the best paying Principal related jobs in Chicago, IL?

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Division Chief
Average Salary: $228,333
This role involves overseeing a specific division within a company. Leaders manage teams and ensure projects meet goals. Companies like Boeing and Accenture offer these roles.
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Director of Professional Services
Average Salary: $210,965
This position focuses on managing client relationships and service delivery. Directors work with teams to ensure high-quality service. Firms like IBM and Deloitte often have these positions.
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Principal Scientist
Average Salary: $168,100
Principal scientists lead research projects and teams. They work in labs and offices, often in tech or healthcare. Companies like Google and Pfizer hire for these roles.
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Health Education Director
Average Salary: $147,000
This role involves creating and managing health education programs. Directors work with schools and community groups. Organizations like the American Heart Association offer these jobs.
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Administration Vice President
Average Salary: $139,875
Vice Presidents oversee administrative functions in a company. They manage budgets and staff. Major corporations like JPMorgan Chase often have these positions.
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Director of Research
Average Salary: $132,381
This role involves leading research projects and teams. Directors work in labs and offices, often in tech or healthcare. Companies like Pfizer and Google hire for these roles.
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Research Director
Average Salary: $131,336
Research directors manage research projects and teams. They work in labs and offices, often in tech or healthcare. Companies like Pfizer and Google hire for these roles.
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Superintendent
Average Salary: $110,419
Superintendents oversee school districts. They manage budgets and staff. School districts like Chicago Public Schools offer these roles.
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Elementary Principal
Average Salary: $86,098
Elementary principals manage schools. They oversee teachers and students. School districts like Chicago Public Schools offer these roles.
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Grant Manager
Average Salary: $74,959
Grant managers handle funding for projects. They work with organizations to secure grants. Nonprofits and government agencies often have these positions.
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