Morningstar, Inc. H-1B wage filings
Chicago, IL. Filings decided July 2025 to June 2026.
Morningstar, Inc. filed 24 wage applications for H-1B and similar visas from July 2025 to June 2026. The median wage it offered was $129,520, 5.3% above the government's prevailing wage for the same jobs. Its most-filed job was Software Engineer (4 filings, median $117,623).
- Filings
- 24
- Positions covered
- 24
- Certified
- 100.0%
- Job titles
- 18
- Worksite cities
- 7
- Filings since FY2020
- 351
- Median offer change since FY2020
- +30%
Offered wage since 2020
Morningstar, Inc.'s median H-1B wage offer rose 30%, from $100,000 in fiscal 2020 to $129,520 in fiscal 2026 so far. In fiscal 2026 it was 5.3% above the prevailing wage. Its busiest full year was fiscal 2023, with 69 filings.
Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year
Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.
Morningstar, Inc. by fiscal year
| Fiscal year | Filings | Median offered | vs year before | Median prevailing | vs prevailing |
|---|---|---|---|---|---|
| 2026 (Oct to Jun) | 18 | $129,520 | +4.1% | $125,226 | +5.3% |
| 2025 | 32 | $124,410 | +16.6% | $111,303 | +7.3% |
| 2024 | 56 | $106,723 | +3.7% | $102,690 | +9.4% |
| 2023 | 69 | $102,931 | −9.0% | $91,166 | +11.2% |
| 2022 | 53 | $113,165 | +13.2% | $107,931 | +13.5% |
| 2021 | 64 | $100,000 | no change | $92,768 | +8.2% |
| 2020 | 59 | $100,000 | n/a | $91,032 | +1.8% |
Offered wage by job title
Middle half of offered wagesMedian offered wageMedian prevailing wage
| Job title | Filings | Median offered | Offered range and prevailing wage | vs prevailing | Median since 2020 |
|---|---|---|---|---|---|
| Software Engineer | 4 | $117,623 | at the minimum | +7% since 2021 | |
| Lead Software Engineer | 3 | $142,830 | +1.7% | +26% since 2020 | |
| Senior Software Engineer | 2 | $139,875 | at the minimum | +12% since 2020 | |
| Associate Director, Software Engineering | 1 | $210,600 | +3.9% | ||
| Associate Quantitative Analyst | 1 | $101,300 | +85.2% | ||
| Director of Data Science | 1 | $221,058 | +9.0% | ||
| Lead Oracle Database Administrator | 1 | $150,837 | +15.4% | ||
| Lead QA Automation Engineer | 1 | $128,240 | +5.6% | ||
| Lead Salesforce Developer | 1 | $142,044 | +2.4% | ||
| Product AI Engineer | 1 | $110,000 | +1.8% | ||
| Project Manager | 1 | $94,129 | +13.6% | ||
| Quantitative Analyst | 1 | $109,116 | +99.5% | ||
| Sr. Marketing Manager, Strategic Account Marketing | 1 | $116,500 | +17.3% | ||
| Senior Product Manager | 1 | $125,000 | +6.9% | ||
| Senior Project Specialist | 1 | $115,605 | +5.9% | ||
| Senior Software Architect | 1 | $161,000 | +5.0% | ||
| Software Engineering Team Lead | 1 | $156,719 | +2.2% | ||
| Technical Product Manager | 1 | $113,826 | +17.4% | ||
No job title on this page matches. Only the most-filed titles are listed.
Where the jobs are
| Worksite | Filings | Median offered |
|---|---|---|
| Chicago, IL | 18 | $127,900 |
| Aurora, IL | 1 | $128,240 |
| Brookline, MA | 1 | $131,082 |
| Mckinney, TX | 1 | $142,830 |
| Shrewsbury, MA | 1 | $116,397 |
| Troy, NY | 1 | $94,280 |
| Zephyrhills, FL | 1 | $142,044 |
By visa type: 23 H-1B, 1 E-3 (Australia). By outcome: 24 certified.
Filings by quarter
Across all employers, filings bunch up in the first half of each year around the annual H-1B lottery, so compare a quarter with the same quarter a year earlier, not with the one before it.
Seniority of the jobs filed
The government assigns each job one of four wage levels. A higher level means a higher legal minimum.
What these numbers are
- They are wages Morningstar, Inc. attested to on Labor Condition Applications (Form ETA-9035), not paychecks. Bonuses and stock are not included.
- A filing is not a visa or a hire. One filing can cover several positions, and some are later withdrawn. Wage figures use certified filings only.
- The prevailing wage is the minimum the employer must pay for that job in that area, set from government wage surveys.
Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.