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Alas, I don't qualify.

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Depends. How much experience do you have? What are your responsibilities? Where do you work?
40k is what I made as an office manager...so ya, this feels v low!
I’m not in the Chicago market, but a quick search tells me the median is around 55K for a Designer, but no two designers are created equal. I also don’t know whether you are on a team of designers or not. If you are the only designer, which I have seen at smaller agencies, then they’re certainly low balling you.
The better question is, based on your skills and experience, do you feel you are worth 45K? If you feel you are worth more, push for more. If they won’t give it, find someone that will pay you your worth.
What I needed to hear, thank you!
If you are coming out of school, no.
If you have a few years of experience in the role maybe 55k-65k is reasonable.
75k if you are on the cusp of a Sr. Designer role.
As with anything depends upon your experience, portfolio, and how well you sell yourself.
Depends on years of experience