Business & Finance Iowa (IA) Rank #39 of 50

Investment Banker Salary in Iowa

The median investment banker salary in Iowa is $115,700 per year, which is 11% below the national median of $130,000.

Median Salary

$115,700

vs National

$-14,300

State Rank

#39 of 50

Cost of Living

89%

Investment Banker Salary in Iowa by Experience

In Iowa, an entry-level investment banker earns around $71,200, while experienced professionals earn up to $267,000 per year. The cost of living index in Iowa is 89% of the national average.

Entry Level (0-2 yrs)

$71,200

$-8,800 vs national

Mid Level (3-7 yrs)

$120,150

$-14,850 vs national

Senior Level (8+ yrs)

$267,000

$-33,000 vs national

Salary Percentiles in Iowa

Percentile	IA Salary	National	Difference
10th Percentile	$66,750	$75,000	$-8,250
25th Percentile	$84,550	$95,000	$-10,450
Median (50th)	$115,700	$130,000	$-14,300
75th Percentile	$186,900	$210,000	$-23,100
90th Percentile	$284,800	$320,000	$-35,200

Investment Banker Salary by City in Iowa

The largest employment areas for investment bankers in Iowa include Des Moines, Cedar Rapids, Davenport, and Sioux City. Salaries vary by city based on local cost of living and demand.

Des Moines, IA

$119,600

Pop. 214,133 · COL 92%

Cedar Rapids, IA

$114,400

Pop. 137,710 · COL 88%

Davenport, IA

$111,800

Pop. 101,724 · COL 86%

Sioux City, IA

$109,200

Pop. 85,797 · COL 84%

Iowa City, IA

$123,500

Pop. 74,828 · COL 95%

How to Become a Investment Banker in Iowa

Education

Most investment banker positions require a bachelor's degree. Iowa has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Iowa

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Iowa's demand may vary based on local industry trends.