Business & Finance Cedar Rapids, IA Pop. 137,710

Investment Banker Salary in Cedar Rapids, Iowa

The median investment banker salary in Cedar Rapids, IA is $114,400 per year, which is 12% below the national median and 1.1% below the Iowa state average.

City Median
$114,400
vs State Avg
$-1,300
vs National
$-15,600
Cost of Living
88%

Investment Banker Salary in Cedar Rapids by Experience

In Cedar Rapids, an entry-level investment banker earns around $70,400, while experienced professionals earn up to $264,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$70,400
$-9,600 vs national
Mid Level (3-7 yrs)
$118,800
$-16,200 vs national
Senior Level (8+ yrs)
$264,000
$-36,000 vs national

Salary Percentiles in Cedar Rapids, IA

Percentile Cedar Rapids
10th Percentile $66,000
25th Percentile $83,600
Median (50th) $114,400
75th Percentile $184,800
90th Percentile $281,600

Investment Banker Salary in Other Iowa Cities

Iowa City, IA
$123,500
Pop. 74,828
Des Moines, IA
$119,600
Pop. 214,133
Davenport, IA
$111,800
Pop. 101,724
Sioux City, IA
$109,200
Pop. 85,797

How to Become a Investment Banker in Cedar Rapids

Education

Most investment banker positions require a bachelor's degree. Cedar Rapids and the surrounding Iowa area have institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Cedar Rapids may vary based on local industry and population growth.