Business & Finance Davenport, IA Pop. 101,724

Investment Banker Salary in Davenport, Iowa

The median investment banker salary in Davenport, IA is $111,800 per year, which is 14% below the national median and 3.4% below the Iowa state average.

City Median
$111,800
vs State Avg
$-3,900
vs National
$-18,200
Cost of Living
86%

Investment Banker Salary in Davenport by Experience

In Davenport, an entry-level investment banker earns around $68,800, while experienced professionals earn up to $258,000 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$68,800
$-11,200 vs national
Mid Level (3-7 yrs)
$116,100
$-18,900 vs national
Senior Level (8+ yrs)
$258,000
$-42,000 vs national

Salary Percentiles in Davenport, IA

Percentile Davenport
10th Percentile $64,500
25th Percentile $81,700
Median (50th) $111,800
75th Percentile $180,600
90th Percentile $275,200

Investment Banker Salary in Other Iowa Cities

Iowa City, IA
$123,500
Pop. 74,828
Des Moines, IA
$119,600
Pop. 214,133
Cedar Rapids, IA
$114,400
Pop. 137,710
Sioux City, IA
$109,200
Pop. 85,797

How to Become a Investment Banker in Davenport

Education

Most investment banker positions require a bachelor's degree. Davenport 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 Davenport may vary based on local industry and population growth.