Business & Finance Des Moines, IA Pop. 214,133

Investment Banker Salary in Des Moines, Iowa

The median investment banker salary in Des Moines, IA is $119,600 per year, which is 8% below the national median and 3.4% above the Iowa state average.

City Median
$119,600
vs State Avg
+$3,900
vs National
$-10,400
Cost of Living
92%

Investment Banker Salary in Des Moines by Experience

In Des Moines, an entry-level investment banker earns around $73,600, while experienced professionals earn up to $276,000 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$73,600
$-6,400 vs national
Mid Level (3-7 yrs)
$124,200
$-10,800 vs national
Senior Level (8+ yrs)
$276,000
$-24,000 vs national

Salary Percentiles in Des Moines, IA

Percentile Des Moines
10th Percentile $69,000
25th Percentile $87,400
Median (50th) $119,600
75th Percentile $193,200
90th Percentile $294,400

Investment Banker Salary in Other Iowa Cities

Iowa City, IA
$123,500
Pop. 74,828
Cedar Rapids, IA
$114,400
Pop. 137,710
Davenport, IA
$111,800
Pop. 101,724
Sioux City, IA
$109,200
Pop. 85,797

How to Become a Investment Banker in Des Moines

Education

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