Business & Finance Iowa City, IA Pop. 74,828

Investment Banker Salary in Iowa City, Iowa

The median investment banker salary in Iowa City, IA is $123,500 per year, which is 5% below the national median and 6.7% above the Iowa state average.

City Median
$123,500
vs State Avg
+$7,800
vs National
$-6,500
Cost of Living
95%

Investment Banker Pay in Iowa City: What to Expect (2026)

Iowa City offers a median investment banker salary of $123,500, which is $7,800 above the Iowa state average of $115,700. Compared to the national median of $130,000, Iowa City pays below the national benchmark for this role.

Iowa City's cost of living is 95% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for investment bankers in Iowa City spans from $71,250 at the 10th percentile to $304,000 at the 90th percentile — a $232,750 spread. Entry-level professionals start around $76,000, while senior investment bankers with 8+ years of experience can earn up to $285,000. Iowa City is a smaller market (pop. 74,828), which may mean fewer openings but also less competition for available positions.

Investment Banker Salary in Iowa City by Experience

In Iowa City, an entry-level investment banker earns around $76,000, while experienced professionals earn up to $285,000 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$76,000
$-4,000 vs national
Mid Level (3-7 yrs)
$128,250
$-6,750 vs national
Senior Level (8+ yrs)
$285,000
$-15,000 vs national

Salary Percentiles in Iowa City, IA

Percentile Iowa City
10th Percentile $71,250
25th Percentile $90,250
Median (50th) $123,500
75th Percentile $199,500
90th Percentile $304,000

Investment Banker Salary in Other Iowa Cities

Des Moines, IA
$119,600
Pop. 214,133
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 Iowa City

Education

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

Find Investment Banker Jobs in Iowa City

Browse open investment banker positions in Iowa City, IA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Investment Banker Salary in Iowa City

How much does a Investment Banker make in Iowa City, IA? ▼
The median investment banker salary in Iowa City, Iowa is $123,500 per year, which is 5% below the national median of $130,000. Salaries range from $71,250 (10th percentile) to $304,000 (90th percentile).
How much does a Investment Banker make per hour in Iowa City? ▼
Based on the median annual salary of $123,500, a investment banker in Iowa City earns approximately $59 per hour assuming a standard 2,080-hour work year.
How does Iowa City compare to the Iowa state average for investment banker pay? ▼
Iowa City's median investment banker salary of $123,500 is 6.7% above the Iowa state average of $115,700. The local cost of living index is 95% of the national average.
What is the cost of living in Iowa City, IA? ▼
Iowa City has a cost of living index of 95% compared to the national average. This means a investment banker salary of $123,500 in Iowa City has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Iowa City? ▼
Most investment banker positions in Iowa City require a bachelor's degree. Key skills include Financial Modeling, Valuation, M&A, Excel. The job market is projected to grow 7% nationally over the next decade.