Business & Finance Sioux City, IA Pop. 85,797

Investment Banker Salary in Sioux City, Iowa

The median investment banker salary in Sioux City, IA is $109,200 per year, which is 16% below the national median and 5.6% below the Iowa state average.

City Median
$109,200
vs State Avg
$-6,500
vs National
$-20,800
Cost of Living
84%

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

Sioux City offers a median investment banker salary of $109,200, which is $6,500 below the Iowa state average of $115,700. Compared to the national median of $130,000, Sioux City pays below the national benchmark for this role.

One of Sioux City's biggest advantages is its low cost of living at 84% of the national average. This means the $109,200 salary stretches further here — equivalent to roughly $130,000 in an average-cost city. This makes Sioux City an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Sioux City spans from $63,000 at the 10th percentile to $268,800 at the 90th percentile — a $205,800 spread. Entry-level professionals start around $67,200, while senior investment bankers with 8+ years of experience can earn up to $252,000. Sioux City is a smaller market (pop. 85,797), which may mean fewer openings but also less competition for available positions.

Investment Banker Salary in Sioux City by Experience

In Sioux City, an entry-level investment banker earns around $67,200, while experienced professionals earn up to $252,000 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$67,200
$-12,800 vs national
Mid Level (3-7 yrs)
$113,400
$-21,600 vs national
Senior Level (8+ yrs)
$252,000
$-48,000 vs national

Salary Percentiles in Sioux City, IA

Percentile Sioux City
10th Percentile $63,000
25th Percentile $79,800
Median (50th) $109,200
75th Percentile $176,400
90th Percentile $268,800

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
Davenport, IA
$111,800
Pop. 101,724

How to Become a Investment Banker in Sioux City

Education

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

Find Investment Banker Jobs in Sioux City

Browse open investment banker positions in Sioux City, IA:

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Frequently Asked Questions: Investment Banker Salary in Sioux City

How much does a Investment Banker make in Sioux City, IA? ▼
The median investment banker salary in Sioux City, Iowa is $109,200 per year, which is 16% below the national median of $130,000. Salaries range from $63,000 (10th percentile) to $268,800 (90th percentile).
How much does a Investment Banker make per hour in Sioux City? ▼
Based on the median annual salary of $109,200, a investment banker in Sioux City earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does Sioux City compare to the Iowa state average for investment banker pay? ▼
Sioux City's median investment banker salary of $109,200 is 5.6% below the Iowa state average of $115,700. The local cost of living index is 84% of the national average.
What is the cost of living in Sioux City, IA? ▼
Sioux City has a cost of living index of 84% compared to the national average. This means a investment banker salary of $109,200 in Sioux 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 Sioux City? ▼
Most investment banker positions in Sioux 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.