Investment Banker Salary in Grand Rapids, Michigan
The median investment banker salary in Grand Rapids, MI is $117,000 per year, which is 10% below the national median and 0.0% above the Michigan state average.
Investment Banker Salary in Grand Rapids by Experience
In Grand Rapids, an entry-level investment banker earns around $72,000, while experienced professionals earn up to $270,000 per year. The local cost of living index is 90% of the national average.
Salary Percentiles in Grand Rapids, MI
| Percentile | Grand Rapids |
|---|---|
| 10th Percentile | $67,500 |
| 25th Percentile | $85,500 |
| Median (50th) | $117,000 |
| 75th Percentile | $189,000 |
| 90th Percentile | $288,000 |
Investment Banker Salary in Other Michigan Cities
How to Become a Investment Banker in Grand Rapids
Education
Most investment banker positions require a bachelor's degree. Grand Rapids and the surrounding Michigan area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Grand Rapids may vary based on local industry and population growth.