Business & Finance Bloomington, MN Pop. 89,987

Investment Banker Salary in Bloomington, Minnesota

The median investment banker salary in Bloomington, MN is $135,200 per year, which is 4.0% above the national median and 5.1% above the Minnesota state average.

City Median
$135,200
vs State Avg
+$6,500
vs National
+$5,200
Cost of Living
102%

Investment Banker Pay in Bloomington: What to Expect (2026)

Bloomington offers a median investment banker salary of $135,200, which is $6,500 above the Minnesota state average of $128,700. Compared to the national median of $130,000, Bloomington pays above average for this role.

Bloomington's cost of living is 102% 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 Bloomington spans from $78,000 at the 10th percentile to $332,800 at the 90th percentile — a $254,800 spread. Entry-level professionals start around $83,200, while senior investment bankers with 8+ years of experience can earn up to $312,000. Bloomington is a smaller market (pop. 89,987), which may mean fewer openings but also less competition for available positions.

Investment Banker Salary in Bloomington by Experience

In Bloomington, an entry-level investment banker earns around $83,200, while experienced professionals earn up to $312,000 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$83,200
+$3,200 vs national
Mid Level (3-7 yrs)
$140,400
+$5,400 vs national
Senior Level (8+ yrs)
$312,000
+$12,000 vs national

Salary Percentiles in Bloomington, MN

Percentile Bloomington
10th Percentile $78,000
25th Percentile $98,800
Median (50th) $135,200
75th Percentile $218,400
90th Percentile $332,800

Investment Banker Salary in Other Minnesota Cities

Minneapolis, MN
$139,100
Pop. 429,954
Saint Paul, MN
$132,600
Pop. 311,527
Rochester, MN
$130,000
Pop. 121,395
Duluth, MN
$119,600
Pop. 90,884

How to Become a Investment Banker in Bloomington

Education

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

Find Investment Banker Jobs in Bloomington

Browse open investment banker positions in Bloomington, MN:

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Frequently Asked Questions: Investment Banker Salary in Bloomington

How much does a Investment Banker make in Bloomington, MN? ▼
The median investment banker salary in Bloomington, Minnesota is $135,200 per year, which is 4.0% above the national median of $130,000. Salaries range from $78,000 (10th percentile) to $332,800 (90th percentile).
How much does a Investment Banker make per hour in Bloomington? ▼
Based on the median annual salary of $135,200, a investment banker in Bloomington earns approximately $65 per hour assuming a standard 2,080-hour work year.
How does Bloomington compare to the Minnesota state average for investment banker pay? ▼
Bloomington's median investment banker salary of $135,200 is 5.1% above the Minnesota state average of $128,700. The local cost of living index is 102% of the national average.
What is the cost of living in Bloomington, MN? ▼
Bloomington has a cost of living index of 102% compared to the national average. This means a investment banker salary of $135,200 in Bloomington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Bloomington? ▼
Most investment banker positions in Bloomington 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.