Investment Banker Salary in Rochester, Minnesota
The median investment banker salary in Rochester, MN is $130,000 per year, which is 0.0% above the national median and 1.0% above the Minnesota state average.
Investment Banker Salary in Rochester by Experience
In Rochester, an entry-level investment banker earns around $80,000, while experienced professionals earn up to $300,000 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in Rochester, MN
| Percentile | Rochester |
|---|---|
| 10th Percentile | $75,000 |
| 25th Percentile | $95,000 |
| Median (50th) | $130,000 |
| 75th Percentile | $210,000 |
| 90th Percentile | $320,000 |
Investment Banker Salary in Other Minnesota Cities
How to Become a Investment Banker in Rochester
Education
Most investment banker positions require a bachelor's degree. Rochester and the surrounding Minnesota 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 Rochester may vary based on local industry and population growth.