Business & Finance Grand Forks, ND Pop. 56,588

Investment Banker Salary in Grand Forks, North Dakota

The median investment banker salary in Grand Forks, ND is $114,400 per year, which is 12% below the national median and 2.2% below the North Dakota state average.

City Median
$114,400
vs State Avg
$-2,600
vs National
$-15,600
Cost of Living
88%

Investment Banker Pay in Grand Forks: What to Expect (2026)

Grand Forks offers a median investment banker salary of $114,400, which is $2,600 below the North Dakota state average of $117,000. Compared to the national median of $130,000, Grand Forks pays below the national benchmark for this role.

One of Grand Forks's biggest advantages is its low cost of living at 88% of the national average. This means the $114,400 salary stretches further here — equivalent to roughly $130,000 in an average-cost city. This makes Grand Forks an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Grand Forks spans from $66,000 at the 10th percentile to $281,600 at the 90th percentile — a $215,600 spread. Entry-level professionals start around $70,400, while senior investment bankers with 8+ years of experience can earn up to $264,000. Grand Forks is a smaller market (pop. 56,588), which may mean fewer openings but also less competition for available positions.

Investment Banker Salary in Grand Forks by Experience

In Grand Forks, an entry-level investment banker earns around $70,400, while experienced professionals earn up to $264,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$70,400
$-9,600 vs national
Mid Level (3-7 yrs)
$118,800
$-16,200 vs national
Senior Level (8+ yrs)
$264,000
$-36,000 vs national

Salary Percentiles in Grand Forks, ND

Percentile Grand Forks
10th Percentile $66,000
25th Percentile $83,600
Median (50th) $114,400
75th Percentile $184,800
90th Percentile $281,600

Investment Banker Salary in Other North Dakota Cities

How to Become a Investment Banker in Grand Forks

Education

Most investment banker positions require a bachelor's degree. Grand Forks and the surrounding North Dakota 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 Grand Forks may vary based on local industry and population growth.

Find Investment Banker Jobs in Grand Forks

Browse open investment banker positions in Grand Forks, ND:

Frequently Asked Questions: Investment Banker Salary in Grand Forks

How much does a Investment Banker make in Grand Forks, ND? ▼
The median investment banker salary in Grand Forks, North Dakota is $114,400 per year, which is 12% below the national median of $130,000. Salaries range from $66,000 (10th percentile) to $281,600 (90th percentile).
How much does a Investment Banker make per hour in Grand Forks? ▼
Based on the median annual salary of $114,400, a investment banker in Grand Forks earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Grand Forks compare to the North Dakota state average for investment banker pay? ▼
Grand Forks's median investment banker salary of $114,400 is 2.2% below the North Dakota state average of $117,000. The local cost of living index is 88% of the national average.
What is the cost of living in Grand Forks, ND? ▼
Grand Forks has a cost of living index of 88% compared to the national average. This means a investment banker salary of $114,400 in Grand Forks has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Grand Forks? ▼
Most investment banker positions in Grand Forks 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.