Business & Finance Ohio (OH) Rank #38 of 50

Investment Banker Salary in Ohio

The median investment banker salary in Ohio is $117,000 per year, which is 10% below the national median of $130,000.

Median Salary

$117,000

vs National

$-13,000

State Rank

#38 of 50

Cost of Living

90%

Investment Banker Salary in Ohio by Experience

In Ohio, an entry-level investment banker earns around $72,000, while experienced professionals earn up to $270,000 per year. The cost of living index in Ohio is 90% of the national average.

Entry Level (0-2 yrs)

$72,000

$-8,000 vs national

Mid Level (3-7 yrs)

$121,500

$-13,500 vs national

Senior Level (8+ yrs)

$270,000

$-30,000 vs national

Salary Percentiles in Ohio

Percentile	OH Salary	National	Difference
10th Percentile	$67,500	$75,000	$-7,500
25th Percentile	$85,500	$95,000	$-9,500
Median (50th)	$117,000	$130,000	$-13,000
75th Percentile	$189,000	$210,000	$-21,000
90th Percentile	$288,000	$320,000	$-32,000

Investment Banker Salary by City in Ohio

The largest employment areas for investment bankers in Ohio include Columbus, Cleveland, Cincinnati, and Toledo. Salaries vary by city based on local cost of living and demand.

Columbus, OH

$123,500

Pop. 905,748 · COL 95%

Cleveland, OH

$111,800

Pop. 372,624 · COL 86%

Cincinnati, OH

$117,000

Pop. 309,317 · COL 90%

Toledo, OH

$106,600

Pop. 270,871 · COL 82%

Akron, OH

$109,200

Pop. 190,469 · COL 84%

How to Become a Investment Banker in Ohio

Education

Most investment banker positions require a bachelor's degree. Ohio has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Ohio

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Ohio's demand may vary based on local industry trends.