Business & Finance Akron, OH Pop. 190,469

Investment Banker Salary in Akron, Ohio

The median investment banker salary in Akron, OH is $109,200 per year, which is 16% below the national median and 6.7% below the Ohio state average.

City Median
$109,200
vs State Avg
$-7,800
vs National
$-20,800
Cost of Living
84%

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

Akron offers a median investment banker salary of $109,200, which is $7,800 below the Ohio state average of $117,000. Compared to the national median of $130,000, Akron pays below the national benchmark for this role.

One of Akron's biggest advantages is its low cost of living at 84% of the national average. This means the $109,200 salary stretches further here — equivalent to roughly $130,000 in an average-cost city. This makes Akron an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Akron spans from $63,000 at the 10th percentile to $268,800 at the 90th percentile — a $205,800 spread. Entry-level professionals start around $67,200, while senior investment bankers with 8+ years of experience can earn up to $252,000. With a population of 190,469, Akron is a mid-sized metro with a growing job market.

Investment Banker Salary in Akron by Experience

In Akron, an entry-level investment banker earns around $67,200, while experienced professionals earn up to $252,000 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$67,200
$-12,800 vs national
Mid Level (3-7 yrs)
$113,400
$-21,600 vs national
Senior Level (8+ yrs)
$252,000
$-48,000 vs national

Salary Percentiles in Akron, OH

Percentile Akron
10th Percentile $63,000
25th Percentile $79,800
Median (50th) $109,200
75th Percentile $176,400
90th Percentile $268,800

Investment Banker Salary in Other Ohio Cities

Columbus, OH
$123,500
Pop. 905,748
Cincinnati, OH
$117,000
Pop. 309,317
Cleveland, OH
$111,800
Pop. 372,624
Toledo, OH
$106,600
Pop. 270,871

How to Become a Investment Banker in Akron

Education

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

Find Investment Banker Jobs in Akron

Browse open investment banker positions in Akron, OH:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Investment Banker Salary in Akron

How much does a Investment Banker make in Akron, OH? ▼
The median investment banker salary in Akron, Ohio is $109,200 per year, which is 16% below the national median of $130,000. Salaries range from $63,000 (10th percentile) to $268,800 (90th percentile).
How much does a Investment Banker make per hour in Akron? ▼
Based on the median annual salary of $109,200, a investment banker in Akron earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does Akron compare to the Ohio state average for investment banker pay? ▼
Akron's median investment banker salary of $109,200 is 6.7% below the Ohio state average of $117,000. The local cost of living index is 84% of the national average.
What is the cost of living in Akron, OH? ▼
Akron has a cost of living index of 84% compared to the national average. This means a investment banker salary of $109,200 in Akron has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Akron? ▼
Most investment banker positions in Akron 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.