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 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
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.