Business & Finance Toledo, OH Pop. 270,871

Investment Banker Salary in Toledo, Ohio

The median investment banker salary in Toledo, OH is $106,600 per year, which is 18% below the national median and 8.9% below the Ohio state average.

City Median
$106,600
vs State Avg
$-10,400
vs National
$-23,400
Cost of Living
82%

Investment Banker Salary in Toledo by Experience

In Toledo, an entry-level investment banker earns around $65,600, while experienced professionals earn up to $246,000 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$65,600
$-14,400 vs national
Mid Level (3-7 yrs)
$110,700
$-24,300 vs national
Senior Level (8+ yrs)
$246,000
$-54,000 vs national

Salary Percentiles in Toledo, OH

Percentile Toledo
10th Percentile $61,500
25th Percentile $77,900
Median (50th) $106,600
75th Percentile $172,200
90th Percentile $262,400

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
Akron, OH
$109,200
Pop. 190,469

How to Become a Investment Banker in Toledo

Education

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