Business & Finance Aberdeen, SD Pop. 28,324

Investment Banker Salary in Aberdeen, South Dakota

The median investment banker salary in Aberdeen, SD is $109,200 per year, which is 16% below the national median and 4.5% below the South Dakota state average.

City Median
$109,200
vs State Avg
$-5,200
vs National
$-20,800
Cost of Living
84%

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

Aberdeen offers a median investment banker salary of $109,200, which is $5,200 below the South Dakota state average of $114,400. Compared to the national median of $130,000, Aberdeen pays below the national benchmark for this role.

One of Aberdeen'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 Aberdeen an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Aberdeen 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. Aberdeen is a smaller market (pop. 28,324), which may mean fewer openings but also less competition for available positions.

Investment Banker Salary in Aberdeen by Experience

In Aberdeen, 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 Aberdeen, SD

Percentile Aberdeen
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 South Dakota Cities

Sioux Falls, SD
$119,600
Pop. 192,517
Rapid City, SD
$117,000
Pop. 74,703
Brookings, SD
$111,800
Pop. 24,194
Mitchell, SD
$106,600
Pop. 15,660

How to Become a Investment Banker in Aberdeen

Education

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

Find Investment Banker Jobs in Aberdeen

Browse open investment banker positions in Aberdeen, SD:

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Frequently Asked Questions: Investment Banker Salary in Aberdeen

How much does a Investment Banker make in Aberdeen, SD? ▼
The median investment banker salary in Aberdeen, South Dakota 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 Aberdeen? ▼
Based on the median annual salary of $109,200, a investment banker in Aberdeen earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does Aberdeen compare to the South Dakota state average for investment banker pay? ▼
Aberdeen's median investment banker salary of $109,200 is 4.5% below the South Dakota state average of $114,400. The local cost of living index is 84% of the national average.
What is the cost of living in Aberdeen, SD? ▼
Aberdeen has a cost of living index of 84% compared to the national average. This means a investment banker salary of $109,200 in Aberdeen has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Aberdeen? ▼
Most investment banker positions in Aberdeen 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.