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 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

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.