Investment Banker Salary in Brookings, SD: $111,800 (2026)

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

Brookings offers a median investment banker salary of $111,800, which is $2,600 below the South Dakota state average of $114,400. Compared to the national median of $130,000, Brookings pays below the national benchmark for this role.

One of Brookings's biggest advantages is its low cost of living at 86% of the national average. This means the $111,800 salary stretches further here — equivalent to roughly $130,000 in an average-cost city. This makes Brookings an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Brookings spans from $64,500 at the 10th percentile to $275,200 at the 90th percentile — a $210,700 spread. Entry-level professionals start around $68,800, while senior investment bankers with 8+ years of experience can earn up to $258,000. Brookings is a smaller market (pop. 24,194), which may mean fewer openings but also less competition for available positions.

Investment Banker Salary in Brookings by Experience

In Brookings, an entry-level investment banker earns around $68,800, while experienced professionals earn up to $258,000 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)

$68,800

$-11,200 vs national

Mid Level (3-7 yrs)

$116,100

$-18,900 vs national

Senior Level (8+ yrs)

$258,000

$-42,000 vs national

Percentile	Brookings	SD State	National
10th Percentile	$64,500	$66,000	$75,000
25th Percentile	$81,700	$83,600	$95,000
Median (50th)	$111,800	$114,400	$130,000
75th Percentile	$180,600	$184,800	$210,000
90th Percentile	$275,200	$281,600	$320,000

Percentile

Brookings

10th Percentile

$64,500

25th Percentile

$81,700

Median (50th)

$111,800

75th Percentile

$180,600

90th Percentile

$275,200

How to Become a Investment Banker in Brookings

Education

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

Frequently Asked Questions: Investment Banker Salary in Brookings

How much does a Investment Banker make in Brookings, SD? ▼

The median investment banker salary in Brookings, South Dakota is $111,800 per year, which is 14% below the national median of $130,000. Salaries range from $64,500 (10th percentile) to $275,200 (90th percentile).

How much does a Investment Banker make per hour in Brookings? ▼

Based on the median annual salary of $111,800, a investment banker in Brookings earns approximately $54 per hour assuming a standard 2,080-hour work year.

How does Brookings compare to the South Dakota state average for investment banker pay? ▼

Brookings's median investment banker salary of $111,800 is 2.3% below the South Dakota state average of $114,400. The local cost of living index is 86% of the national average.

What is the cost of living in Brookings, SD? ▼

Brookings has a cost of living index of 86% compared to the national average. This means a investment banker salary of $111,800 in Brookings has more purchasing power than the same salary in an average-cost city.

What qualifications do I need to become a investment banker in Brookings? ▼

Most investment banker positions in Brookings 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.

Investment Banker Salary in Brookings, South Dakota