Investment Banker Salary in Minneapolis, MN
Investment Banker salary data for Minneapolis, MN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
Investment Banker Salary in Minneapolis, MN — 2026
The median Investment Banker salary in Minneapolis, MN is $150,960 per year ($12,580/month, $73/hr). This reflects the local cost of living index of 102, which is 2% above the national average.
Investment Banker Take-Home Pay in Minneapolis
Tax Breakdown (Median Salary)
| Gross Annual | $150,960 |
| Federal Tax | -$25,477 |
| State Tax (6.8%) | -$10,265 |
| FICA (SS + Medicare) | -$11,548 |
| Annual Take-Home | $103,669 |
| Monthly Take-Home | $8,639 |
Living Cost Comparison
Investment Banker Requirements
Key Skills
Minneapolis Job Market Overview
Minneapolis, Minnesota has a population of 429,954 and an unemployment rate of 2.8%. The top industries are Finance, Healthcare, Technology. The local job growth rate is 2.0%, and the average commute time is 25 minutes.
Related Finance Salaries in Minneapolis
Investment Banker Salary in Nearby Minnesota Cities
Frequently Asked Questions
What is the average Investment Banker salary in Minneapolis, MN?
How much does a Investment Banker take home in Minneapolis after taxes?
Is Minneapolis a good city for Investment Bankers?
What skills are needed for a Investment Banker in Minneapolis?
How does Investment Banker salary in Minneapolis compare to the national average?
Calculate Your Exact Take-Home Pay
Use our free paycheck calculator to see your after-tax income based on your specific salary, deductions, and filing status.
Calculate NowExplore More
Frequently Asked Questions
What is the average Investment Banker salary in Minneapolis, MN?
The median Investment Banker salary in Minneapolis, MN is $150,960 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Investment Bankers earn around $100,980, while senior-level professionals can earn $264,180 or more.
How much does a Investment Banker take home in Minneapolis after taxes?
A Investment Banker earning the median salary of $150,960 in Minneapolis, MN takes home approximately $103,669 per year ($8,639/month) after federal, state, and local taxes. The effective tax rate is 31.3%.
Is Minneapolis a good city for Investment Bankers?
Minneapolis, MN has a cost of living index of 102 (above national average). Investment Bankers here earn above the city median. The local unemployment rate is 2.8% and top industries include Finance, Healthcare, Technology.
What skills are needed for a Investment Banker in Minneapolis?
Key skills for Investment Bankers include Financial Modeling, M&A, Capital Markets, Valuation, Pitchbooks. Typical education requirement is Bachelor's Degree. Valuable certifications include Series 79, CFA, Series 63.
How does Investment Banker salary in Minneapolis compare to the national average?
The national median Investment Banker salary is $148,000. In Minneapolis, the adjusted salary is $150,960, which is 2.0% higher than the national average, reflecting the local cost of living.