Home / City Job Salaries / Investment Banker in Milwaukee

Investment Banker Salary in Milwaukee, WI

How much does a investment banker make in Milwaukee? Explore median, entry-level, and senior salaries adjusted for Milwaukee's cost of living.

Median Salary
$91,270
per year in Milwaukee
Entry Level
$50,052
Starting salary
Senior Level
$147,210
Experienced professionals
Cost of Living
96
4% below national avg

Salary Breakdown by Experience Level

See how investment banker salaries break down across different pay periods in Milwaukee.

PeriodEntry LevelMedianSenior
Annual$50,052$91,270$147,210
Monthly$4,171$7,606$12,268
Biweekly$1,925$3,510$5,662
Weekly$963$1,755$2,831
Hourly$24$44$71

Milwaukee vs National Average

How Milwaukee's investment banker salaries compare to national figures.

Milwaukee Salary
$91,270
COL Index: 96
National Average
$83,200
COL Index: 100
Difference
+$8,070
Higher in Milwaukee

Cost of Living in Milwaukee

1-Bedroom Rent
$1,300
per month
Median Income
$51,234
per year
Population
577,222
residents
Rent % of Income
30.4%
median household
Cost of Living Index: 96 — A score of 100 represents the U.S. average. Salaries in Milwaukee have been adjusted to account for local cost differences.

About Investment Banker

Overview

Advise companies on mergers, acquisitions, and capital raising.

Education

Bachelor's degree in Finance or related field; MBA advantageous

Key Skills

Financial ModelingValuationDeal StructuringClient Relations

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Investment Banker Salary

See Investment Banker salaries in other top cities.

New York, NY
$128,490
+41%
Los Angeles, CA
$102,660
+12%
Chicago, IL
$102,790
+13%
Houston, TX
$98,310
+8%
Phoenix, AZ
$91,140
0%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a investment banker salary in Milwaukee.

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Milwaukee.

Budget Calculator

Create a personalized budget based on your income and expenses.

Rent vs Buy Calculator

Compare the true costs of renting versus buying in Milwaukee.

Investment Banker Salary in Milwaukee, WI — Complete Guide

Median Salary Overview

The median salary for a investment banker in Milwaukee, WI is $91,270 per year, adjusted for the local cost of living index of 96. This figure reflects typical earnings for experienced professionals in this role, considering Milwaukee's unique economic conditions.

Salary Range and Experience Levels

Entry-level investment banker professionals in Milwaukee can expect to earn around $50,052 annually. As professionals gain experience, salaries typically increase, with senior-level investment bankers earning approximately $147,210 per year. This represents a 194% increase from entry to senior level.

Cost of Living Adjustment

Milwaukee's cost of living index of 96 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Milwaukee are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $83,200, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a investment banker's salary in Milwaukee typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 17.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Investment Bankers are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Milwaukee, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.