FinanceUpdated Q1 2026

Investment Banker Salary
in St. Paul, MN

Advise corporations on mergers, acquisitions, and capital raising. Median salary in St. Paul: $194K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$194K
per year
Take-home: $123K

Salary range in St. Paul

Entry level (25th)$130,000
Median (50th)$194,000
Senior (75th)$302,000
Top earner (90th)$486,000
Data freshness

Figures represent annual base salary in St. Paul, Minnesota. Reviewed by SalaryOptics Editorial Β· How we calculate this β†’

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What the numbers say for St. Paul

Analysis derived from the salary, COL, tax, and labor-market figures above β€” specific to this role and city.

8% premium vs national median

Investment Bankers in St. Paul earn approximately 8% higher than the US national median for this role β€” a $14,000 premium on annual base salary. This reflects St. Paul's position as a higher-cost labor market where employers must match local wage norms.

Cost-of-living adjusted picture

Adjusted for St. Paul's cost-of-living index (104), the median Investment Banker salary buys the equivalent of $186,538 in a US-average-cost city. That's $6,538 more purchasing power than the national median β€” a meaningful real-wage advantage.

Key facts for St. Paul

Median salary
$194K
annual
Take-home pay
$123K
after fed/state tax
COL index
104
100 = US avg
State income tax
6.8%
effective rate
Avg 1BR rent
$1,380
per month
YoY growth
+3.9%
salary trend

Salary forecast: St. Paul Investment Banker to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $223K by 2030.

Salary trend & forecast β€” St. Paul

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Investment Banker salary trend 2019–2030PROJECTED β†’$162K$179K$196K$213K$230K201920212023202520272029
2026
$201K
projected
2027
$208K
projected
2028
$215K
projected
2029
$223K
projected
2030
$230K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$201,000+$7,000
2028 projected$208,000+$14,000
2029 projected$215,000+$21,000
2030 projected$223,000+$29,000

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Investment Banker Salary in St. Paul, Minnesota: Complete Guide (2026)

The median Investment Banker salary in St. Paul, MN is $194,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the St. Paul–MN metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Investment Banker in St. Paul

Entry-level Investment Bankers in St. Paul with 0–2 years of experience typically earn between $130,000 and $194,000 annually. Mid-career professionals with 3–7 years command $194,000 to $302,000, while senior-level practitioners with 8+ years of experience regularly earn $302,000 to $486,000 or more.

Cost of living in St. Paul for Investment Bankers

St. Paul has a cost of living index of 104 compared to the US national average of 100. Living costs in St. Paul are close to the national average. Minnesota has a 6.8% state income tax rate.

Education requirements for Investment Banker

Bachelor's in Finance or Economics; MBA at senior levels. 20% of these roles offer some remote flexibility.

Investment Banker salary in nearby cities

CityMedian salaryCOL index
St. Paul (current)$194K104
Minneapolis$202K106
Rochester$180K100
Duluth$166K92