Executive responsible for banking products, operations, and client relationships. Median salary in Yonkers: $295K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Yonkers, New York. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
VP of Bankings in Yonkers earn approximately 31% higher than the US national median for this role — a $70,000 premium on annual base salary. This reflects Yonkers's position as a higher-cost labor market where employers must match local wage norms.
Adjusted for Yonkers's cost-of-living index (165), the median VP of Banking salary buys the equivalent of $178,788 in a US-average-cost city. That's $46,212 less purchasing power than the national median — the higher nominal salary doesn't fully offset local costs.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $295K by 2030.
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The median VP of Banking salary in Yonkers, NY is $295,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Yonkers–NY 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.
Entry-level VP of Bankings in Yonkers with 0–2 years of experience typically earn between $226,000 and $295,000 annually. Mid-career professionals with 3–7 years command $295,000 to $380,000, while senior-level practitioners with 8+ years of experience regularly earn $380,000 to $492,000 or more.
Yonkers has a cost of living index of 165 compared to the US national average of 100. Yonkers's cost of living is above the US average, so the salary figures above reflect local market rates. New York has a 6.85% state income tax rate.
Bachelor's in Finance; MBA; 15+ years banking. 25% of these roles offer some remote flexibility.