Personal Banking Salary Trends and Insights

Personal banking salary trends are influenced by factors such as location and industry.

In the United States, the median salary for a personal banker is around $62,000 per year.

According to the Bureau of Labor Statistics, employment of personal bankers is projected to grow 3% from 2020 to 2030, which is slower than the average for all occupations.

According to estimates from across the web, the highest-paying cities for personal bankers are New York, NY, Portland, ME, and Kansas City, KS. These cities offer the highest average salaries for personal bankers, with New York, NY, having an average salary of $52,125.

The table below shows the top 5 cities for personal bankers, along with their average salaries and hourly rates:

These cities are followed closely by other high-paying areas, including Oakland, CA, and Chicago, IL, which have average salaries of $40,252 and $39,467, respectively.

The average personal banker salary has fallen by $4,236 over the last ten years. This works out to a -4% change in pay for personal bankers over the last decade.

According to recent data, the average personal banker salary in 2014 was $41,875 annually. Today, they earn $37,639 a year.

Here's a snapshot of recent personal banker salaries from various companies:

These figures give you an idea of the range of salaries for personal bankers in different locations.

Over the last decade, the average personal banker salary has fallen by $4,236, from $41,875 in 2014 to $37,639 today.

This decline in pay is a significant change, with a -4% change in pay for personal bankers over the last decade.

If you're thinking about pursuing a career in this field, you should be aware that advertised salaries for personal bankers have decreased 8% over the past three years.

The national average salary for personal bankers is a good benchmark to compare with individual cities or states, which can have varying salaries.

Comparing personal banker salaries for cities or states with the national average over time can give you a better understanding of the current market.

The national average salary for personal bankers has been steadily decreasing, with a significant drop in the last decade.

If you're a personal banker looking to boost your salary, you might want to consider moving to New York, which tops the list with an average salary of $51,985.

New York is followed closely by Rhode Island, where personal bankers can earn an average of $44,954 per year. The next highest paying states are Pennsylvania, Ohio, and Maine, with average salaries of $41,103, $36,073, and $49,405 respectively.

Here are the top 5 highest paying states for personal bankers:

Keep in mind that salaries can vary depending on factors like location, experience, and industry, so these numbers are just a rough guide.

If you're a personal banker looking to boost your salary, you'll want to consider moving to New York, NY, where the average salary is a whopping $52,125.

New York, NY takes the top spot as the highest paying city for personal bankers, with an average hourly rate of $25.06.

Portland, ME comes in second with an average salary of $49,745, and an hourly rate of $23.92.

Kansas City, KS is a close third, offering an average salary of $42,732 and an hourly rate of $20.54.

The top five cities for personal bankers are New York, NY, Portland, ME, Kansas City, KS, Oakland, CA, and Chicago, IL.

Here are the top 5 cities for personal bankers, ranked by average salary:

Job growth is a crucial factor to consider when thinking about a career path. The job market for personal bankers is expected to see a significant increase in the coming years.

According to the data, there were 496,027 jobs for personal bankers in the United States in 2023. The number of jobs is projected to grow by 48,856 over the next 10 years, which is a 9.8% increase.

Personal bankers earn the highest average salary in New York.

The salary for a personal banker varies greatly depending on location. For example, a personal banker in Waterville, WA earns $35,479, while one in Los Angeles, CA earns $56,300.

According to recent data, the median salary is just one data point, and it can be helpful to look at the full range of compensation for those jobs.

Here are some recent salaries for personal bankers at various companies: