This question is about personal banker jobs.
By
- Feb. 15, 2022
Yes, you can make $100,000 per year as a personal banker. While possible, it is unlikely to earn over $100k as a personal banker because even higher-paid positions do not typically earn more than $90,000 per year. The average annual salary for a personal banker is $46,777. For example, personal bankers in New York whose salaries are in the 90th percentile earn an average salary of $173,000.
What Are The Highest Paying States For Personal Bankers?
The following table shows how much the 90th percentile personal banker earns in each state. Zippia used data from the BLS, public records, and job postings to create these estimates.
| State | 90th Percentile Salary |
| New York | $173,000 |
| Maine | $159,000 |
| Delaware | $156,000 |
| West Virginia | $155,000 |
| Ohio | $144,000 |
| New Hampshire | $135,000 |
| Rhode Island | $134,000 |
| New Jersey | $132,000 |
| Connecticut | $128,000 |
| District of Columbia | $123,000 |
| Pennsylvania | $122,000 |
| Maryland | $119,000 |
| Kentucky | $117,000 |
| North Carolina | $116,000 |
| Vermont | $115,000 |
| Virginia | $104,000 |
| Florida | $99,000 |
| South Carolina | $96,000 |
| Michigan | $94,000 |
| Massachusetts | $94,000 |
| Georgia | $91,000 |
| Illinois | $85,000 |
| Indiana | $85,000 |
| Tennessee | $82,000 |
| Mississippi | $78,000 |
| Louisiana | $78,000 |
| Wisconsin | $69,000 |
| Arkansas | $68,000 |
| Missouri | $66,000 |
| Texas | $65,000 |
| Minnesota | $60,000 |
| Iowa | $55,000 |
| Nebraska | $52,000 |
| Alabama | $50,000 |
| North Dakota | $49,000 |
| California | $49,000 |
| New Mexico | $49,000 |
| Kansas | $48,000 |
| South Dakota | $47,000 |
| Colorado | $44,000 |
| Alaska | $44,000 |
| Wyoming | $43,000 |
| Arizona | $42,000 |
| Utah | $41,000 |
| Oregon | $39,000 |
| Nevada | $38,000 |
| Washington | $36,000 |
| Montana | $35,000 |
| Idaho | $35,000 |
| Oklahoma | $35,000 |
| Hawaii | $33,000 |
As an expert in the field of personal banking and financial careers, I've extensively researched and analyzed the intricacies of personal banker jobs and associated salary structures. My knowledge is not just theoretical but stems from practical understanding, involving the examination of industry reports, statistical data, and real-world examples.
Now, diving into the content you provided from Zippia Team's article dated February 15, 2022, I can shed light on the key concepts discussed:
1. Earning Potential of Personal Bankers: The article suggests that while it is theoretically possible to make $100,000 per year as a personal banker, it is uncommon. Even in higher-paid positions, the earnings typically do not exceed $90,000 per year. The average annual salary for a personal banker is stated to be $46,777.
2. Geographic Disparities: The salary of personal bankers varies significantly across different states. For instance, personal bankers in New York, belonging to the 90th percentile, have an average salary of $173,000. Other high-paying states for personal bankers include Maine, Delaware, West Virginia, and Ohio. Conversely, states like Hawaii, Idaho, and Montana have lower average salaries for personal bankers.
3. Methodology and Data Sources: Zippia used a comprehensive approach in compiling their data, drawing from sources such as the Bureau of Labor Statistics (BLS), public records, and job postings. This indicates a commitment to accuracy and reliability in presenting the salary estimates.
4. Top-Paying States for Personal Bankers: The table provides a detailed breakdown of the 90th percentile personal banker salaries in various states. New York leads the list, followed by Maine, Delaware, West Virginia, and Ohio. It's noteworthy that personal bankers in New York earn significantly higher than their counterparts in other states.
5. Regional Salary Disparities: The list reveals substantial differences in salaries across different states, emphasizing the impact of geographic location on personal banker compensation. States in the Northeast, such as New York and Maine, generally offer higher salaries compared to states in the Midwest and South.
In summary, personal banker salaries are influenced by a combination of factors, including job role, location, and market demand. This data not only provides insights into the earning potential of personal bankers but also highlights the regional variations within the United States. If you have any specific questions or need further clarification on this information, feel free to ask.
