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Job outlook for business bankers in the United States
Business banker job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected business banker job growth rate is 10% from 2018-2028.
About 47,700 new jobs for business bankers are projected over the next decade.
Business banker salaries have increased -4% for business bankers in the last 5 years.
There are over 42,949 business bankers currently employed in the United States.
There are 70,054 active business banker job openings in the US.
The average business banker salary is $69,423.
Are business banker jobs in demand?
Business banker job and salary trends over time
Business banker jobs over time
Business banker job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 42,949 | 0.01% |
| 2020 | 40,561 | 0.01% |
| 2019 | 40,174 | 0.01% |
| 2018 | 40,122 | 0.01% |
| 2017 | 38,183 | 0.01% |
Average business banker salary over time
Business banker salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $69,423 | $33.38 | +4.0% |
| 2025 | $66,743 | $32.09 | --2.9% |
| 2024 | $68,726 | $33.04 | +0.5% |
| 2023 | $68,362 | $32.87 | --5.2% |
| 2022 | $72,145 | $34.69 | --5.9% |
Business banker jobs by state
Most common states for business bankers
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | Vermont | 623,657 | 184 | 30% |
| 2 | New Hampshire | 1,342,795 | 288 | 21% |
| 3 | Alaska | 739,795 | 145 | 20% |
| 4 | Wyoming | 579,315 | 114 | 20% |
| 5 | Utah | 3,101,833 | 570 | 18% |
| 6 | South Dakota | 869,666 | 158 | 18% |
| 7 | Minnesota | 5,576,606 | 966 | 17% |
| 8 | Maine | 1,335,907 | 227 | 17% |
| 9 | Maryland | 6,052,177 | 996 | 16% |
| 10 | Iowa | 3,145,711 | 508 | 16% |
| 11 | Nebraska | 1,920,076 | 316 | 16% |
| 12 | Montana | 1,050,493 | 168 | 16% |
| 13 | Wisconsin | 5,795,483 | 873 | 15% |
| 14 | Kansas | 2,913,123 | 437 | 15% |
| 15 | Pennsylvania | 12,805,537 | 1,856 | 14% |
| 16 | Ohio | 11,658,609 | 1,602 | 14% |
| 17 | Arkansas | 3,004,279 | 416 | 14% |
| 18 | Indiana | 6,666,818 | 876 | 13% |
| 19 | Missouri | 6,113,532 | 799 | 13% |
| 20 | Alabama | 4,874,747 | 601 | 12% |
Most common cities for business bankers
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Paducah | 2 | 8% | $60,410 |
| 2 | Eagan | 4 | 6% | $86,794 |
| 3 | Hallandale Beach | 2 | 5% | $60,015 |
| 4 | Highlands Ranch | 4 | 4% | $65,911 |
| 5 | Bethesda | 2 | 3% | $50,487 |
| 6 | Scottsdale | 4 | 2% | $60,269 |
| 7 | Newton | 2 | 2% | $74,251 |
| 8 | Colorado Springs | 3 | 1% | $66,056 |
| 9 | Tampa | 3 | 1% | $59,417 |
| 10 | Glendale | 2 | 1% | $60,451 |
| 11 | Grand Rapids | 2 | 1% | $50,145 |
| 12 | Phoenix | 6 | 0% | $60,400 |
| 13 | Chicago | 3 | 0% | $82,016 |
| 14 | Denver | 3 | 0% | $65,813 |
| 15 | San Antonio | 3 | 0% | $74,595 |
| 16 | Charlotte | 2 | 0% | $57,123 |
| 17 | Dallas | 2 | 0% | $70,918 |
| 18 | Miami | 2 | 0% | $60,104 |
| 19 | San Diego | 2 | 0% | $72,445 |
Business Banker job outlook: Expert opinions
Our panel of business banker experts
Marymount Manhattan College
Will there be an increase or decrease in demand for Business Bankers in the next 5 years?
Dr. Vandana Rao Ph.D.: There will be a need for grads with a high degree of comfort with technology - the ability to innovate and adapt and thrive, even amidst uncertainty, will be invaluable.