How Much Do Personal Banking Managers Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary personal banking managers make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for personal banking managers and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of personal banking managers are offering as compensation.
Keep reading to learn more about how much personal banking managers can expect to make in the United States.
At a Glance: Salary & Jobs for Personal Banking Managers
According to data from 2023, there were about 68,234 positions for personal banking managers in the United States. In terms of salary, the national median salary for personal banking managers was reported to be $84,302. Additionally, when examining job demand, employers across the country posted 5,381 job postings related to positions for personal banking managers.
How Much Money Do Personal Banking Managers Make?
Median salary is just one data point. To build a better understanding of how much money personal banking managers and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for personal banking managers.
Annual Salary for Personal Banking Managers
According to the BLS, the lowest earners for personal banking managers and related professions earned about $49,712 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $165,672 annually.
As mentioned previously, the median salary for personal banking managers in the United States in 2023 was $84,302.
Annual Salary Range For Personal Banking Managers In 2023
Hourly Salary for Personal Banking Managers
The BLS also breaks down compensation for personal banking managers by hourly salary, and the median average hourly pay for personal banking managers in 2023 was $41. Lowest hourly earners took home $24 while the highest reported hourly salaries for personal banking managers was $80.
Hourly Salary Range For Personal Banking Managers In 2023
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Advertised Compensation for Personal Banking Managers
Data from the BLS is one way to dig into compensation for personal banking managers, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for personal banking managers.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Personal Banking Managers
Advertised Annual Salary
During a review of 6,388 job postings related to personal banking managers, advertised salary was included in 2,231 of them, which was 35%. Based on those postings, the median advertised salary for personal banking managers was $82,816 per year.
Hourly Salary from Job Postings for Personal Banking Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for personal banking managers. Based on 41% of postings with advertised compensation, the median hourly salary for open positions for personal banking managers in the United States is about $40.
Salary Trend for Personal Banking Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for personal banking managers. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for personal banking managers dating back to September 2020, advertised salaries for personal banking managers have increased 20%.
Advertised Wage Trend For Personal Banking Managers
What's the Job Growth for Personal Banking Managers?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for personal banking managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 68,305 jobs for personal banking managers in the United States in 2023. By 2033, it is expected that about 14,169 jobs will be added. That's a 20.7% increase over the next 10-year period.
Employment Projections For Personal Banking Managers
Additional Links
Ready to dig deeper into career information about personal banking managers? Visit our other pages focused on salary and education for personal banking managers.
What do personal banking managers do?
Personal Banking Managers: How do you become one?
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