Average Salary for Luther College Alumni

Around 2,000 people attend Luther College, an Evangelical Lutheran Church institution based in Decorah, Iowa. Undergraduate study in the liberal arts and sciences is popular here. The data for this snapshot was collected from Luther graduates who took PayScale's salary survey.

Read More

Overall College ROI Rank

1121
out of 1223
See full list

ROI Rank for Private not-for-profit Universities

358
out of 402
 

Mid-Career Salary Rank for Liberal Arts

107
out of 119

Typical Early Career Salary

$45,700
Luther College Alumni

Median Salary by Job

Job
National Salary Data (?
XAll compensation data shown are the gross, national median (50th percentile). Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Web Designer
3 salaries
$35,964  
   
Senior Web Designer
2 salaries
$35,350  
Corporate Controller
2 salaries
$83,952  
Financial Controller
2 salaries
$80,781  
Business Analyst, IT
2 salaries
$70,944  
Human Resources (HR) Manager
2 salaries
$65,249  
Country: United States | Currency: USD | Updated: 25 May 2015 | Individuals Reporting: 67
United States (change)
United States (change)


Comp Managers: Start Here »

About This School

700 College Drive
Decorah, IA 52101-1045

admissions.luther.edu/

2,466

Private School, Liberal Arts, Religious

76 %

18 %

21 %

18 %


Freebase CC-BY Source: Freebase, licensed under CC-BY; IPEDS (As of January, 2015)

Industry

Former Luther students are professionally suited for a wide range of fields including the banking industry, the manufacturing industry, and magazine publishing. The most popular career sector among alumni is the retail industry. Luther graduates see an average starting salary of around $55K.

Jobs

The most lucrative professionals among Luther alumni are Corporate Controllers; they earn a median annual salary of approximately $84K. Also approaching the top of the pay scale at about $81K and $71K, respectively, are Financial Controllers and IT Business Analysts. Salaries are anything but generous for Senior Web Designers, whose earnings rank lowest on the pay scale at $35K.

Locations

Many Luther grads end up living in Minneapolis, Minn., deeming it the most popular city for former students of this school. Des Moines, Iowa is another hot spot for Luther grads, where salaries rank at the top of the pay scale (compensation averages out to $119K). Though Rochester, Minn. takes the cake for lowest pay among Luther grads (the median salary is $48K there), it remains a common destination for former students. Other cities of interest among Luther alumni include nearby Decorah, Iowa and Iowa City, Iowa.

Degree Major

Among the highest-paid Luther alumni are those with a Bachelor of Accountancy (BAcc), Accounting — they earn close to $101K on average per year. Those with a B.A. in Bachelor of Arts (BA) face salaries on the lower end, coming in at an average $36K per year.

Skills

Knowledge of Budget Management seems to be related to bigger paychecks; in fact, skilled alumni bring in salaries that are 48 percent more than their former classmates' salaries (around $82K). Many former Luther students are familiar with Microsoft Office, and nearly one in seven grads move on to positions where this experience is utilized. Proficiency in Project Management, Microsoft Excel, and HTML command top-of-the-line rewards as well.

Benefits and Perks

Slightly less than half of the former students do get paid time off for vacation, but only about one-fourth of alumni get paid sick time. For this school, a large number of survey participants are the recipients of health benefits, and the larger part of former students pick up dental plans, too. Most respondents participate in a 401(k) retirement savings plan. Other benefits that Luther College alumni receive are life insurance, a casual working environment, flexible hours, and tuition reimbursement.

Related Schools

Compensation averages approximately $56K for Grinnell College alumni, making their earnings most comparable to Luther grads. Other schools similar to Luther include Carleton College, St Olaf College, and Ripon College.

Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores 1393 1828
ACT Scores 23 29

Key Stats for Luther College

Gender

Female
52 %
Male
48 %
Salary
$34,338 - $79,169
Salary
$36,495 - $80,695
Less than 1 year
5%
1-4 years
27%
5-9 years
28%
10-19 years
24%
20 years or more
16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

More Salary Charts for Luther College

United States (change)


Comp Managers: Start Here »
United States (change)

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon

ADVERTISEMENT

Recent Blog Posts on Career News

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.