Finance20% remote-eligible+3.9% YoY growth

Investment Banker Salary
by City (2026)

Advise corporations on mergers, acquisitions, and capital raising. National median: $180K/year. See how your city compares.

National median

$180K

Top 10% earn

$450K

Entry level

$120K

Salary growth

+3.9%/yr

Investment Banker salary by city

Sorted by median salary

City	Entry	Median	Senior	COL	Tax
San Francisco, CA	$180K	$270K	$420K	224	9.3%
San Jose, CA	$174K	$261K	$406K	210	9.3%
Jersey City, NJ	$170K	$256K	$398K	162	10.75%
New York City, NY	$170K	$254K	$396K	187	6.85%
Cambridge, MA	$168K	$253K	$393K	185	5%
Pearl City, HI	$168K	$253K	$393K	185	11%
Oakland, CA	$166K	$248K	$386K	185	9.3%
Washington, DC	$166K	$248K	$386K	152	8.5%
Bellevue, WA	$163K	$244K	$380K	175	None ✓
Newark, NJ	$162K	$243K	$378K	155	10.75%
Irvine, CA	$161K	$242K	$376K	172	9.3%
Boston, MA	$158K	$238K	$370K	162	5%
Yonkers, NY	$157K	$236K	$367K	165	6.85%
Bethesda, MD	$157K	$236K	$367K	165	5.75%
Los Angeles, CA	$156K	$234K	$364K	163	9.3%
Kirkland, WA	$156K	$234K	$364K	162	None ✓
Arlington, VA	$156K	$234K	$364K	148	5.75%
Seattle, WA	$154K	$230K	$358K	150	None ✓
Stamford, CT	$154K	$230K	$358K	158	6.99%
Hilo, HI	$152K	$228K	$355K	155	11%
San Diego, CA	$150K	$225K	$350K	148	9.3%
Santa Ana, CA	$149K	$224K	$348K	150	9.3%
Anaheim, CA	$148K	$222K	$346K	148	9.3%
Rockville, MD	$148K	$222K	$346K	148	5.75%
Long Beach, CA	$146K	$220K	$342K	155	9.3%
Alexandria, VA	$147K	$220K	$342K	145	5.75%
Elizabeth, NJ	$147K	$220K	$342K	145	10.75%
Chicago, IL	$144K	$216K	$336K	107	4.95%
Paterson, NJ	$144K	$216K	$335K	140	10.75%
Chula Vista, CA	$143K	$214K	$333K	138	9.3%
Edison, NJ	$143K	$214K	$333K	138	10.75%
Fairbanks, AK	$143K	$214K	$333K	138	None ✓
Sacramento, CA	$142K	$212K	$330K	128	9.3%
Miami, FL	$142K	$212K	$330K	123	None ✓
Scottsdale, AZ	$138K	$207K	$322K	118	2.5%
Denver, CO	$138K	$207K	$322K	118	4.55%
Worcester, MA	$138K	$207K	$322K	120	5%
Philadelphia, PA	$138K	$207K	$322K	110	3.07%
Portland, OR	$138K	$207K	$322K	130	9.9%
Baltimore, MD	$138K	$207K	$322K	115	5.75%
Hartford, CT	$138K	$207K	$322K	118	6.99%
Honolulu, HI	$138K	$207K	$322K	192	11%
Dallas, TX	$137K	$205K	$319K	96	None ✓
Plano, TX	$134K	$202K	$314K	105	None ✓
Atlanta, GA	$134K	$202K	$314K	99	5.75%
Minneapolis, MN	$134K	$202K	$314K	106	6.8%
New Haven, CT	$134K	$201K	$312K	122	6.99%
Nashua, NH	$133K	$199K	$310K	120	None ✓
Austin, TX	$132K	$198K	$308K	110	None ✓
Frisco, TX	$132K	$198K	$307K	118	None ✓
Riverside, CA	$132K	$198K	$307K	118	9.3%
Fort Lauderdale, FL	$132K	$198K	$308K	118	None ✓
Naperville, IL	$132K	$198K	$307K	118	4.95%
Tacoma, WA	$132K	$198K	$308K	128	None ✓
Vancouver, WA	$132K	$198K	$307K	118	None ✓
Lowell, MA	$132K	$198K	$307K	118	5%
Charlotte, NC	$132K	$198K	$308K	100	4.75%
Gresham, OR	$132K	$198K	$307K	118	9.9%
Bridgeport, CT	$132K	$198K	$307K	118	6.99%
Manchester, NH	$132K	$198K	$307K	118	None ✓
Burlington, VT	$132K	$198K	$307K	118	6.6%
Providence, RI	$132K	$198K	$307K	118	5.99%
Anchorage, AK	$132K	$198K	$308K	128	None ✓
Hialeah, FL	$130K	$195K	$304K	115	None ✓
Hollywood, FL	$130K	$195K	$304K	115	None ✓
Lakewood, CO	$130K	$195K	$304K	115	4.55%
Ann Arbor, MI	$130K	$195K	$304K	115	4.25%
Frederick, MD	$130K	$195K	$304K	115	5.75%
Portland, ME	$130K	$195K	$304K	115	7.15%
Concord, NH	$130K	$195K	$304K	115	None ✓
Warwick, RI	$130K	$195K	$304K	115	5.99%
Irving, TX	$130K	$194K	$302K	97	None ✓
McKinney, TX	$130K	$194K	$302K	108	None ✓
Aurora, CO	$130K	$194K	$302K	112	4.55%
St. Paul, MN	$130K	$194K	$302K	104	6.8%
Salt Lake City, UT	$130K	$194K	$302K	105	4.85%
Pembroke Pines, FL	$128K	$193K	$300K	112	None ✓
Fort Collins, CO	$128K	$193K	$300K	112	4.55%
Cary, NC	$128K	$193K	$300K	112	4.75%
Houston, TX	$127K	$191K	$297K	91	None ✓
Eugene, OR	$127K	$191K	$297K	110	9.9%
Round Rock, TX	$126K	$189K	$295K	108	None ✓
Tampa, FL	$126K	$189K	$294K	102	None ✓
Phoenix, AZ	$126K	$189K	$294K	100	2.5%
Chandler, AZ	$126K	$189K	$294K	105	2.5%
Gilbert, AZ	$126K	$189K	$295K	108	2.5%
Tempe, AZ	$126K	$189K	$295K	108	2.5%
Thornton, CO	$126K	$189K	$295K	108	4.55%
Raleigh, NC	$126K	$189K	$294K	102	4.75%
Durham, NC	$126K	$189K	$294K	100	4.75%
Nashville, TN	$126K	$189K	$294K	102	None ✓
Boise, ID	$126K	$189K	$295K	108	5.8%
Wilmington, DE	$126K	$189K	$295K	108	6.6%
Stockton, CA	$125K	$187K	$291K	105	9.3%
Springfield, MA	$125K	$187K	$291K	105	5%
Salem, OR	$125K	$187K	$291K	105	9.9%
Henderson, NV	$125K	$187K	$291K	105	None ✓
Meridian, ID	$125K	$187K	$291K	105	5.8%
Fort Worth, TX	$122K	$184K	$286K	93	None ✓
Carrollton, TX	$123K	$184K	$287K	102	None ✓
Orlando, FL	$122K	$184K	$286K	100	None ✓
Richmond, VA	$122K	$184K	$286K	98	5.75%
Provo, UT	$122K	$184K	$286K	100	4.85%
Missoula, MT	$123K	$184K	$287K	102	6.75%
Denton, TX	$122K	$183K	$284K	100	None ✓
San Bernardino, CA	$122K	$183K	$284K	100	9.3%
Cape Coral, FL	$122K	$183K	$284K	100	None ✓
Peoria, AZ	$122K	$183K	$284K	100	2.5%
Rochester, MN	$122K	$183K	$284K	100	6.8%
West Jordan, UT	$122K	$183K	$284K	100	4.85%
Overland Park, KS	$122K	$183K	$284K	100	5.7%
Dover, DE	$122K	$183K	$284K	100	6.6%
Albany, NY	$121K	$181K	$282K	98	6.85%
Port St. Lucie, FL	$121K	$181K	$282K	98	None ✓
Chesapeake, VA	$121K	$181K	$282K	98	5.75%
North Las Vegas, NV	$121K	$181K	$282K	98	None ✓
West Valley City, UT	$121K	$181K	$282K	98	4.85%
Orem, UT	$121K	$181K	$282K	98	4.85%
Nampa, ID	$121K	$181K	$282K	98	5.8%
Billings, MT	$121K	$181K	$282K	98	6.75%
Lewiston, ME	$121K	$181K	$282K	98	7.15%
Arlington, TX	$120K	$180K	$280K	94	None ✓
Garland, TX	$120K	$180K	$280K	91	None ✓
St. Petersburg, FL	$120K	$180K	$280K	105	None ✓
Mesa, AZ	$120K	$180K	$280K	98	2.5%
Columbus, OH	$120K	$180K	$280K	90	3.99%
Cincinnati, OH	$120K	$180K	$280K	88	3.99%
Pittsburgh, PA	$120K	$180K	$280K	90	3.07%
Las Vegas, NV	$120K	$180K	$280K	102	None ✓
Reno, NV	$120K	$180K	$280K	108	None ✓
Des Moines, IA	$120K	$180K	$280K	88	4.82%
Bakersfield, CA	$119K	$179K	$278K	95	9.3%
Aurora, IL	$119K	$179K	$278K	95	4.95%
Glendale, AZ	$119K	$179K	$278K	95	2.5%
Norfolk, VA	$119K	$179K	$278K	95	5.75%
Newport News, VA	$119K	$179K	$278K	95	5.75%
Allentown, PA	$119K	$179K	$278K	95	3.07%
North Charleston, SC	$119K	$179K	$278K	95	6.5%
Midland, TX	$117K	$176K	$274K	92	None ✓
Jacksonville, FL	$118K	$176K	$274K	93	None ✓
Athens, GA	$117K	$176K	$274K	92	5.75%
Virginia Beach, VA	$118K	$176K	$274K	98	5.75%
Kansas City, MO	$118K	$176K	$274K	90	5.3%
St. Louis, MO	$118K	$176K	$274K	86	5.3%
Madison, WI	$118K	$176K	$274K	102	5.3%
Duluth, MN	$117K	$176K	$274K	92	6.8%
Charleston, SC	$118K	$176K	$274K	105	6.5%
Greenville, SC	$117K	$176K	$274K	92	6.5%
Omaha, NE	$118K	$176K	$274K	88	5.84%
Cheyenne, WY	$117K	$176K	$274K	92	None ✓
Grand Prairie, TX	$116K	$175K	$272K	90	None ✓
Tallahassee, FL	$116K	$175K	$272K	90	None ✓
Joliet, IL	$116K	$175K	$272K	90	4.95%
Sterling Heights, MI	$116K	$175K	$272K	90	4.25%
Kenosha, WI	$116K	$175K	$272K	90	5.3%
Fargo, ND	$116K	$175K	$272K	90	2.5%
Pasadena, TX	$115K	$173K	$269K	88	None ✓
Mesquite, TX	$115K	$173K	$269K	88	None ✓
Syracuse, NY	$115K	$173K	$269K	88	6.85%
Gainesville, FL	$115K	$173K	$269K	88	None ✓
Colorado Springs, CO	$115K	$173K	$269K	102	4.55%
Greensboro, NC	$115K	$173K	$269K	88	4.75%
Chattanooga, TN	$115K	$173K	$269K	88	None ✓
Detroit, MI	$115K	$173K	$269K	82	4.25%
Indianapolis, IN	$115K	$173K	$269K	88	3.23%
Milwaukee, WI	$115K	$173K	$269K	90	5.3%
Green Bay, WI	$115K	$173K	$269K	88	5.3%
Lexington, KY	$115K	$173K	$269K	88	5%
Great Falls, MT	$115K	$173K	$269K	88	6.75%
Casper, WY	$115K	$173K	$269K	88	None ✓
Bismarck, ND	$115K	$173K	$269K	88	2.5%
Sioux Falls, SD	$115K	$173K	$269K	88	None ✓
Rapid City, SD	$115K	$173K	$269K	88	None ✓
San Antonio, TX	$114K	$171K	$266K	87	None ✓
Fresno, CA	$114K	$171K	$266K	102	9.3%
Buffalo, NY	$114K	$171K	$266K	88	6.85%
Rochester, NY	$114K	$171K	$266K	90	6.85%
Louisville, KY	$114K	$171K	$266K	85	5%
Huntsville, AL	$114K	$171K	$266K	88	5%
Beaumont, TX	$114K	$170K	$265K	85	None ✓
Odessa, TX	$114K	$170K	$265K	85	None ✓
Tyler, TX	$114K	$170K	$265K	85	None ✓
Winston-Salem, NC	$114K	$170K	$265K	85	4.75%
Warren, MI	$114K	$170K	$265K	85	4.25%
Lansing, MI	$114K	$170K	$265K	85	4.25%
Independence, MO	$114K	$170K	$265K	85	5.3%
Lafayette, LA	$114K	$170K	$265K	85	6%
Cedar Rapids, IA	$114K	$170K	$265K	85	4.82%
Kansas City, KS	$114K	$170K	$265K	85	5.7%
Lincoln, NE	$114K	$170K	$265K	85	5.84%
Rio Rancho, NM	$114K	$170K	$265K	85	5.9%
Fayetteville, AR	$114K	$170K	$265K	85	4.9%
Amarillo, TX	$112K	$168K	$261K	82	None ✓
Waco, TX	$112K	$168K	$261K	82	None ✓
Pueblo, CO	$112K	$168K	$261K	82	4.55%
Columbus, GA	$112K	$168K	$261K	82	5.75%
Augusta, GA	$112K	$168K	$261K	82	5.75%
Fayetteville, NC	$112K	$168K	$261K	82	4.75%
Clarksville, TN	$112K	$168K	$261K	82	None ✓
South Bend, IN	$112K	$168K	$261K	82	3.23%
Mobile, AL	$112K	$168K	$261K	82	5%
Broken Arrow, OK	$112K	$168K	$261K	82	4.75%
Davenport, IA	$112K	$168K	$261K	82	4.82%
Killeen, TX	$111K	$166K	$259K	80	None ✓
Rockford, IL	$111K	$166K	$259K	80	4.95%
Macon, GA	$111K	$166K	$259K	80	5.75%
Cleveland, OH	$110K	$166K	$258K	82	3.99%
Akron, OH	$111K	$166K	$259K	80	3.99%
Dayton, OH	$111K	$166K	$259K	80	3.99%
Erie, PA	$111K	$166K	$259K	80	3.07%
Springfield, MO	$111K	$166K	$259K	80	5.3%
Fort Wayne, IN	$111K	$166K	$259K	80	3.23%
Bowling Green, KY	$111K	$166K	$259K	80	5%
Birmingham, AL	$110K	$166K	$258K	82	5%
Montgomery, AL	$111K	$166K	$259K	80	5%
Norman, OK	$111K	$166K	$259K	80	4.75%
New Orleans, LA	$110K	$166K	$258K	92	6%
Las Cruces, NM	$111K	$166K	$259K	80	5.9%
Gulfport, MS	$111K	$166K	$259K	80	5%
Abilene, TX	$110K	$165K	$256K	78	None ✓
Toledo, OH	$110K	$165K	$256K	78	3.99%
Evansville, IN	$110K	$165K	$256K	78	3.23%
Shreveport, LA	$110K	$165K	$256K	78	6%
Jackson, MS	$110K	$165K	$256K	78	5%
Charleston, WV	$110K	$165K	$256K	78	6.5%
Brownsville, TX	$108K	$162K	$252K	75	None ✓
Spokane, WA	$108K	$162K	$252K	95	None ✓
Memphis, TN	$108K	$162K	$252K	82	None ✓
Grand Rapids, MI	$108K	$162K	$252K	90	4.25%
Columbia, SC	$108K	$162K	$252K	88	6.5%
Oklahoma City, OK	$108K	$162K	$252K	82	4.75%
Baton Rouge, LA	$108K	$162K	$252K	88	6%
Fort Smith, AR	$108K	$162K	$252K	75	4.9%
Huntington, WV	$108K	$162K	$252K	75	6.5%
Corpus Christi, TX	$106K	$158K	$246K	84	None ✓
Tucson, AZ	$106K	$158K	$246K	90	2.5%
Savannah, GA	$106K	$158K	$246K	92	5.75%
Knoxville, TN	$106K	$158K	$246K	85	None ✓
Tulsa, OK	$106K	$158K	$246K	80	4.75%
Albuquerque, NM	$106K	$158K	$246K	88	5.9%
Wichita, KS	$103K	$155K	$241K	82	5.7%
El Paso, TX	$102K	$153K	$238K	82	None ✓
Little Rock, AR	$102K	$153K	$238K	82	4.9%
Lubbock, TX	$98K	$148K	$230K	78	None ✓
Laredo, TX	$94K	$140K	$218K	76	None ✓

COL-adjusted: where does your salary go furthest?

A $180K Investment Banker salary in Houston (COL 91, no tax) has significantly more purchasing power than the same salary in San Francisco (COL 224, 9.3% state tax). Use our calculator to see the real numbers.

Try COL Calculator →

Investment Banker Salary Guide (2026)

The national median salary for a Investment Banker is $180,000 per year. Entry-level positions typically start at $120,000, while experienced professionals in the top 25% earn $280,000 or more. The highest-paid 10% of Investment Bankers nationally earn $450,000+.

Education and requirements

Bachelor's in Finance or Economics; MBA at senior levels. This role is 20% remote-eligible nationally, which significantly expands the geographic job market for workers in lower cost-of-living cities.

Salary growth outlook

Investment Banker compensation is growing at 3.9% annually, above the national average wage growth rate.

Investment Banker salary FAQ

How much does a Investment Banker make?

The median Investment Banker salary in the US is $180,000 per year — about $87/hour. Most earn between $120,000 (25th percentile) and $280,000 (75th percentile).

What is the starting salary for a Investment Banker?

Entry-level Investment Banker positions typically start around $120,000 per year. Pay rises with experience, specialization, and location.

How much do the highest-paid Investment Bankers earn?

The top 10% of Investment Bankers earn $450,000 or more per year — usually senior, lead, or specialized professionals in high-cost or high-demand markets.

Which city pays Investment Bankers the most?

San Francisco has the highest median Investment Banker salary at $270K among the cities we track. But high-cost metros like San Francisco and New York often have lower real purchasing power once cost of living and taxes are factored in.

Are Investment Banker salaries going up?

Yes — Investment Banker pay is growing about 3.9% year over year, above the US average wage-growth rate.

Investment Banker Salaryby City (2026)