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% |
| Oakland, CA | $166K | $248K | $386K | 185 | 9.3% |
| Washington, DC | $166K | $248K | $386K | 152 | 8.5% |
| Newark, NJ | $162K | $243K | $378K | 155 | 10.75% |
| Boston, MA | $158K | $238K | $370K | 162 | 5% |
| Los Angeles, CA | $156K | $234K | $364K | 163 | 9.3% |
| Arlington, VA | $156K | $234K | $364K | 148 | 5.75% |
| Seattle, WA | $154K | $230K | $358K | 150 | None ✓ |
| San Diego, CA | $150K | $225K | $350K | 148 | 9.3% |
| Long Beach, CA | $146K | $220K | $342K | 155 | 9.3% |
| Chicago, IL | $144K | $216K | $336K | 107 | 4.95% |
| 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% |
| Austin, TX | $132K | $198K | $308K | 110 | None ✓ |
| Fort Lauderdale, FL | $132K | $198K | $308K | 118 | None ✓ |
| Tacoma, WA | $132K | $198K | $308K | 128 | None ✓ |
| Charlotte, NC | $132K | $198K | $308K | 100 | 4.75% |
| Anchorage, AK | $132K | $198K | $308K | 128 | None ✓ |
| 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% |
| Houston, TX | $127K | $191K | $297K | 91 | None ✓ |
| Tampa, FL | $126K | $189K | $294K | 102 | None ✓ |
| Phoenix, AZ | $126K | $189K | $294K | 100 | 2.5% |
| Chandler, AZ | $126K | $189K | $294K | 105 | 2.5% |
| Raleigh, NC | $126K | $189K | $294K | 102 | 4.75% |
| Durham, NC | $126K | $189K | $294K | 100 | 4.75% |
| Nashville, TN | $126K | $189K | $294K | 102 | None ✓ |
| Fort Worth, TX | $122K | $184K | $286K | 93 | None ✓ |
| Orlando, FL | $122K | $184K | $286K | 100 | None ✓ |
| Richmond, VA | $122K | $184K | $286K | 98 | 5.75% |
| Provo, UT | $122K | $184K | $286K | 100 | 4.85% |
| Arlington, TX | $120K | $180K | $280K | 94 | None ✓ |
| Garland, TX | $120K | $180K | $280K | 91 | None ✓ |
| Amarillo, TX | $120K | $180K | $280K | 82 | None ✓ |
| Grand Prairie, TX | $120K | $180K | $280K | 90 | None ✓ |
| Frisco, TX | $120K | $180K | $280K | 118 | None ✓ |
| Brownsville, TX | $120K | $180K | $280K | 75 | None ✓ |
| Pasadena, TX | $120K | $180K | $280K | 88 | None ✓ |
| Mesquite, TX | $120K | $180K | $280K | 88 | None ✓ |
| Killeen, TX | $120K | $180K | $280K | 80 | None ✓ |
| Midland, TX | $120K | $180K | $280K | 92 | None ✓ |
| Waco, TX | $120K | $180K | $280K | 82 | None ✓ |
| Abilene, TX | $120K | $180K | $280K | 78 | None ✓ |
| Beaumont, TX | $120K | $180K | $280K | 85 | None ✓ |
| Round Rock, TX | $120K | $180K | $280K | 108 | None ✓ |
| Denton, TX | $120K | $180K | $280K | 100 | None ✓ |
| Odessa, TX | $120K | $180K | $280K | 85 | None ✓ |
| Carrollton, TX | $120K | $180K | $280K | 102 | None ✓ |
| Tyler, TX | $120K | $180K | $280K | 85 | None ✓ |
| Bakersfield, CA | $120K | $180K | $280K | 95 | 9.3% |
| Anaheim, CA | $120K | $180K | $280K | 148 | 9.3% |
| Santa Ana, CA | $120K | $180K | $280K | 150 | 9.3% |
| Riverside, CA | $120K | $180K | $280K | 118 | 9.3% |
| Stockton, CA | $120K | $180K | $280K | 105 | 9.3% |
| Chula Vista, CA | $120K | $180K | $280K | 138 | 9.3% |
| Irvine, CA | $120K | $180K | $280K | 172 | 9.3% |
| San Bernardino, CA | $120K | $180K | $280K | 100 | 9.3% |
| New York City, NY | $120K | $180K | $280K | 187 | 6.85% |
| Yonkers, NY | $120K | $180K | $280K | 165 | 6.85% |
| Syracuse, NY | $120K | $180K | $280K | 88 | 6.85% |
| Albany, NY | $120K | $180K | $280K | 98 | 6.85% |
| St. Petersburg, FL | $120K | $180K | $280K | 105 | None ✓ |
| Hialeah, FL | $120K | $180K | $280K | 115 | None ✓ |
| Port St. Lucie, FL | $120K | $180K | $280K | 98 | None ✓ |
| Cape Coral, FL | $120K | $180K | $280K | 100 | None ✓ |
| Tallahassee, FL | $120K | $180K | $280K | 90 | None ✓ |
| Pembroke Pines, FL | $120K | $180K | $280K | 112 | None ✓ |
| Hollywood, FL | $120K | $180K | $280K | 115 | None ✓ |
| Gainesville, FL | $120K | $180K | $280K | 88 | None ✓ |
| Aurora, IL | $120K | $180K | $280K | 95 | 4.95% |
| Joliet, IL | $120K | $180K | $280K | 90 | 4.95% |
| Naperville, IL | $120K | $180K | $280K | 118 | 4.95% |
| Rockford, IL | $120K | $180K | $280K | 80 | 4.95% |
| Vancouver, WA | $120K | $180K | $280K | 118 | None ✓ |
| Bellevue, WA | $120K | $180K | $280K | 175 | None ✓ |
| Kirkland, WA | $120K | $180K | $280K | 162 | None ✓ |
| Mesa, AZ | $120K | $180K | $280K | 98 | 2.5% |
| Glendale, AZ | $120K | $180K | $280K | 95 | 2.5% |
| Gilbert, AZ | $120K | $180K | $280K | 108 | 2.5% |
| Tempe, AZ | $120K | $180K | $280K | 108 | 2.5% |
| Peoria, AZ | $120K | $180K | $280K | 100 | 2.5% |
| Fort Collins, CO | $120K | $180K | $280K | 112 | 4.55% |
| Lakewood, CO | $120K | $180K | $280K | 115 | 4.55% |
| Thornton, CO | $120K | $180K | $280K | 108 | 4.55% |
| Pueblo, CO | $120K | $180K | $280K | 82 | 4.55% |
| Columbus, GA | $120K | $180K | $280K | 82 | 5.75% |
| Augusta, GA | $120K | $180K | $280K | 82 | 5.75% |
| Athens, GA | $120K | $180K | $280K | 92 | 5.75% |
| Macon, GA | $120K | $180K | $280K | 80 | 5.75% |
| Springfield, MA | $120K | $180K | $280K | 105 | 5% |
| Cambridge, MA | $120K | $180K | $280K | 185 | 5% |
| Lowell, MA | $120K | $180K | $280K | 118 | 5% |
| Greensboro, NC | $120K | $180K | $280K | 88 | 4.75% |
| Winston-Salem, NC | $120K | $180K | $280K | 85 | 4.75% |
| Fayetteville, NC | $120K | $180K | $280K | 82 | 4.75% |
| Cary, NC | $120K | $180K | $280K | 112 | 4.75% |
| Norfolk, VA | $120K | $180K | $280K | 95 | 5.75% |
| Chesapeake, VA | $120K | $180K | $280K | 98 | 5.75% |
| Newport News, VA | $120K | $180K | $280K | 95 | 5.75% |
| Alexandria, VA | $120K | $180K | $280K | 145 | 5.75% |
| Chattanooga, TN | $120K | $180K | $280K | 88 | None ✓ |
| Clarksville, TN | $120K | $180K | $280K | 82 | None ✓ |
| Columbus, OH | $120K | $180K | $280K | 90 | 3.99% |
| Cincinnati, OH | $120K | $180K | $280K | 88 | 3.99% |
| Toledo, OH | $120K | $180K | $280K | 78 | 3.99% |
| Akron, OH | $120K | $180K | $280K | 80 | 3.99% |
| Dayton, OH | $120K | $180K | $280K | 80 | 3.99% |
| Warren, MI | $120K | $180K | $280K | 85 | 4.25% |
| Sterling Heights, MI | $120K | $180K | $280K | 90 | 4.25% |
| Ann Arbor, MI | $120K | $180K | $280K | 115 | 4.25% |
| Lansing, MI | $120K | $180K | $280K | 85 | 4.25% |
| Pittsburgh, PA | $120K | $180K | $280K | 90 | 3.07% |
| Allentown, PA | $120K | $180K | $280K | 95 | 3.07% |
| Erie, PA | $120K | $180K | $280K | 80 | 3.07% |
| Springfield, MO | $120K | $180K | $280K | 80 | 5.3% |
| Independence, MO | $120K | $180K | $280K | 85 | 5.3% |
| Fort Wayne, IN | $120K | $180K | $280K | 80 | 3.23% |
| Evansville, IN | $120K | $180K | $280K | 78 | 3.23% |
| South Bend, IN | $120K | $180K | $280K | 82 | 3.23% |
| Green Bay, WI | $120K | $180K | $280K | 88 | 5.3% |
| Kenosha, WI | $120K | $180K | $280K | 90 | 5.3% |
| Rochester, MN | $120K | $180K | $280K | 100 | 6.8% |
| Duluth, MN | $120K | $180K | $280K | 92 | 6.8% |
| Salem, OR | $120K | $180K | $280K | 105 | 9.9% |
| Eugene, OR | $120K | $180K | $280K | 110 | 9.9% |
| Gresham, OR | $120K | $180K | $280K | 118 | 9.9% |
| Las Vegas, NV | $120K | $180K | $280K | 102 | None ✓ |
| Henderson, NV | $120K | $180K | $280K | 105 | None ✓ |
| Reno, NV | $120K | $180K | $280K | 108 | None ✓ |
| North Las Vegas, NV | $120K | $180K | $280K | 98 | None ✓ |
| West Valley City, UT | $120K | $180K | $280K | 98 | 4.85% |
| West Jordan, UT | $120K | $180K | $280K | 100 | 4.85% |
| Orem, UT | $120K | $180K | $280K | 98 | 4.85% |
| Lexington, KY | $120K | $180K | $280K | 88 | 5% |
| Bowling Green, KY | $120K | $180K | $280K | 80 | 5% |
| Montgomery, AL | $120K | $180K | $280K | 80 | 5% |
| Mobile, AL | $120K | $180K | $280K | 82 | 5% |
| North Charleston, SC | $120K | $180K | $280K | 95 | 6.5% |
| Greenville, SC | $120K | $180K | $280K | 92 | 6.5% |
| Norman, OK | $120K | $180K | $280K | 80 | 4.75% |
| Broken Arrow, OK | $120K | $180K | $280K | 82 | 4.75% |
| Shreveport, LA | $120K | $180K | $280K | 78 | 6% |
| Lafayette, LA | $120K | $180K | $280K | 85 | 6% |
| Frederick, MD | $120K | $180K | $280K | 115 | 5.75% |
| Rockville, MD | $120K | $180K | $280K | 148 | 5.75% |
| Paterson, NJ | $120K | $180K | $280K | 140 | 10.75% |
| Elizabeth, NJ | $120K | $180K | $280K | 145 | 10.75% |
| Edison, NJ | $120K | $180K | $280K | 138 | 10.75% |
| Bridgeport, CT | $120K | $180K | $280K | 118 | 6.99% |
| New Haven, CT | $120K | $180K | $280K | 122 | 6.99% |
| Stamford, CT | $120K | $180K | $280K | 158 | 6.99% |
| Des Moines, IA | $120K | $180K | $280K | 88 | 4.82% |
| Cedar Rapids, IA | $120K | $180K | $280K | 85 | 4.82% |
| Davenport, IA | $120K | $180K | $280K | 82 | 4.82% |
| Overland Park, KS | $120K | $180K | $280K | 100 | 5.7% |
| Kansas City, KS | $120K | $180K | $280K | 85 | 5.7% |
| Lincoln, NE | $120K | $180K | $280K | 85 | 5.84% |
| Las Cruces, NM | $120K | $180K | $280K | 80 | 5.9% |
| Rio Rancho, NM | $120K | $180K | $280K | 85 | 5.9% |
| Boise, ID | $120K | $180K | $280K | 108 | 5.8% |
| Meridian, ID | $120K | $180K | $280K | 105 | 5.8% |
| Nampa, ID | $120K | $180K | $280K | 98 | 5.8% |
| Billings, MT | $120K | $180K | $280K | 98 | 6.75% |
| Missoula, MT | $120K | $180K | $280K | 102 | 6.75% |
| Great Falls, MT | $120K | $180K | $280K | 88 | 6.75% |
| Cheyenne, WY | $120K | $180K | $280K | 92 | None ✓ |
| Casper, WY | $120K | $180K | $280K | 88 | None ✓ |
| Fargo, ND | $120K | $180K | $280K | 90 | 2.5% |
| Bismarck, ND | $120K | $180K | $280K | 88 | 2.5% |
| Sioux Falls, SD | $120K | $180K | $280K | 88 | None ✓ |
| Rapid City, SD | $120K | $180K | $280K | 88 | None ✓ |
| Jackson, MS | $120K | $180K | $280K | 78 | 5% |
| Gulfport, MS | $120K | $180K | $280K | 80 | 5% |
| Fort Smith, AR | $120K | $180K | $280K | 75 | 4.9% |
| Fayetteville, AR | $120K | $180K | $280K | 85 | 4.9% |
| Charleston, WV | $120K | $180K | $280K | 78 | 6.5% |
| Huntington, WV | $120K | $180K | $280K | 75 | 6.5% |
| Portland, ME | $120K | $180K | $280K | 115 | 7.15% |
| Lewiston, ME | $120K | $180K | $280K | 98 | 7.15% |
| Manchester, NH | $120K | $180K | $280K | 118 | None ✓ |
| Nashua, NH | $120K | $180K | $280K | 120 | None ✓ |
| Concord, NH | $120K | $180K | $280K | 115 | None ✓ |
| Burlington, VT | $120K | $180K | $280K | 118 | 6.6% |
| Providence, RI | $120K | $180K | $280K | 118 | 5.99% |
| Warwick, RI | $120K | $180K | $280K | 115 | 5.99% |
| Wilmington, DE | $120K | $180K | $280K | 108 | 6.6% |
| Dover, DE | $120K | $180K | $280K | 100 | 6.6% |
| Pearl City, HI | $120K | $180K | $280K | 185 | 11% |
| Hilo, HI | $120K | $180K | $280K | 155 | 11% |
| Fairbanks, AK | $120K | $180K | $280K | 138 | None ✓ |
| Bethesda, MD | $120K | $180K | $280K | 165 | 5.75% |
| Jacksonville, FL | $118K | $176K | $274K | 93 | None ✓ |
| 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% |
| Charleston, SC | $118K | $176K | $274K | 105 | 6.5% |
| Omaha, NE | $118K | $176K | $274K | 88 | 5.84% |
| Colorado Springs, CO | $115K | $173K | $269K | 102 | 4.55% |
| Detroit, MI | $115K | $173K | $269K | 82 | 4.25% |
| Indianapolis, IN | $115K | $173K | $269K | 88 | 3.23% |
| Milwaukee, WI | $115K | $173K | $269K | 90 | 5.3% |
| 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% |
| Cleveland, OH | $110K | $166K | $258K | 82 | 3.99% |
| Birmingham, AL | $110K | $166K | $258K | 82 | 5% |
| New Orleans, LA | $110K | $166K | $258K | 92 | 6% |
| 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% |
| 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.