Manage commercial banking relationships, credit facilities, and treasury services. Median salary in Phoenix: $103K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Phoenix, Arizona. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Commercial Bankers in Phoenix earn approximately 5% higher than the US national median for this role — a $5,000 premium on annual base salary. This reflects Phoenix's position as a higher-cost labor market where employers must match local wage norms.
Adjusted for Phoenix's cost-of-living index (100), the median Commercial Banker salary buys the equivalent of $103,000 in a US-average-cost city. That's $5,000 more purchasing power than the national median — a meaningful real-wage advantage.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $103K by 2030.
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The median Commercial Banker salary in Phoenix, AZ is $103,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Phoenix–AZ metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Commercial Bankers in Phoenix with 0–2 years of experience typically earn between $76,000 and $103,000 annually. Mid-career professionals with 3–7 years command $103,000 to $142,000, while senior-level practitioners with 8+ years of experience regularly earn $142,000 to $189,000 or more.
Phoenix has a cost of living index of 100 compared to the US national average of 100. Living costs in Phoenix are close to the national average. Arizona has a 2.5% state income tax rate.
Bachelor's in Finance or Business; Series 63 license. 30% of these roles offer some remote flexibility.