The average salary for an investment banker in New York is around $81,960 per year.
Avg Salary
Investment bankers earn an average yearly salary of $81,960.
Wages typically start from $48,470 and go up to $195,130.
36% above national average Updated in 2021
Investment banker earnings by seniority
90th percentile
Top-level investment banker earnings begin at:
$93.81 per hour
$195,130 per year
75th percentile
Senior-level investment banker earnings begin at:
$62.87 per hour
$130,770 per year
50th percentile
Mid-level investment banker earnings begin at:
$39.40 per hour
$81,960 per year
25th percentile
Junior-level investment banker earnings begin at:
$29.74 per hour
$61,850 per year
10th percentile
Starting level investment banker earnings begin at:
$23.30 per hour
$48,470 per year
Approximate values based on highest and lowest earning segments.
Investment banker salary by state
| State Name | Average Salary |
|---|---|
| Maryland | $87,190 |
| New York | $81,960 |
| Connecticut | $81,090 |
| Virginia | $80,950 |
| New Jersey | $80,510 |
| Ohio | $80,290 |
| Colorado | $79,830 |
| Oregon | $79,030 |
| Rhode Island | $78,870 |
| Indiana | $78,120 |
| Pennsylvania | $78,080 |
| Massachusetts | $77,740 |
| South Carolina | $77,560 |
| Hawaii | $77,450 |
| Illinois | $77,450 |
| California | $77,420 |
| North Carolina | $76,570 |
| Alaska | $76,540 |
| Utah | $76,450 |
| Michigan | $75,560 |
| North Dakota | $75,420 |
| Georgia | $75,090 |
| Minnesota | $74,670 |
| Alabama | $73,510 |
| Delaware | $73,080 |
| Guam | $71,410 |
| West Virginia | $71,240 |
| Washington | $70,800 |
| Arizona | $69,200 |
| New Hampshire | $68,870 |
| Oklahoma | $66,790 |
| Maine | $63,830 |
| Vermont | $63,470 |
| New Mexico | $62,710 |
| Montana | $62,340 |
| Texas | $61,570 |
| Missouri | $61,170 |
| Iowa | $60,970 |
| Arkansas | $60,830 |
| Tennessee | $60,390 |
| Louisiana | $57,760 |
| Nebraska | $55,390 |
| Kentucky | $53,410 |
| Wyoming | $53,410 |
| Idaho | $50,990 |
| Wisconsin | $50,120 |
| Mississippi | $49,490 |
| South Dakota | $48,300 |
| Florida | $48,270 |
| Kansas | $48,060 |
| Nevada | $39,780 |
| Puerto Rico | $30,470 |
| District of Columbia | $107,540 |
How do investment banker salaries compare to similar careers?
Investment bankers earn about the same as related careers in New York. On average, they make less than business analysts but more than budget analysts.
| Career | Median Salary |
|---|---|
| Business analyst salary | $101K |
| Loan officer salary | $96K |
| Underwriter salary | $97K |
| Auditor salary | $98K |
| Accountant salary | $98K |
| Fraud analyst salary | $82K |
| Risk management specialist salary | $82K |
| Financial quantitative analyst salary | $82K |
| Investment banker salary | $82K |
| Budget analyst salary | $81K |
Source: CareerExplorer (Aggregated)