The average salary for an investment banker in New York is around $107,490 per year.
Avg Salary
Investment bankers earn an average yearly salary of $107,490.
Wages typically start from $55,370 and go up to $230,770.
72% above national average Updated in 2025
Investment banker earnings by seniority
90th percentile
Top-level investment banker earnings begin at:
$110.95 per hour
$230,770 per year
75th percentile
Senior-level investment banker earnings begin at:
$84.11 per hour
$174,950 per year
50th percentile
Mid-level investment banker earnings begin at:
$51.68 per hour
$107,490 per year
25th percentile
Junior-level investment banker earnings begin at:
$36.60 per hour
$76,140 per year
10th percentile
Starting level investment banker earnings begin at:
$26.62 per hour
$55,370 per year
Approximate values based on highest and lowest earning segments.
Investment banker salary by state
| State Name | Average Salary |
|---|---|
| Massachusetts | $99,970 |
| New Jersey | $98,630 |
| Virginia | $92,930 |
| Indiana | $92,410 |
| Ohio | $90,060 |
| Colorado | $87,430 |
| Alabama | $87,110 |
| South Dakota | $86,260 |
| West Virginia | $86,200 |
| New Hampshire | $83,590 |
| Minnesota | $83,280 |
| Oregon | $83,080 |
| Arizona | $81,180 |
| Illinois | $81,180 |
| Connecticut | $81,090 |
| Washington | $80,930 |
| North Carolina | $80,900 |
| California | $80,810 |
| Delaware | $80,610 |
| New Mexico | $80,610 |
| Idaho | $79,440 |
| Iowa | $79,390 |
| Rhode Island | $78,990 |
| Pennsylvania | $78,610 |
| North Dakota | $78,260 |
| Georgia | $77,540 |
| Hawaii | $77,190 |
| Alaska | $77,070 |
| Oklahoma | $76,980 |
| Utah | $76,530 |
| South Carolina | $76,400 |
| Montana | $76,350 |
| Wyoming | $75,810 |
| Missouri | $75,800 |
| Vermont | $75,270 |
| Michigan | $75,040 |
| Mississippi | $73,920 |
| Texas | $71,650 |
| Guam | $71,410 |
| Tennessee | $69,240 |
| Nebraska | $66,290 |
| Kentucky | $65,690 |
| Wisconsin | $64,420 |
| Nevada | $61,930 |
| Florida | $61,660 |
| Arkansas | $60,600 |
| Louisiana | $59,860 |
| Kansas | $51,160 |
| Puerto Rico | $30,470 |
| District of Columbia | $125,110 |
| Maine | $109,060 |
| New York | $107,490 |
| Maryland | $101,400 |
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 actuaries but more than business analysts.
| Career | Median Salary |
|---|---|
| Actuary salary | $156K |
| Credit analyst salary | $133K |
| Mathematician salary | $127K |
| Financial analyst salary | $128K |
| Statistician salary | $136K |
| Risk management specialist salary | $107K |
| Investment banker salary | $107K |
| Fraud analyst salary | $107K |
| Financial quantitative analyst salary | $107K |
| Business analyst salary | $112K |
Source: CareerExplorer (Aggregated)