Business & Finance Birmingham, AL Pop. 197,575

Investment Banker Salary in Birmingham, Alabama

The median investment banker salary in Birmingham, AL is $117,000 per year, which is 10% below the national median and 3.4% above the Alabama state average.

City Median
$117,000
vs State Avg
+$3,900
vs National
$-13,000
Cost of Living
90%

Investment Banker Pay in Birmingham: What to Expect (2026)

Birmingham offers a median investment banker salary of $117,000, which is $3,900 above the Alabama state average of $113,100. Compared to the national median of $130,000, Birmingham pays below the national benchmark for this role.

Birmingham's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for investment bankers in Birmingham spans from $67,500 at the 10th percentile to $288,000 at the 90th percentile — a $220,500 spread. Entry-level professionals start around $72,000, while senior investment bankers with 8+ years of experience can earn up to $270,000. With a population of 197,575, Birmingham is a mid-sized metro with a growing job market.

Investment Banker Salary in Birmingham by Experience

In Birmingham, an entry-level investment banker earns around $72,000, while experienced professionals earn up to $270,000 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$72,000
$-8,000 vs national
Mid Level (3-7 yrs)
$121,500
$-13,500 vs national
Senior Level (8+ yrs)
$270,000
$-30,000 vs national

Salary Percentiles in Birmingham, AL

Percentile Birmingham
10th Percentile $67,500
25th Percentile $85,500
Median (50th) $117,000
75th Percentile $189,000
90th Percentile $288,000

Investment Banker Salary in Other Alabama Cities

Huntsville, AL
$119,600
Pop. 216,963
Tuscaloosa, AL
$114,400
Pop. 101,129
Montgomery, AL
$111,800
Pop. 200,603
Mobile, AL
$110,500
Pop. 187,041

How to Become a Investment Banker in Birmingham

Education

Most investment banker positions require a bachelor's degree. Birmingham and the surrounding Alabama area have institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Birmingham may vary based on local industry and population growth.

Find Investment Banker Jobs in Birmingham

Browse open investment banker positions in Birmingham, AL:

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Frequently Asked Questions: Investment Banker Salary in Birmingham

How much does a Investment Banker make in Birmingham, AL? ▼
The median investment banker salary in Birmingham, Alabama is $117,000 per year, which is 10% below the national median of $130,000. Salaries range from $67,500 (10th percentile) to $288,000 (90th percentile).
How much does a Investment Banker make per hour in Birmingham? ▼
Based on the median annual salary of $117,000, a investment banker in Birmingham earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Birmingham compare to the Alabama state average for investment banker pay? ▼
Birmingham's median investment banker salary of $117,000 is 3.4% above the Alabama state average of $113,100. The local cost of living index is 90% of the national average.
What is the cost of living in Birmingham, AL? ▼
Birmingham has a cost of living index of 90% compared to the national average. This means a investment banker salary of $117,000 in Birmingham has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Birmingham? ▼
Most investment banker positions in Birmingham require a bachelor's degree. Key skills include Financial Modeling, Valuation, M&A, Excel. The job market is projected to grow 7% nationally over the next decade.