Business & Finance Alaska (AK) Rank #5 of 50

Investment Banker Salary in Alaska

The median investment banker salary in Alaska is $161,200 per year, which is 24.0% above the national median of $130,000.

Median Salary
$161,200
vs National
+$31,200
State Rank
#5 of 50
Cost of Living
124%

Investment Banker Salary Overview in Alaska (2026)

Alaska ranks #5 out of 50 states for investment banker compensation. This places Alaska in the top tier nationally, making it one of the best states for investment bankers seeking high pay. At $161,200 per year, investment bankers in Alaska earn $31,200 more than the national median of $130,000.

It's worth noting that Alaska's cost of living is 124% of the national average, which reduces the real purchasing power of the $161,200 salary. After adjusting for cost of living, the effective salary is closer to $130,000.

The salary spread in Alaska is significant: investment bankers at the 10th percentile earn $93,000, while those at the 90th percentile bring home $396,800 — a $303,800 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Alaska for this role is Juneau, where the median reaches $175,500.

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). This steady growth indicates stable demand for investment bankers across the country.

Investment Banker Salary in Alaska by Experience

In Alaska, an entry-level investment banker earns around $99,200, while experienced professionals earn up to $372,000 per year. The cost of living index in Alaska is 124% of the national average.

Entry Level (0-2 yrs)
$99,200
+$19,200 vs national
Mid Level (3-7 yrs)
$167,400
+$32,400 vs national
Senior Level (8+ yrs)
$372,000
+$72,000 vs national

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Salary Percentiles in Alaska

Percentile AK Salary
10th Percentile $93,000
25th Percentile $117,800
Median (50th) $161,200
75th Percentile $260,400
90th Percentile $396,800

Investment Banker Salary by City in Alaska

The largest employment areas for investment bankers in Alaska include Anchorage, Fairbanks, Juneau, and Sitka. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in Alaska

Education

Most investment banker positions require a bachelor's degree. Alaska has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Alaska

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Alaska's demand may vary based on local industry trends.

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Frequently Asked Questions: Investment Banker Salary in Alaska

How much does a Investment Banker make in Alaska? ▼
The median investment banker salary in Alaska is $161,200 per year, which is 24.0% above the national median of $130,000. Salaries range from $93,000 (10th percentile) to $396,800 (90th percentile).
How much does a Investment Banker make per hour in Alaska? ▼
Based on the median annual salary of $161,200, a investment banker in Alaska earns approximately $78 per hour assuming a standard 2,080-hour work year.
Is Alaska a good state for investment bankers? ▼
Alaska ranks #5 out of 50 states for investment banker pay. The cost of living index is 124% of the national average. Entry-level investment bankers earn $99,200, while senior professionals earn $372,000.
How does Alaska compare to other states for investment banker salary? ▼
The highest paying state for investment bankers is Hawaii at $221,000. Alaska's median of $161,200 ranks #5 nationally. Nearby-ranked states include California ($179,400) and New York ($174,200).
What is the entry-level investment banker salary in Alaska? ▼
An entry-level investment banker in Alaska earns approximately $99,200 per year. With 3-7 years of experience, pay increases to around $167,400. Senior-level professionals with 8+ years earn up to $372,000.
What city in Alaska pays investment bankers the most? ▼
Juneau is the highest paying city in Alaska for investment bankers, with a median salary of $175,500. Other cities include Anchorage and Fairbanks.