Business & Finance Phoenix, AZ Pop. 1,608,139

Investment Banker Salary in Phoenix, Arizona

The median investment banker salary in Phoenix, AZ is $130,000 per year, which is 0.0% above the national median and 3.1% above the Arizona state average.

City Median
$130,000
vs State Avg
+$3,900
vs National
+$0
Cost of Living
100%

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

Phoenix offers a median investment banker salary of $130,000, which is $3,900 above the Arizona state average of $126,100. Compared to the national median of $130,000, Phoenix pays above average for this role.

Phoenix's cost of living is 100% 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 Phoenix spans from $75,000 at the 10th percentile to $320,000 at the 90th percentile — a $245,000 spread. Entry-level professionals start around $80,000, while senior investment bankers with 8+ years of experience can earn up to $300,000. As a major metro area with a population of 1,608,139, Phoenix typically offers more job opportunities and employer competition, which can drive salaries higher.

Investment Banker Salary in Phoenix by Experience

In Phoenix, an entry-level investment banker earns around $80,000, while experienced professionals earn up to $300,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$80,000
+$0 vs national
Mid Level (3-7 yrs)
$135,000
+$0 vs national
Senior Level (8+ yrs)
$300,000
+$0 vs national

Salary Percentiles in Phoenix, AZ

Percentile Phoenix
10th Percentile $75,000
25th Percentile $95,000
Median (50th) $130,000
75th Percentile $210,000
90th Percentile $320,000

Investment Banker Salary in Other Arizona Cities

How to Become a Investment Banker in Phoenix

Education

Most investment banker positions require a bachelor's degree. Phoenix and the surrounding Arizona 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 Phoenix may vary based on local industry and population growth.

Find Investment Banker Jobs in Phoenix

Browse open investment banker positions in Phoenix, AZ:

Frequently Asked Questions: Investment Banker Salary in Phoenix

How much does a Investment Banker make in Phoenix, AZ? ▼
The median investment banker salary in Phoenix, Arizona is $130,000 per year, which is 0.0% above the national median of $130,000. Salaries range from $75,000 (10th percentile) to $320,000 (90th percentile).
How much does a Investment Banker make per hour in Phoenix? ▼
Based on the median annual salary of $130,000, a investment banker in Phoenix earns approximately $63 per hour assuming a standard 2,080-hour work year.
How does Phoenix compare to the Arizona state average for investment banker pay? ▼
Phoenix's median investment banker salary of $130,000 is 3.1% above the Arizona state average of $126,100. The local cost of living index is 100% of the national average.
What is the cost of living in Phoenix, AZ? ▼
Phoenix has a cost of living index of 100% compared to the national average. This means a investment banker salary of $130,000 in Phoenix has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Phoenix? ▼
Most investment banker positions in Phoenix 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.