Business & Finance Waterbury, CT Pop. 114,403

Investment Banker Salary in Waterbury, Connecticut

The median investment banker salary in Waterbury, CT is $137,800 per year, which is 6.0% above the national median and 11.7% below the Connecticut state average.

City Median
$137,800
vs State Avg
$-18,200
vs National
+$7,800
Cost of Living
98%

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

Waterbury offers a median investment banker salary of $137,800, which is $18,200 below the Connecticut state average of $156,000. Compared to the national median of $130,000, Waterbury pays above average for this role.

Waterbury's cost of living is 98% 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 Waterbury spans from $79,500 at the 10th percentile to $339,200 at the 90th percentile — a $259,700 spread. Entry-level professionals start around $84,800, while senior investment bankers with 8+ years of experience can earn up to $318,000. With a population of 114,403, Waterbury is a mid-sized metro with a growing job market.

Investment Banker Salary in Waterbury by Experience

In Waterbury, an entry-level investment banker earns around $84,800, while experienced professionals earn up to $318,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$84,800
+$4,800 vs national
Mid Level (3-7 yrs)
$143,100
+$8,100 vs national
Senior Level (8+ yrs)
$318,000
+$18,000 vs national

Salary Percentiles in Waterbury, CT

Percentile Waterbury
10th Percentile $79,500
25th Percentile $100,700
Median (50th) $137,800
75th Percentile $222,600
90th Percentile $339,200

Investment Banker Salary in Other Connecticut Cities

Stamford, CT
$189,800
Pop. 135,470
New Haven, CT
$153,400
Pop. 134,023
Bridgeport, CT
$150,800
Pop. 148,529
Hartford, CT
$146,900
Pop. 121,054

How to Become a Investment Banker in Waterbury

Education

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

Find Investment Banker Jobs in Waterbury

Browse open investment banker positions in Waterbury, CT:

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Frequently Asked Questions: Investment Banker Salary in Waterbury

How much does a Investment Banker make in Waterbury, CT? ▼
The median investment banker salary in Waterbury, Connecticut is $137,800 per year, which is 6.0% above the national median of $130,000. Salaries range from $79,500 (10th percentile) to $339,200 (90th percentile).
How much does a Investment Banker make per hour in Waterbury? ▼
Based on the median annual salary of $137,800, a investment banker in Waterbury earns approximately $66 per hour assuming a standard 2,080-hour work year.
How does Waterbury compare to the Connecticut state average for investment banker pay? ▼
Waterbury's median investment banker salary of $137,800 is 11.7% below the Connecticut state average of $156,000. The local cost of living index is 98% of the national average.
What is the cost of living in Waterbury, CT? ▼
Waterbury has a cost of living index of 98% compared to the national average. This means a investment banker salary of $137,800 in Waterbury has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Waterbury? ▼
Most investment banker positions in Waterbury 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.