Business & Finance Newark, DE Pop. 33,398

Investment Banker Salary in Newark, Delaware

The median investment banker salary in Newark, DE is $139,100 per year, which is 7.0% above the national median and 0.9% above the Delaware state average.

City Median
$139,100
vs State Avg
+$1,300
vs National
+$9,100
Cost of Living
102%

Investment Banker Salary in Newark by Experience

In Newark, an entry-level investment banker earns around $85,600, while experienced professionals earn up to $321,000 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$85,600
+$5,600 vs national
Mid Level (3-7 yrs)
$144,450
+$9,450 vs national
Senior Level (8+ yrs)
$321,000
+$21,000 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $80,250
25th Percentile $101,650
Median (50th) $139,100
75th Percentile $224,700
90th Percentile $342,400

Investment Banker Salary in Other Delaware Cities

Wilmington, DE
$143,000
Pop. 70,898
Bear, DE
$135,200
Pop. 21,000
Middletown, DE
$133,900
Pop. 22,350
Dover, DE
$131,300
Pop. 39,403

How to Become a Investment Banker in Newark

Education

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