Business & Finance Springfield, MA Pop. 155,929

Investment Banker Salary in Springfield, Massachusetts

The median investment banker salary in Springfield, MA is $136,500 per year, which is 5.0% above the national median and 26.1% below the Massachusetts state average.

City Median
$136,500
vs State Avg
$-48,100
vs National
+$6,500
Cost of Living
98%

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

Springfield offers a median investment banker salary of $136,500, which is $48,100 below the Massachusetts state average of $184,600. Compared to the national median of $130,000, Springfield pays above average for this role.

Springfield'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 Springfield spans from $78,750 at the 10th percentile to $336,000 at the 90th percentile — a $257,250 spread. Entry-level professionals start around $84,000, while senior investment bankers with 8+ years of experience can earn up to $315,000. With a population of 155,929, Springfield is a mid-sized metro with a growing job market.

Investment Banker Salary in Springfield by Experience

In Springfield, an entry-level investment banker earns around $84,000, while experienced professionals earn up to $315,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$84,000
+$4,000 vs national
Mid Level (3-7 yrs)
$141,750
+$6,750 vs national
Senior Level (8+ yrs)
$315,000
+$15,000 vs national

Salary Percentiles in Springfield, MA

Percentile Springfield
10th Percentile $78,750
25th Percentile $99,750
Median (50th) $136,500
75th Percentile $220,500
90th Percentile $336,000

Investment Banker Salary in Other Massachusetts Cities

Cambridge, MA
$217,100
Pop. 118,403
Boston, MA
$206,700
Pop. 675,647
Worcester, MA
$152,100
Pop. 206,518
Lowell, MA
$145,600
Pop. 115,554

How to Become a Investment Banker in Springfield

Education

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

Find Investment Banker Jobs in Springfield

Browse open investment banker positions in Springfield, MA:

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Frequently Asked Questions: Investment Banker Salary in Springfield

How much does a Investment Banker make in Springfield, MA? ▼
The median investment banker salary in Springfield, Massachusetts is $136,500 per year, which is 5.0% above the national median of $130,000. Salaries range from $78,750 (10th percentile) to $336,000 (90th percentile).
How much does a Investment Banker make per hour in Springfield? ▼
Based on the median annual salary of $136,500, a investment banker in Springfield earns approximately $66 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Massachusetts state average for investment banker pay? ▼
Springfield's median investment banker salary of $136,500 is 26.1% below the Massachusetts state average of $184,600. The local cost of living index is 98% of the national average.
What is the cost of living in Springfield, MA? ▼
Springfield has a cost of living index of 98% compared to the national average. This means a investment banker salary of $136,500 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Springfield? ▼
Most investment banker positions in Springfield 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.