Business & Finance Worcester, MA Pop. 206,518

Investment Banker Salary in Worcester, Massachusetts

The median investment banker salary in Worcester, MA is $152,100 per year, which is 17.0% above the national median and 17.6% below the Massachusetts state average.

City Median
$152,100
vs State Avg
$-32,500
vs National
+$22,100
Cost of Living
110%

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

Worcester offers a median investment banker salary of $152,100, which is $32,500 below the Massachusetts state average of $184,600. Compared to the national median of $130,000, Worcester pays above average for this role.

Worcester's cost of living is 110% 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 Worcester spans from $87,750 at the 10th percentile to $374,400 at the 90th percentile — a $286,650 spread. Entry-level professionals start around $93,600, while senior investment bankers with 8+ years of experience can earn up to $351,000. With a population of 206,518, Worcester is a mid-sized metro with a growing job market.

Investment Banker Salary in Worcester by Experience

In Worcester, an entry-level investment banker earns around $93,600, while experienced professionals earn up to $351,000 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$93,600
+$13,600 vs national
Mid Level (3-7 yrs)
$157,950
+$22,950 vs national
Senior Level (8+ yrs)
$351,000
+$51,000 vs national

Salary Percentiles in Worcester, MA

Percentile Worcester
10th Percentile $87,750
25th Percentile $111,150
Median (50th) $152,100
75th Percentile $245,700
90th Percentile $374,400

Investment Banker Salary in Other Massachusetts Cities

Cambridge, MA
$217,100
Pop. 118,403
Boston, MA
$206,700
Pop. 675,647
Lowell, MA
$145,600
Pop. 115,554
Springfield, MA
$136,500
Pop. 155,929

How to Become a Investment Banker in Worcester

Education

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

Find Investment Banker Jobs in Worcester

Browse open investment banker positions in Worcester, MA:

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Frequently Asked Questions: Investment Banker Salary in Worcester

How much does a Investment Banker make in Worcester, MA? ▼
The median investment banker salary in Worcester, Massachusetts is $152,100 per year, which is 17.0% above the national median of $130,000. Salaries range from $87,750 (10th percentile) to $374,400 (90th percentile).
How much does a Investment Banker make per hour in Worcester? ▼
Based on the median annual salary of $152,100, a investment banker in Worcester earns approximately $73 per hour assuming a standard 2,080-hour work year.
How does Worcester compare to the Massachusetts state average for investment banker pay? ▼
Worcester's median investment banker salary of $152,100 is 17.6% below the Massachusetts state average of $184,600. The local cost of living index is 110% of the national average.
What is the cost of living in Worcester, MA? ▼
Worcester has a cost of living index of 110% compared to the national average. This means a investment banker salary of $152,100 in Worcester has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Worcester? ▼
Most investment banker positions in Worcester 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.