Business & Finance Ann Arbor, MI Pop. 123,851

Investment Banker Salary in Ann Arbor, Michigan

The median investment banker salary in Ann Arbor, MI is $136,500 per year, which is 5.0% above the national median and 16.7% above the Michigan state average.

City Median
$136,500
vs State Avg
+$19,500
vs National
+$6,500
Cost of Living
105%

Investment Banker Pay in Ann Arbor: What to Expect (2026)

Ann Arbor offers a median investment banker salary of $136,500, which is $19,500 above the Michigan state average of $117,000. Compared to the national median of $130,000, Ann Arbor pays above average for this role.

Ann Arbor's cost of living is 105% 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 Ann Arbor 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 123,851, Ann Arbor is a mid-sized metro with a growing job market.

Investment Banker Salary in Ann Arbor by Experience

In Ann Arbor, 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 105% 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 Ann Arbor, MI

Percentile Ann Arbor
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 Michigan Cities

Grand Rapids, MI
$117,000
Pop. 198,917
Detroit, MI
$114,400
Pop. 639,111
Warren, MI
$114,400
Pop. 139,387
Lansing, MI
$111,800
Pop. 112,644

How to Become a Investment Banker in Ann Arbor

Education

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

Find Investment Banker Jobs in Ann Arbor

Browse open investment banker positions in Ann Arbor, MI:

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Frequently Asked Questions: Investment Banker Salary in Ann Arbor

How much does a Investment Banker make in Ann Arbor, MI? ▼
The median investment banker salary in Ann Arbor, Michigan 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 Ann Arbor? ▼
Based on the median annual salary of $136,500, a investment banker in Ann Arbor earns approximately $66 per hour assuming a standard 2,080-hour work year.
How does Ann Arbor compare to the Michigan state average for investment banker pay? ▼
Ann Arbor's median investment banker salary of $136,500 is 16.7% above the Michigan state average of $117,000. The local cost of living index is 105% of the national average.
What is the cost of living in Ann Arbor, MI? ▼
Ann Arbor has a cost of living index of 105% compared to the national average. This means a investment banker salary of $136,500 in Ann Arbor has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Ann Arbor? ▼
Most investment banker positions in Ann Arbor 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.