Business & Finance New Jersey (NJ) Rank #6 of 50

Investment Banker Salary in New Jersey

The median investment banker salary in New Jersey is $159,900 per year, which is 23.0% above the national median of $130,000.

Median Salary
$159,900
vs National
+$29,900
State Rank
#6 of 50
Cost of Living
115%

Investment Banker Salary in New Jersey by Experience

In New Jersey, an entry-level investment banker earns around $98,400, while experienced professionals earn up to $369,000 per year. The cost of living index in New Jersey is 115% of the national average.

Entry Level (0-2 yrs)
$98,400
+$18,400 vs national
Mid Level (3-7 yrs)
$166,050
+$31,050 vs national
Senior Level (8+ yrs)
$369,000
+$69,000 vs national

Salary Percentiles in New Jersey

Percentile NJ Salary
10th Percentile $92,250
25th Percentile $116,850
Median (50th) $159,900
75th Percentile $258,300
90th Percentile $393,600

Investment Banker Salary by City in New Jersey

The largest employment areas for investment bankers in New Jersey include Newark, Jersey City, Paterson, and Elizabeth. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in New Jersey

Education

Most investment banker positions require a bachelor's degree. New Jersey has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in New Jersey

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). New Jersey's demand may vary based on local industry trends.