Business & Finance Edison, NJ
Pop. 107,588
Investment Banker Salary in Edison, New Jersey
The median investment banker salary in Edison, NJ is $159,900 per year, which is 23.0% above the national median and 0.0% above the New Jersey state average.
City Median
$159,900
vs State Avg
+$0
vs National
+$29,900
Cost of Living
115%
Investment Banker Salary in Edison by Experience
In Edison, an entry-level investment banker earns around $98,400, while experienced professionals earn up to $369,000 per year. The local cost of living index 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 Edison, NJ
| Percentile | Edison |
|---|---|
| 10th Percentile | $92,250 |
| 25th Percentile | $116,850 |
| Median (50th) | $159,900 |
| 75th Percentile | $258,300 |
| 90th Percentile | $393,600 |
Investment Banker Salary in Other New Jersey Cities
How to Become a Investment Banker in Edison
Education
Most investment banker positions require a bachelor's degree. Edison and the surrounding New Jersey 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 Edison may vary based on local industry and population growth.