Business & Finance Elizabeth, NJ Pop. 137,298

Investment Banker Salary in Elizabeth, New Jersey

The median investment banker salary in Elizabeth, NJ is $150,800 per year, which is 16.0% above the national median and 5.7% below the New Jersey state average.

City Median
$150,800
vs State Avg
$-9,100
vs National
+$20,800
Cost of Living
108%

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

Elizabeth offers a median investment banker salary of $150,800, which is $9,100 below the New Jersey state average of $159,900. Compared to the national median of $130,000, Elizabeth pays above average for this role.

Elizabeth's cost of living is 108% 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 Elizabeth spans from $87,000 at the 10th percentile to $371,200 at the 90th percentile — a $284,200 spread. Entry-level professionals start around $92,800, while senior investment bankers with 8+ years of experience can earn up to $348,000. With a population of 137,298, Elizabeth is a mid-sized metro with a growing job market.

Investment Banker Salary in Elizabeth by Experience

In Elizabeth, an entry-level investment banker earns around $92,800, while experienced professionals earn up to $348,000 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$92,800
+$12,800 vs national
Mid Level (3-7 yrs)
$156,600
+$21,600 vs national
Senior Level (8+ yrs)
$348,000
+$48,000 vs national

Salary Percentiles in Elizabeth, NJ

Percentile Elizabeth
10th Percentile $87,000
25th Percentile $110,200
Median (50th) $150,800
75th Percentile $243,600
90th Percentile $371,200

Investment Banker Salary in Other New Jersey Cities

Jersey City, NJ
$176,800
Pop. 292,449
Edison, NJ
$159,900
Pop. 107,588
Newark, NJ
$156,000
Pop. 311,549
Paterson, NJ
$146,900
Pop. 159,732

How to Become a Investment Banker in Elizabeth

Education

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

Find Investment Banker Jobs in Elizabeth

Browse open investment banker positions in Elizabeth, NJ:

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Frequently Asked Questions: Investment Banker Salary in Elizabeth

How much does a Investment Banker make in Elizabeth, NJ? ▼
The median investment banker salary in Elizabeth, New Jersey is $150,800 per year, which is 16.0% above the national median of $130,000. Salaries range from $87,000 (10th percentile) to $371,200 (90th percentile).
How much does a Investment Banker make per hour in Elizabeth? ▼
Based on the median annual salary of $150,800, a investment banker in Elizabeth earns approximately $73 per hour assuming a standard 2,080-hour work year.
How does Elizabeth compare to the New Jersey state average for investment banker pay? ▼
Elizabeth's median investment banker salary of $150,800 is 5.7% below the New Jersey state average of $159,900. The local cost of living index is 108% of the national average.
What is the cost of living in Elizabeth, NJ? ▼
Elizabeth has a cost of living index of 108% compared to the national average. This means a investment banker salary of $150,800 in Elizabeth has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Elizabeth? ▼
Most investment banker positions in Elizabeth 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.