Business & Finance Jersey City, NJ Pop. 292,449

Investment Banker Salary in Jersey City, New Jersey

The median investment banker salary in Jersey City, NJ is $176,800 per year, which is 36.0% above the national median and 10.6% above the New Jersey state average.

City Median
$176,800
vs State Avg
+$16,900
vs National
+$46,800
Cost of Living
128%

Investment Banker Salary in Jersey City by Experience

In Jersey City, an entry-level investment banker earns around $108,800, while experienced professionals earn up to $408,000 per year. The local cost of living index is 128% of the national average.

Entry Level (0-2 yrs)
$108,800
+$28,800 vs national
Mid Level (3-7 yrs)
$183,600
+$48,600 vs national
Senior Level (8+ yrs)
$408,000
+$108,000 vs national

Salary Percentiles in Jersey City, NJ

Percentile Jersey City
10th Percentile $102,000
25th Percentile $129,200
Median (50th) $176,800
75th Percentile $285,600
90th Percentile $435,200

Investment Banker Salary in Other New Jersey Cities

How to Become a Investment Banker in Jersey City

Education

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