Investment Banker Salary in Paterson, New Jersey
The median investment banker salary in Paterson, NJ is $146,900 per year, which is 13.0% above the national median and 8.1% below the New Jersey state average.
Investment Banker Salary in Paterson by Experience
In Paterson, an entry-level investment banker earns around $90,400, while experienced professionals earn up to $339,000 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Paterson, NJ
| Percentile | Paterson |
|---|---|
| 10th Percentile | $84,750 |
| 25th Percentile | $107,350 |
| Median (50th) | $146,900 |
| 75th Percentile | $237,300 |
| 90th Percentile | $361,600 |
Investment Banker Salary in Other New Jersey Cities
How to Become a Investment Banker in Paterson
Education
Most investment banker positions require a bachelor's degree. Paterson and the surrounding New Jersey area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Paterson may vary based on local industry and population growth.