Business & Finance Yonkers, NY
Pop. 211,569
Investment Banker Salary in Yonkers, New York
The median investment banker salary in Yonkers, NY is $191,100 per year, which is 47.0% above the national median and 9.7% above the New York state average.
City Median
$191,100
vs State Avg
+$16,900
vs National
+$61,100
Cost of Living
135%
Investment Banker Salary in Yonkers by Experience
In Yonkers, an entry-level investment banker earns around $117,600, while experienced professionals earn up to $441,000 per year. The local cost of living index is 135% of the national average.
Entry Level (0-2 yrs)
$117,600
+$37,600 vs national
Mid Level (3-7 yrs)
$198,450
+$63,450 vs national
Senior Level (8+ yrs)
$441,000
+$141,000 vs national
Salary Percentiles in Yonkers, NY
| Percentile | Yonkers |
|---|---|
| 10th Percentile | $110,250 |
| 25th Percentile | $139,650 |
| Median (50th) | $191,100 |
| 75th Percentile | $308,700 |
| 90th Percentile | $470,400 |
Investment Banker Salary in Other New York Cities
How to Become a Investment Banker in Yonkers
Education
Most investment banker positions require a bachelor's degree. Yonkers and the surrounding New York 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 Yonkers may vary based on local industry and population growth.