Business & Finance Pennsylvania (PA) Rank #18 of 50

Investment Banker Salary in Pennsylvania

The median investment banker salary in Pennsylvania is $130,000 per year, which is 0.0% above the national median of $130,000.

Median Salary
$130,000
vs National
+$0
State Rank
#18 of 50
Cost of Living
96%

Investment Banker Salary Overview in Pennsylvania (2026)

Pennsylvania ranks #18 out of 50 states for investment banker compensation. Pennsylvania falls in the middle of the pack for investment banker pay, offering salaries near the national average. At $130,000 per year, investment bankers in Pennsylvania earn $0 more than the national median of $130,000.

Pennsylvania's cost of living is near the national average at 96%, meaning investment banker salaries here translate closely to their face value in purchasing power.

The salary spread in Pennsylvania is significant: investment bankers at the 10th percentile earn $75,000, while those at the 90th percentile bring home $320,000 — a $245,000 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Pennsylvania for this role is Philadelphia, where the median reaches $137,800.

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). This steady growth indicates stable demand for investment bankers across the country.

Investment Banker Salary in Pennsylvania by Experience

In Pennsylvania, an entry-level investment banker earns around $80,000, while experienced professionals earn up to $300,000 per year. The cost of living index in Pennsylvania is 96% of the national average.

Entry Level (0-2 yrs)
$80,000
+$0 vs national
Mid Level (3-7 yrs)
$135,000
+$0 vs national
Senior Level (8+ yrs)
$300,000
+$0 vs national

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Salary Percentiles in Pennsylvania

Percentile PA Salary
10th Percentile $75,000
25th Percentile $95,000
Median (50th) $130,000
75th Percentile $210,000
90th Percentile $320,000

Investment Banker Salary by City in Pennsylvania

The largest employment areas for investment bankers in Pennsylvania include Philadelphia, Pittsburgh, Allentown, and Reading. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in Pennsylvania

Education

Most investment banker positions require a bachelor's degree. Pennsylvania has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Pennsylvania

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Pennsylvania's demand may vary based on local industry trends.

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Frequently Asked Questions: Investment Banker Salary in Pennsylvania

How much does a Investment Banker make in Pennsylvania? ▼
The median investment banker salary in Pennsylvania is $130,000 per year, which is 0.0% above the national median of $130,000. Salaries range from $75,000 (10th percentile) to $320,000 (90th percentile).
How much does a Investment Banker make per hour in Pennsylvania? ▼
Based on the median annual salary of $130,000, a investment banker in Pennsylvania earns approximately $63 per hour assuming a standard 2,080-hour work year.
Is Pennsylvania a good state for investment bankers? ▼
Pennsylvania ranks #18 out of 50 states for investment banker pay. The cost of living index is 96% of the national average. Entry-level investment bankers earn $80,000, while senior professionals earn $300,000.
How does Pennsylvania compare to other states for investment banker salary? ▼
The highest paying state for investment bankers is Hawaii at $221,000. Pennsylvania's median of $130,000 ranks #18 nationally. Nearby-ranked states include Illinois ($131,300) and Vermont ($131,300).
What is the entry-level investment banker salary in Pennsylvania? ▼
An entry-level investment banker in Pennsylvania earns approximately $80,000 per year. With 3-7 years of experience, pay increases to around $135,000. Senior-level professionals with 8+ years earn up to $300,000.
What city in Pennsylvania pays investment bankers the most? ▼
Philadelphia is the highest paying city in Pennsylvania for investment bankers, with a median salary of $137,800. Other cities include Pittsburgh and Allentown.