Business & Finance Erie, PA Pop. 94,831

Investment Banker Salary in Erie, Pennsylvania

The median investment banker salary in Erie, PA is $114,400 per year, which is 12% below the national median and 12% below the Pennsylvania state average.

City Median
$114,400
vs State Avg
$-15,600
vs National
$-15,600
Cost of Living
84%

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

Erie offers a median investment banker salary of $114,400, which is $15,600 below the Pennsylvania state average of $130,000. Compared to the national median of $130,000, Erie pays below the national benchmark for this role.

One of Erie's biggest advantages is its low cost of living at 84% of the national average. This means the $114,400 salary stretches further here — equivalent to roughly $136,190 in an average-cost city. This makes Erie an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Erie spans from $66,000 at the 10th percentile to $281,600 at the 90th percentile — a $215,600 spread. Entry-level professionals start around $70,400, while senior investment bankers with 8+ years of experience can earn up to $264,000. Erie is a smaller market (pop. 94,831), which may mean fewer openings but also less competition for available positions.

Investment Banker Salary in Erie by Experience

In Erie, an entry-level investment banker earns around $70,400, while experienced professionals earn up to $264,000 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$70,400
$-9,600 vs national
Mid Level (3-7 yrs)
$118,800
$-16,200 vs national
Senior Level (8+ yrs)
$264,000
$-36,000 vs national

Salary Percentiles in Erie, PA

Percentile Erie
10th Percentile $66,000
25th Percentile $83,600
Median (50th) $114,400
75th Percentile $184,800
90th Percentile $281,600

Investment Banker Salary in Other Pennsylvania Cities

Philadelphia, PA
$137,800
Pop. 1,603,797
Allentown, PA
$127,400
Pop. 126,092
Pittsburgh, PA
$126,100
Pop. 302,971
Reading, PA
$119,600
Pop. 95,112

How to Become a Investment Banker in Erie

Education

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

Find Investment Banker Jobs in Erie

Browse open investment banker positions in Erie, PA:

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Frequently Asked Questions: Investment Banker Salary in Erie

How much does a Investment Banker make in Erie, PA? ▼
The median investment banker salary in Erie, Pennsylvania is $114,400 per year, which is 12% below the national median of $130,000. Salaries range from $66,000 (10th percentile) to $281,600 (90th percentile).
How much does a Investment Banker make per hour in Erie? ▼
Based on the median annual salary of $114,400, a investment banker in Erie earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Erie compare to the Pennsylvania state average for investment banker pay? ▼
Erie's median investment banker salary of $114,400 is 12% below the Pennsylvania state average of $130,000. The local cost of living index is 84% of the national average.
What is the cost of living in Erie, PA? ▼
Erie has a cost of living index of 84% compared to the national average. This means a investment banker salary of $114,400 in Erie has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Erie? ▼
Most investment banker positions in Erie 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.