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 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.