Investment Banker Salary in Philadelphia, Pennsylvania
The median investment banker salary in Philadelphia, PA is $137,800 per year, which is 6.0% above the national median and 6.0% above the Pennsylvania state average.
Investment Banker Pay in Philadelphia: What to Expect (2026)
Philadelphia offers a median investment banker salary of $137,800, which is $7,800 above the Pennsylvania state average of $130,000. Compared to the national median of $130,000, Philadelphia pays above average for this role.
Philadelphia's cost of living is 102% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for investment bankers in Philadelphia spans from $79,500 at the 10th percentile to $339,200 at the 90th percentile — a $259,700 spread. Entry-level professionals start around $84,800, while senior investment bankers with 8+ years of experience can earn up to $318,000. As a major metro area with a population of 1,603,797, Philadelphia typically offers more job opportunities and employer competition, which can drive salaries higher.
Investment Banker Salary in Philadelphia by Experience
In Philadelphia, an entry-level investment banker earns around $84,800, while experienced professionals earn up to $318,000 per year. The local cost of living index is 102% of the national average.
Salary Percentiles in Philadelphia, PA
| Percentile | Philadelphia |
|---|---|
| 10th Percentile | $79,500 |
| 25th Percentile | $100,700 |
| Median (50th) | $137,800 |
| 75th Percentile | $222,600 |
| 90th Percentile | $339,200 |
Investment Banker Salary in Other Pennsylvania Cities
How to Become a Investment Banker in Philadelphia
Education
Most investment banker positions require a bachelor's degree. Philadelphia and the surrounding Pennsylvania 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 Philadelphia may vary based on local industry and population growth.
Find Investment Banker Jobs in Philadelphia
Browse open investment banker positions in Philadelphia, PA: