Business & Finance Reading, PA
Pop. 95,112
Investment Banker Salary in Reading, Pennsylvania
The median investment banker salary in Reading, PA is $119,600 per year, which is 8% below the national median and 8% below the Pennsylvania state average.
City Median
$119,600
vs State Avg
$-10,400
vs National
$-10,400
Cost of Living
88%
Investment Banker Salary in Reading by Experience
In Reading, an entry-level investment banker earns around $73,600, while experienced professionals earn up to $276,000 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$73,600
$-6,400 vs national
Mid Level (3-7 yrs)
$124,200
$-10,800 vs national
Senior Level (8+ yrs)
$276,000
$-24,000 vs national
Salary Percentiles in Reading, PA
| Percentile | Reading |
|---|---|
| 10th Percentile | $69,000 |
| 25th Percentile | $87,400 |
| Median (50th) | $119,600 |
| 75th Percentile | $193,200 |
| 90th Percentile | $294,400 |
Investment Banker Salary in Other Pennsylvania Cities
How to Become a Investment Banker in Reading
Education
Most investment banker positions require a bachelor's degree. Reading 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 Reading may vary based on local industry and population growth.