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 Pay in Reading: What to Expect (2026)

Reading offers a median investment banker salary of $119,600, which is $10,400 below the Pennsylvania state average of $130,000. Compared to the national median of $130,000, Reading pays below the national benchmark for this role.

One of Reading's biggest advantages is its low cost of living at 88% of the national average. This means the $119,600 salary stretches further here — equivalent to roughly $135,909 in an average-cost city. This makes Reading an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Reading spans from $69,000 at the 10th percentile to $294,400 at the 90th percentile — a $225,400 spread. Entry-level professionals start around $73,600, while senior investment bankers with 8+ years of experience can earn up to $276,000. Reading is a smaller market (pop. 95,112), which may mean fewer openings but also less competition for available positions.

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.

Find Investment Banker Jobs in Reading

Browse open investment banker positions in Reading, PA:

Frequently Asked Questions: Investment Banker Salary in Reading

How much does a Investment Banker make in Reading, PA? ▼
The median investment banker salary in Reading, Pennsylvania is $119,600 per year, which is 8% below the national median of $130,000. Salaries range from $69,000 (10th percentile) to $294,400 (90th percentile).
How much does a Investment Banker make per hour in Reading? ▼
Based on the median annual salary of $119,600, a investment banker in Reading earns approximately $58 per hour assuming a standard 2,080-hour work year.
How does Reading compare to the Pennsylvania state average for investment banker pay? ▼
Reading's median investment banker salary of $119,600 is 8% below the Pennsylvania state average of $130,000. The local cost of living index is 88% of the national average.
What is the cost of living in Reading, PA? ▼
Reading has a cost of living index of 88% compared to the national average. This means a investment banker salary of $119,600 in Reading has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Reading? ▼
Most investment banker positions in Reading 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.