Business & Finance Cranston, RI Pop. 82,934

Investment Banker Salary in Cranston, Rhode Island

The median investment banker salary in Cranston, RI is $132,600 per year, which is 2.0% above the national median and 4.7% below the Rhode Island state average.

City Median
$132,600
vs State Avg
$-6,500
vs National
+$2,600
Cost of Living
100%

Investment Banker Salary in Cranston by Experience

In Cranston, an entry-level investment banker earns around $81,600, while experienced professionals earn up to $306,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$81,600
+$1,600 vs national
Mid Level (3-7 yrs)
$137,700
+$2,700 vs national
Senior Level (8+ yrs)
$306,000
+$6,000 vs national

Salary Percentiles in Cranston, RI

Percentile Cranston
10th Percentile $76,500
25th Percentile $96,900
Median (50th) $132,600
75th Percentile $214,200
90th Percentile $326,400

Investment Banker Salary in Other Rhode Island Cities

How to Become a Investment Banker in Cranston

Education

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