Business & Finance South Carolina (SC) Rank #40 of 50

Investment Banker Salary in South Carolina

The median investment banker salary in South Carolina is $115,700 per year, which is 11% below the national median of $130,000.

Median Salary
$115,700
vs National
$-14,300
State Rank
#40 of 50
Cost of Living
89%

Investment Banker Salary Overview in South Carolina (2026)

South Carolina ranks #40 out of 50 states for investment banker compensation. Investment Banker salaries in South Carolina are below the national median, though the lower cost of living can offset the difference. At $115,700 per year, investment bankers in South Carolina earn $14,300 less than the national median of $130,000.

A key advantage of working in South Carolina is its below-average cost of living (89% of the national index). This means the $115,700 salary has the purchasing power of roughly $130,000 in an average-cost area.

The salary spread in South Carolina is significant: investment bankers at the 10th percentile earn $66,750, while those at the 90th percentile bring home $284,800 — a $218,050 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in South Carolina for this role is Mount Pleasant, where the median reaches $136,500.

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). This steady growth indicates stable demand for investment bankers across the country.

Investment Banker Salary in South Carolina by Experience

In South Carolina, an entry-level investment banker earns around $71,200, while experienced professionals earn up to $267,000 per year. The cost of living index in South Carolina is 89% of the national average.

Entry Level (0-2 yrs)
$71,200
$-8,800 vs national
Mid Level (3-7 yrs)
$120,150
$-14,850 vs national
Senior Level (8+ yrs)
$267,000
$-33,000 vs national

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Salary Percentiles in South Carolina

Percentile SC Salary
10th Percentile $66,750
25th Percentile $84,550
Median (50th) $115,700
75th Percentile $186,900
90th Percentile $284,800

Investment Banker Salary by City in South Carolina

The largest employment areas for investment bankers in South Carolina include Charleston, Columbia, Greenville, and North Charleston. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in South Carolina

Education

Most investment banker positions require a bachelor's degree. South Carolina has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in South Carolina

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). South Carolina's demand may vary based on local industry trends.

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Frequently Asked Questions: Investment Banker Salary in South Carolina

How much does a Investment Banker make in South Carolina? ▼
The median investment banker salary in South Carolina is $115,700 per year, which is 11% below the national median of $130,000. Salaries range from $66,750 (10th percentile) to $284,800 (90th percentile).
How much does a Investment Banker make per hour in South Carolina? ▼
Based on the median annual salary of $115,700, a investment banker in South Carolina earns approximately $56 per hour assuming a standard 2,080-hour work year.
Is South Carolina a good state for investment bankers? ▼
South Carolina ranks #40 out of 50 states for investment banker pay. The cost of living index is 89% of the national average. Entry-level investment bankers earn $71,200, while senior professionals earn $267,000.
How does South Carolina compare to other states for investment banker salary? ▼
The highest paying state for investment bankers is Hawaii at $221,000. South Carolina's median of $115,700 ranks #40 nationally. Nearby-ranked states include Ohio ($117,000) and Iowa ($115,700).
What is the entry-level investment banker salary in South Carolina? ▼
An entry-level investment banker in South Carolina earns approximately $71,200 per year. With 3-7 years of experience, pay increases to around $120,150. Senior-level professionals with 8+ years earn up to $267,000.
What city in South Carolina pays investment bankers the most? ▼
Mount Pleasant is the highest paying city in South Carolina for investment bankers, with a median salary of $136,500. Other cities include Charleston and Columbia.