Business & Finance Knoxville, TN Pop. 190,740

Investment Banker Salary in Knoxville, Tennessee

The median investment banker salary in Knoxville, TN is $114,400 per year, which is 12% below the national median and 1.1% below the Tennessee state average.

City Median
$114,400
vs State Avg
$-1,300
vs National
$-15,600
Cost of Living
88%

Investment Banker Pay in Knoxville: What to Expect (2026)

Knoxville offers a median investment banker salary of $114,400, which is $1,300 below the Tennessee state average of $115,700. Compared to the national median of $130,000, Knoxville pays below the national benchmark for this role.

One of Knoxville's biggest advantages is its low cost of living at 88% of the national average. This means the $114,400 salary stretches further here — equivalent to roughly $130,000 in an average-cost city. This makes Knoxville an attractive option for investment bankers seeking strong real-dollar compensation.

The salary range for investment bankers in Knoxville spans from $66,000 at the 10th percentile to $281,600 at the 90th percentile — a $215,600 spread. Entry-level professionals start around $70,400, while senior investment bankers with 8+ years of experience can earn up to $264,000. With a population of 190,740, Knoxville is a mid-sized metro with a growing job market.

Investment Banker Salary in Knoxville by Experience

In Knoxville, an entry-level investment banker earns around $70,400, while experienced professionals earn up to $264,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$70,400
$-9,600 vs national
Mid Level (3-7 yrs)
$118,800
$-16,200 vs national
Senior Level (8+ yrs)
$264,000
$-36,000 vs national

Salary Percentiles in Knoxville, TN

Percentile Knoxville
10th Percentile $66,000
25th Percentile $83,600
Median (50th) $114,400
75th Percentile $184,800
90th Percentile $281,600

Investment Banker Salary in Other Tennessee Cities

Nashville, TN
$130,000
Pop. 689,447
Murfreesboro, TN
$119,600
Pop. 152,769
Chattanooga, TN
$114,400
Pop. 181,099
Memphis, TN
$111,800
Pop. 633,104

How to Become a Investment Banker in Knoxville

Education

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

Find Investment Banker Jobs in Knoxville

Browse open investment banker positions in Knoxville, TN:

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Frequently Asked Questions: Investment Banker Salary in Knoxville

How much does a Investment Banker make in Knoxville, TN? ▼
The median investment banker salary in Knoxville, Tennessee is $114,400 per year, which is 12% below the national median of $130,000. Salaries range from $66,000 (10th percentile) to $281,600 (90th percentile).
How much does a Investment Banker make per hour in Knoxville? ▼
Based on the median annual salary of $114,400, a investment banker in Knoxville earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Knoxville compare to the Tennessee state average for investment banker pay? ▼
Knoxville's median investment banker salary of $114,400 is 1.1% below the Tennessee state average of $115,700. The local cost of living index is 88% of the national average.
What is the cost of living in Knoxville, TN? ▼
Knoxville has a cost of living index of 88% compared to the national average. This means a investment banker salary of $114,400 in Knoxville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a investment banker in Knoxville? ▼
Most investment banker positions in Knoxville 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.