Business & Finance Texas (TX) Rank #31 of 50

Investment Banker Salary in Texas

The median investment banker salary in Texas is $119,600 per year, which is 8% below the national median of $130,000.

Median Salary
$119,600
vs National
$-10,400
State Rank
#31 of 50
Cost of Living
92%

Investment Banker Salary Overview in Texas (2026)

Texas ranks #31 out of 50 states for investment banker compensation. Investment Banker salaries in Texas are below the national median, though the lower cost of living can offset the difference. At $119,600 per year, investment bankers in Texas earn $10,400 less than the national median of $130,000.

A key advantage of working in Texas is its below-average cost of living (92% of the national index). This means the $119,600 salary has the purchasing power of roughly $130,000 in an average-cost area.

The salary spread in Texas is significant: investment bankers at the 10th percentile earn $69,000, while those at the 90th percentile bring home $294,400 — a $225,400 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Texas for this role is Austin, 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 Texas by Experience

In Texas, an entry-level investment banker earns around $73,600, while experienced professionals earn up to $276,000 per year. The cost of living index in Texas is 92% 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

You May Qualify for Premium Rewards

Professionals earning $119,600+ often qualify for premium rewards cards with $500+ signup bonuses and 2–5% cashback on every purchase.

View Offers You Qualify For →

Salary Percentiles in Texas

Percentile TX Salary
10th Percentile $69,000
25th Percentile $87,400
Median (50th) $119,600
75th Percentile $193,200
90th Percentile $294,400

Investment Banker Salary by City in Texas

The largest employment areas for investment bankers in Texas include Houston, Dallas, Austin, and San Antonio. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in Texas

Education

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

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Texas

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

Negotiate Your Way to Senior Pay

Data shows Investment Bankers who negotiate earn 7–15% more. A single negotiation could add $156,400 over your career trajectory.

Get Negotiation Scripts — $197 →

Open to Investment Banker Roles in Texas?

Get matched with recruiters hiring investment bankers in Texas at competitive salaries.

Or browse positions directly:

Frequently Asked Questions: Investment Banker Salary in Texas

How much does a Investment Banker make in Texas? ▼
The median investment banker salary in Texas 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 Texas? ▼
Based on the median annual salary of $119,600, a investment banker in Texas earns approximately $58 per hour assuming a standard 2,080-hour work year.
Is Texas a good state for investment bankers? ▼
Texas ranks #31 out of 50 states for investment banker pay. The cost of living index is 92% of the national average. Entry-level investment bankers earn $73,600, while senior professionals earn $276,000.
How does Texas compare to other states for investment banker salary? ▼
The highest paying state for investment bankers is Hawaii at $221,000. Texas's median of $119,600 ranks #31 nationally. Nearby-ranked states include New Mexico ($120,900) and Nebraska ($119,600).
What is the entry-level investment banker salary in Texas? ▼
An entry-level investment banker in Texas earns approximately $73,600 per year. With 3-7 years of experience, pay increases to around $124,200. Senior-level professionals with 8+ years earn up to $276,000.
What city in Texas pays investment bankers the most? ▼
Austin is the highest paying city in Texas for investment bankers, with a median salary of $136,500. Other cities include Houston and Dallas.