Business & Finance Salt Lake City, UT Pop. 200,133

Investment Banker Salary in Salt Lake City, Utah

The median investment banker salary in Salt Lake City, UT is $132,600 per year, which is 2.0% above the national median and 5.2% above the Utah state average.

City Median
$132,600
vs State Avg
+$6,500
vs National
+$2,600
Cost of Living
102%

Investment Banker Salary in Salt Lake City by Experience

In Salt Lake City, 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 102% 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 Salt Lake City, UT

Percentile Salt Lake City
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 Utah Cities

How to Become a Investment Banker in Salt Lake City

Education

Most investment banker positions require a bachelor's degree. Salt Lake City and the surrounding Utah 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 Salt Lake City may vary based on local industry and population growth.