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Job outlook for investment bankers in the United States
Are investment banker jobs in demand?
Yes, investment banker jobs are in demand. Investment banker demand is projected to grow 10% from 2018 to 2028.
Investment banker job and salary trends over time
Compare the number of investment banker jobs and the average investment banker salary over time.
Investment banker jobs over time
Investment banker job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 1,092 | 0.00% |
| 2020 | 1,127 | 0.00% |
| 2019 | 1,121 | 0.00% |
| 2018 | 1,064 | 0.00% |
| 2017 | 997 | 0.00% |
Average investment banker salary over time
Investment banker salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $162,715 | $78.23 | +4.0% |
| 2024 | $156,434 | $75.21 | --2.9% |
| 2023 | $161,082 | $77.44 | +0.5% |
| 2022 | $160,228 | $77.03 | --5.2% |
| 2021 | $169,096 | $81.30 | --5.9% |
Investment banker jobs by state
The map below shows you the number of investment banker job openings in each state. The darker areas on the map show where investment bankers earn the highest salaries across all 50 states.
Average salary: Job openings:
Most common states for investment bankers
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | Delaware | 961,939 | 71 | 7% |
| 2 | Rhode Island | 1,059,639 | 70 | 7% |
| 3 | District of Columbia | 693,972 | 51 | 7% |
| 4 | Ohio | 11,658,609 | 681 | 6% |
| 5 | South Dakota | 869,666 | 52 | 6% |
| 6 | Vermont | 623,657 | 40 | 6% |
| 7 | Wyoming | 579,315 | 33 | 6% |
| 8 | New York | 19,849,399 | 898 | 5% |
| 9 | Illinois | 12,802,023 | 615 | 5% |
| 10 | New Jersey | 9,005,644 | 452 | 5% |
| 11 | Massachusetts | 6,859,819 | 373 | 5% |
| 12 | Indiana | 6,666,818 | 343 | 5% |
| 13 | Maryland | 6,052,177 | 326 | 5% |
| 14 | North Dakota | 755,393 | 38 | 5% |
| 15 | Pennsylvania | 12,805,537 | 574 | 4% |
| 16 | North Carolina | 10,273,419 | 380 | 4% |
| 17 | South Carolina | 5,024,369 | 221 | 4% |
| 18 | Wisconsin | 5,795,483 | 218 | 4% |
| 19 | Alabama | 4,874,747 | 189 | 4% |
| 20 | Connecticut | 3,588,184 | 148 | 4% |
Most common cities for investment bankers
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Chicago | 2 | 0% | $157,098 |
| 2 | Baltimore | 1 | 0% | $160,258 |
| 3 | Boston | 1 | 0% | $175,566 |
| 4 | San Francisco | 1 | 0% | $163,655 |
| 5 | Seattle | 1 | 0% | $168,805 |