Best cities for an investment banking analyst
The best cities for investment banking analysts are San Francisco, CA, Cleveland, OH, and New York, NY, based on factors like average salary and job availability per capita. Jobs and pay for investment banking analysts vary across the country, but we've determined the ten best cities for investment banking analysts in the U.S.
Whether you're starting your career as an investment banking analyst or considering a move, this list of the best cities for investment banking analysts to live in will help you decide. These aren't just the best-paying cities for investment banking analysts. We also consider how easy it is to find work as an investment banking analyst. While the absolute best city for investment banking analysts is San Francisco, CA, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for investment banking analysts in 2024.
If you're looking for an investment banking analyst job, here are five companies hiring now:
10 best cities for investment banking analysts in 2026
1. San Francisco, CA
Total investment banking analyst jobs: 129 Average annual salary: $108,878 Lowest 10 percent warn: $67,000 Highest 10 percent earn: $176,000 Location quotient: 16.19 2. Cleveland, OH
Total investment banking analyst jobs: 6 Average annual salary: $79,300 Lowest 10 percent warn: $51,000 Highest 10 percent earn: $123,000 Location quotient: 4.74 3. New York, NY
Total investment banking analyst jobs: 81 Average annual salary: $95,316 Lowest 10 percent warn: $61,000 Highest 10 percent earn: $148,000 Location quotient: 52.16 4. Philadelphia, PA
Total investment banking analyst jobs: 8 Average annual salary: $83,117 Lowest 10 percent warn: $53,000 Highest 10 percent earn: $128,000 Location quotient: 2.08 5. Los Angeles, CA
Total investment banking analyst jobs: 38 Average annual salary: $101,566 Lowest 10 percent warn: $63,000 Highest 10 percent earn: $162,000 Location quotient: 5.56 6. Reno, NV
Total investment banking analyst jobs: 0 Average annual salary: $88,328 Lowest 10 percent warn: $53,000 Highest 10 percent earn: $144,000 Location quotient: 0.00 7. Toledo, OH
Total investment banking analyst jobs: 0 Average annual salary: $77,702 Lowest 10 percent warn: $50,000 Highest 10 percent earn: $120,000 Location quotient: 0.00 8. Fremont, CA
Total investment banking analyst jobs: 0 Average annual salary: $108,545 Lowest 10 percent warn: $66,000 Highest 10 percent earn: $175,000 Location quotient: 0.00 9. Columbus, OH
Total investment banking analyst jobs: 0 Average annual salary: $77,535 Lowest 10 percent warn: $50,000 Highest 10 percent earn: $118,000 Location quotient: 0.00 10. San Jose, CA
Total investment banking analyst jobs: 0 Average annual salary: $108,473 Lowest 10 percent warn: $66,000 Highest 10 percent earn: $175,000 Location quotient: 0.00
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Best cities for investment banking analysts
- San Francisco, CA
- Cleveland, OH
- New York, NY
- Philadelphia, PA
- Los Angeles, CA
- Reno, NV
- Toledo, OH
- Fremont, CA
- Columbus, OH
- San Jose, CA
- (129 investment banking analyst jobs)
- (6 investment banking analyst jobs)
- (81 investment banking analyst jobs)
- (8 investment banking analyst jobs)
- (38 investment banking analyst jobs)
- (0 investment banking analyst jobs)
- (0 investment banking analyst jobs)
- (0 investment banking analyst jobs)
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Detailed list of the best cities for an investment banking analyst
| Rank | City | Average salary | Lowest 10% Earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | San Francisco, CA | $108,878 | $67,000 | 870,887 | 129 |
| 2 | Cleveland, OH | $79,300 | $51,000 | 385,809 | 6 |
| 3 | New York, NY | $95,316 | $61,000 | 8,537,673 | 81 |
| 4 | Philadelphia, PA | $83,117 | $53,000 | 1,567,872 | 8 |
| 5 | Los Angeles, CA | $101,566 | $63,000 | 3,976,322 | 38 |
| 6 | Reno, NV | $88,328 | $53,000 | 245,255 | - |
| 7 | Toledo, OH | $77,702 | $50,000 | 278,508 | - |
| 8 | Fremont, CA | $108,545 | $66,000 | 233,136 | - |
| 9 | Columbus, OH | $77,535 | $50,000 | 860,090 | - |
| 10 | San Jose, CA | $108,473 | $66,000 | 1,025,350 | - |
| 11 | Oakland, CA | $108,724 | $67,000 | 420,005 | - |
| 12 | Stockton, CA | $108,034 | $66,000 | 307,072 | - |
| 13 | Houston, TX | $79,223 | $51,000 | 2,303,482 | 80 |
| 14 | Sacramento, CA | $107,986 | $66,000 | 495,234 | - |
| 15 | Fresno, CA | $107,035 | $66,000 | 522,053 | - |
| 16 | Las Vegas, NV | $85,428 | $52,000 | 632,912 | - |
| 17 | North Las Vegas, NV | $85,263 | $52,000 | 238,702 | - |
| 18 | Henderson, NV | $85,065 | $52,000 | 292,969 | - |
| 19 | Jersey City, NJ | $91,901 | $59,000 | 264,152 | 10 |
| 20 | Pittsburgh, PA | $78,298 | $50,000 | 303,625 | - |
| 21 | Bakersfield, CA | $105,580 | $65,000 | 376,380 | - |
| 22 | Brookhaven, NY | $95,982 | $61,000 | 486,040 | - |
| 23 | Islip, NY | $95,843 | $61,000 | 335,543 | - |
| 24 | Oyster Bay, NY | $95,629 | $61,000 | 293,214 | - |
| 25 | Hempstead, NY | $95,550 | $61,000 | 759,757 | - |
| 26 | Long Beach, CA | $100,628 | $62,000 | 470,130 | - |
| 27 | Dallas, TX | $78,458 | $51,000 | 1,317,929 | 8 |
| 28 | Raleigh, NC | $76,816 | $50,000 | 458,880 | 3 |
| 29 | Anaheim, CA | $100,512 | $62,000 | 351,043 | - |
| 30 | Irvine, CA | $99,932 | $62,000 | 266,122 | 1 |
| 31 | El Paso, TX | $80,374 | $51,000 | 683,080 | - |
| 32 | Cincinnati, OH | $75,770 | $49,000 | 298,800 | - |
| 33 | Lubbock, TX | $78,925 | $50,000 | 252,506 | - |
| 34 | Riverside, CA | $100,236 | $62,000 | 324,722 | - |
| 35 | Austin, TX | $79,436 | $51,000 | 947,890 | 2 |
| 36 | Santa Ana, CA | $100,213 | $62,000 | 334,217 | - |
| 37 | San Antonio, TX | $79,558 | $51,000 | 1,492,510 | - |
| 38 | Plano, TX | $78,253 | $50,000 | 286,057 | 2 |
| 39 | Corpus Christi, TX | $79,405 | $51,000 | 325,733 | - |
| 40 | Laredo, TX | $79,762 | $52,000 | 257,156 | - |
| 41 | Garland, TX | $78,331 | $50,000 | 234,943 | - |
| 42 | Newark, NJ | $91,826 | $59,000 | 281,764 | - |
| 43 | Fort Worth, TX | $78,548 | $51,000 | 854,113 | - |
| 44 | Charlotte, NC | $74,765 | $49,000 | 842,051 | 30 |
| 45 | San Diego, CA | $97,062 | $61,000 | 1,406,630 | 1 |
| 46 | Seattle, WA | $87,266 | $52,000 | 704,352 | 1 |
| 47 | Arlington, TX | $78,540 | $51,000 | 392,772 | - |
| 48 | Durham, NC | $76,706 | $50,000 | 263,016 | - |
| 49 | Glendale, AZ | $79,620 | $50,000 | 245,895 | - |
| 50 | Irving, TX | $78,432 | $51,000 | 238,289 | - |
Highest paying cities for investment banking analysts
| Rank | City | Avg. investment banking analyst salary |
|---|---|---|
| 1 | San Francisco, CA | $108,878 |
| 2 | New York, NY | $95,316 |
| 3 | Hoboken, NJ | $91,928 |
| 4 | Seattle, WA | $87,266 |
| 5 | Stamford, CT | $87,018 |
| 6 | Baltimore, MD | $83,243 |
| 7 | Philadelphia, PA | $83,117 |
| 8 | Boston, MA | $82,039 |
| 9 | Arlington, VA | $80,956 |
| 10 | Phoenix, AZ | $79,589 |
| 11 | Austin, TX | $79,436 |
| 12 | Cleveland, OH | $79,300 |
| 13 | Minneapolis, MN | $78,000 |
| 14 | Raleigh, NC | $76,816 |
| 15 | Chicago, IL | $75,337 |
| 16 | Salt Lake City, UT | $74,575 |
| 17 | Atlanta, GA | $74,548 |
| 18 | Newark, DE | $74,301 |
| 19 | Milwaukee, WI | $74,222 |
| 20 | Saint Louis, MO | $72,376 |
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Updated January 8, 2025