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Investment Banker Salary in Albany, New York

Updated 2026-04-05BLS 2024 data — be the first to add a local report

Salary Distribution

BLS 2024
$71/ year

Median Investment Banker in Albany, NY

$39
10th
$48
25th
$71
Median
$98
75th
$120
90th

Compensation Breakdown

BLS 2024
Base salary (median)
$71
Total compensation (est.)
$82
Bonus range
$3,350 – $16,320
Mean salary
$75

How This Compares

Albany, NY median
$71
New York median
$100,990-99.9%
National median
$99,010-99.9%

Cost of living in Albany is 0% below the national average. Salary of $71 here is equivalent to $71 nationally.

Salary by Experience

0-2 years
$51-28.2%
3-5 years
$65-8.5%
6-10 years
$80+12.7%
10+ years
$98+38.0%

Salary by Company Size

Startup (< 100 employees)
$62-12.7%
Mid-size (100–5,000)
$71
Enterprise (5,000+)
$84+18.3%

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Investment Banker Salaries in Nearby Cities

New York, NY$170,297/yr
Buffalo, NY$99,010/yr
Rochester, NY$99,010/yr
Yonkers, NY$99,010/yr
Syracuse, NY$99,010/yr

Related Jobs in Albany

Financial Analyst$99,010/yr
Accountant$79,880/yr
CPA$79,880/yr
Financial Advisor$99,580/yr
Actuary$120,000/yr

Quick Numbers

Hourly (40hr week)$0/hr
Monthly gross$6/mo
25th percentile$48/yr
75th percentile$98/yr

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Market Context

via FRED

Fed Funds Rate

Mar 2026

3.64%

Inflation (CPI)

year-over-year

2.4%+0.04

National Unemployment

Mar 2026

4.3%-0.10

New York Unemployment

Dec 2025

4.6%+0.10

Avg Hourly Earnings

all private workers

$37.38+$0.09

10yr Treasury

Apr 2026

4.31%

Source: St. Louis Fed (FRED). Updated daily.

Investment Banker Salaries by City

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Frequently Asked Questions

What is the average Investment Banker salary in Albany?

The median Investment Banker salary in Albany is $71 per year, with a range from $48 at the 25th percentile to $98 at the 75th percentile. Total compensation including bonuses typically runs higher — see the breakdown above for the full picture.

How does Investment Banker pay in Albany compare to the national average?

Investment Banker salaries in Albany are 100% below the national median of $99,010. After adjusting for Albany's cost of living, the purchasing power of that salary is equivalent to roughly $71 nationally — which is the number that actually matters when comparing offers across cities.

What factors affect Investment Banker salaries in Albany?

In Albany, the biggest drivers are years of experience, company size, and industry vertical. Entry-level Investment Banker roles start around $39, while senior and staff-level positions at larger employers can reach $120 or above. Specialized skills and in-demand tools can also meaningfully shift where you land in the range.

Is Albany a good place for Investment Banker jobs?

Albany offers a Investment Banker median of $71, which is 100% below the US median of $99,010. Whether that makes it a good market depends on your personal cost-of-living equation — Albany is 0% cheaper than the national average, so factor that into your math.

How do I negotiate a higher Investment Banker salary?

Start with the data on this page: the 75th percentile for Investment Banker in Albany is $98, which is a defensible anchor for a negotiation. Come in with a specific number backed by real market data — not a range — and reference your experience tier. If you're above the median, ask for the 75th percentile. If you're already at the 75th, push for total comp improvements like equity or bonus instead.