Investment Banker Salary: Nashville, TN vs Seattle, WA
BLS reports this occupation as "Securities, Commodities, and Financial Services Sales Agents" (41-3031); every figure on this page is for that BLS occupation.
Side-by-side comparison of wages and local price levels for Investment Bankers in Nashville, TN and Seattle, WA, based on BLS OEWS May 2025 wage data and BEA regional price parities for 2024.
1Which City Pays More?
Detailed Comparison
| Metric | Nashville, TN | Seattle, WA | Diff |
|---|---|---|---|
| Median Annual Salary | $60,590 | $77,860▲ | -$17,270 |
| 25th Percentile | $48,900 | $61,020▲ | -$12,120 |
| 75th Percentile | $98,230 | $104,730▲ | -$6,500 |
| 90th Percentile | $151,620▲ | $151,580 | +$40 |
| Price Level (BEA 2024, US = 100) | 96.3 | 111.1 | -14.8 |
| Median at National-Average Prices | $62,893 | $70,060▲ | -$7,167 |
| Total Employment | 4,880 | 5,400 | -520 |
3Summary Analysis
On paper, Seattle, WA pays $17,270 more (median: $60,590 vs $77,860). BEA's regional price parity is 96.3 in Nashville, TN and 111.1 in Seattle, WA (United States = 100). At national-average prices the medians are $62,893 and $70,060, so Seattle, WA comes out ahead once local prices are counted.
5Reading This Comparison
The $17,270 gap between the two medians is a gap in dollars, not in what those dollars buy. Dividing each median by its area's regional price parity restates it at national-average prices: $62,893 for Nashville and $70,060 for Seattle, a difference of $7,167.
The price levels come from the U.S. Bureau of Economic Analysis, which describes them this way: “Regional price parities (RPPs) measure the differences in price levels across states and metropolitan areas for a given year and are expressed as a percentage of the overall national price level.” The figures used here are the all-items index for each whole metropolitan area (Nashville-Davidson--Murfreesboro--Franklin, TN; Seattle-Tacoma-Bellevue, WA) and cover prices only, not taxes.
BLS estimates 4,880 Investment Banker jobs in the Nashville area and 5,400 in the Seattle area. For broader context, see our Tennessee overview and the full Investment Banker city ranking.
Frequently Asked Questions
Is Investment Banker salary higher in Nashville, TN or Seattle, WA?
Seattle, WA has the higher median wage for Investment Bankers ($77,860 per year, against $60,590 in Nashville, TN; BLS OEWS May 2025). Restated at national-average prices using BEA regional price parities, the medians are $62,893 in Nashville, TN and $70,060 in Seattle, WA.
How do prices compare between Nashville, TN and Seattle, WA?
The U.S. Bureau of Economic Analysis puts the 2024 regional price parity at 96.3 for the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area and 111.1 for the Seattle-Tacoma-Bellevue, WA metropolitan area, where the United States is 100. That is 3.7% below the national level for Nashville, TN and 11.1% above the national level for Seattle, WA.
Which city pays Investment Bankers more once local prices are counted?
Seattle, WA: at national-average prices its median Investment Banker wage is $70,060, against $62,893 for Nashville, TN. The adjustment divides each median by the area's BEA regional price parity and covers prices only, not taxes.