Investment Banker Salary in Dallas, TX
Investment Bankers in Dallas, TX earn a median of $145,000/year, ranging from $111,650 (25th percentile) to $232,000 (90th percentile). After Texas state taxes (0%) and cost-of-living adjustments (COL index 112), this is equivalent to $129,464 in purchasing power vs the US average.
1Salary Distribution in Dallas, TX
2Estimated Take-Home & Purchasing Power
* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.
How Does Dallas, TX Compare?
| City | Median | COL Index | COL-Adjusted |
|---|---|---|---|
| Dallas, TX (current) | $145,000 | 112 | $129,464 |
| Austin, TX | $154,000 | 124 | $124,194 |
| Houston, TX | $141,000 | 107 | $131,776 |
| El Paso, TX | $97,000 | 85 | $114,118 |
| San Francisco, CA | $193,000 | 186 | $103,763 |
| New York, NY | $185,000 | 187 | $98,930 |
4Frequently Asked Questions
What is the average Investment Banker salary in Dallas, TX?
The median Investment Banker salary in Dallas, TX is $145,000 per year as of 2026 BLS OEWS data. The 25th percentile is $111,650 and the 90th percentile is $232,000.
Is Dallas, TX a good place to work as a Investment Banker?
Dallas, TX has a cost of living index of 112 (US average = 100). After adjusting for cost of living, a $145,000 Investment Banker salary in Dallas, TX is equivalent to $129,464 in purchasing power compared to the US average.
What is the cost of living adjustment for Dallas, TX?
Dallas, TX has a cost of living index of 112, meaning it is 12% more expensive than the US average. The state income tax rate in Texas is approximately 0%.
What is the Investment Banker salary range in Dallas, TX?
In Dallas, TX, Investment Bankers earn between $111,650 (25th percentile) and $232,000 (90th percentile), with a median of $145,000 per year.
How many Investment Banker jobs are there in Dallas, TX?
According to BLS OEWS data, there are approximately 28,000 Investment Banker positions in the Dallas, TX metropolitan area.
What do Investment Bankers earn in Dallas, TX?
Based on BLS OEWS 2026 data, Investment Bankers in Dallas, TX earn a median annual wage of $145,000. The middle 50% earn between $111,650 and $185,600. The top 10% earn more than $232,000. There are approximately 28,000 Investment Bankers employed in the Dallas, TX metro area, with annual job growth estimated at 5.5%.
Is Dallas, TX a good place for a Investment Banker?
Dallas, TX has a cost of living index of 112 (US average = 100), making it 12% more expensive than the national average. After adjusting for cost of living, a Investment Banker in Dallas, TX earning $145,000has the equivalent purchasing power of $129,464 relative to the US median. Texas has no state income tax, which is a significant financial advantage.
What is the cost of living adjustment for Dallas, TX?
Dallas, TX's cost of living index is 112, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $145,000 in Dallas, TXhas the same purchasing power as $129,464 in a city at exactly the US average cost of living. Housing is typically the largest driver of cost of living differences between metros.
Compare Dallas, TX with Another City
See a detailed side-by-side comparison of salary, taxes, and purchasing power.
Data source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. All figures are approximate annual estimates based on the most recent available BLS data. Actual salaries may vary based on experience, education, employer size, and specific role. Cost-of-living data represents composite indices from publicly available metropolitan area data.