SalariesByCity
BLS SOC 13-2099 · Texas · Updated 2026

Investment Banker Salary in Houston, TX

Investment Bankers in Houston, TX earn a median of $141,000/year, ranging from $108,570 (25th percentile) to $225,600 (90th percentile). After Texas state taxes (0%) and cost-of-living adjustments (COL index 107), this is equivalent to $131,776 in purchasing power vs the US average.

Median Annual
$141,000
BLS median
Entry Level (P25)
$108,570
25th percentile
Senior (P75)
$180,480
75th percentile
Top Earners (P90)
$225,600
90th percentile

1Salary Distribution in Houston, TX

P25
P75
P25
$108,570
Median
$141,000
P75
$180,480
P90
$225,600

2Estimated Take-Home & Purchasing Power

Gross Median Salary
$141,000
Before taxes
Est. Take-Home (After Tax)
$130,284
After 0% state + ~7.6% FICA
COL-Adjusted Purchasing Power
$121,761
vs US average (COL index: 107)

* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.

3

How Does Houston, TX Compare?

Nearby and similar metro areas
CityMedianCOL IndexCOL-Adjusted
Houston, TX (current)$141,000107$131,776
Austin, TX$154,000124$124,194
Dallas, TX$145,000112$129,464
El Paso, TX$97,00085$114,118
San Francisco, CA$193,000186$103,763
New York, NY$185,000187$98,930

4Frequently Asked Questions

What is the average Investment Banker salary in Houston, TX?

The median Investment Banker salary in Houston, TX is $141,000 per year as of 2026 BLS OEWS data. The 25th percentile is $108,570 and the 90th percentile is $225,600.

Is Houston, TX a good place to work as a Investment Banker?

Houston, TX has a cost of living index of 107 (US average = 100). After adjusting for cost of living, a $141,000 Investment Banker salary in Houston, TX is equivalent to $131,776 in purchasing power compared to the US average.

What is the cost of living adjustment for Houston, TX?

Houston, TX has a cost of living index of 107, meaning it is 7% more expensive than the US average. The state income tax rate in Texas is approximately 0%.

What is the Investment Banker salary range in Houston, TX?

In Houston, TX, Investment Bankers earn between $108,570 (25th percentile) and $225,600 (90th percentile), with a median of $141,000 per year.

How many Investment Banker jobs are there in Houston, TX?

According to BLS OEWS data, there are approximately 22,400 Investment Banker positions in the Houston, TX metropolitan area.

What do Investment Bankers earn in Houston, TX?

Based on BLS OEWS 2026 data, Investment Bankers in Houston, TX earn a median annual wage of $141,000. The middle 50% earn between $108,570 and $180,480. The top 10% earn more than $225,600. There are approximately 22,400 Investment Bankers employed in the Houston, TX metro area, with annual job growth estimated at 4.3%.

Is Houston, TX a good place for a Investment Banker?

Houston, TX has a cost of living index of 107 (US average = 100), making it 7% more expensive than the national average. After adjusting for cost of living, a Investment Banker in Houston, TX earning $141,000has the equivalent purchasing power of $131,776 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 Houston, TX?

Houston, TX's cost of living index is 107, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $141,000 in Houston, TXhas the same purchasing power as $131,776 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 Houston, 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.