Investment Banker Salary in Washington, DC
BLS reports this occupation as "Securities, Commodities, and Financial Services Sales Agents" (41-3031); every figure on this page is for that BLS occupation.
Investment Bankers in Washington, DC earn a median of $64,300/year, ranging from $57,930 (25th percentile) to $173,090 (90th percentile). Prices in the area were 8.9% above the national level in 2024 (BEA regional price parity 108.9), so at national-average prices that median is equivalent to $59,054.
1Salary Distribution in Washington, DC
2Pay Adjusted for Local Prices
Price level: U.S. Bureau of Economic Analysis, regional price parity (all items) for the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area, 2024. The adjustment covers prices only, not taxes. Use the Salary Calculator to compare two areas.
How Does Washington, DC Compare?
| City | Median | Price Level | At National Prices |
|---|---|---|---|
| Washington, DC (current) | $64,300 | 108.9 | $59,054 |
| San Francisco, CA | $102,290 | 115.6 | $88,476 |
| New York, NY | $167,890 | 112.6 | $149,152 |
| Seattle, WA | $77,860 | 111.1 | $70,060 |
| Boston, MA | $101,200 | 108.3 | $93,473 |
| Austin, TX | $77,870 | 98.1 | $79,406 |
4Frequently Asked Questions
What is the average Investment Banker salary in Washington, DC?
The median Investment Banker salary in Washington, DC is $64,300 per year, based on BLS OEWS May 2025 data. The 25th percentile is $57,930 and the 90th percentile is $173,090.
How far does a Investment Banker salary go in Washington, DC?
Prices in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area were 8.9% above the national level in 2024: the U.S. Bureau of Economic Analysis puts its regional price parity at 108.9, where the United States is 100. Restated at national-average prices, the $64,300 median Investment Banker wage is $59,054.
What is the price level in Washington, DC?
The regional price parity for the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area was 108.9 in 2024 (United States = 100), which is 8.9% above the national level. It is the all-items index published by the U.S. Bureau of Economic Analysis.
What is the Investment Banker salary range in Washington, DC?
In Washington, DC, Investment Bankers earn between $57,930 (25th percentile) and $173,090 (90th percentile), with a median of $64,300 per year.
How many Investment Banker jobs are there in Washington, DC?
BLS OEWS May 2025 estimates put employment at 8,070 Investment Banker positions in the Washington, DC metropolitan area.
What do Investment Bankers earn in Washington, DC?
Based on BLS OEWS May 2025 data, Investment Bankers in Washington, DC earn a median annual wage of $64,300. The middle 50% earn between $57,930 and $104,840. The top 10% earn more than $173,090.There are approximately 8,070 Investment Bankers employed in the Washington, DC metro area.
How do prices in Washington, DC affect a Investment Banker salary?
The U.S. Bureau of Economic Analysis publishes a regional price parity for each metropolitan area. In its words: “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.” For the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area the 2024 figure is 108.9, which is 8.9% above the national level. Dividing the $64,300 median wage by that price level gives $59,054at national-average prices. The adjustment uses BEA's all-items index and covers prices only, not taxes.
Compare Washington, DC with Another City
See a side-by-side comparison of wages and local price levels.
5More Investment Banker Wage Data
Other metro areas for the same occupation: San Francisco, CA ($102,290 median, price level 115.6); New York, NY ($167,890 median, price level 112.6); Seattle, WA ($77,860 median, price level 111.1). The table above restates each median at national-average prices.
For side-by-side comparisons, try the full city ranking for Investment Bankers or the District of Columbia state overview.
Underlying wage source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. Figures are U.S. Bureau of Labor Statistics OEWS May 2025 estimates (annual wages: median and 25th, 75th and 90th percentiles; employment) for BLS occupation "Securities, Commodities, and Financial Services Sales Agents" (41-3031) in the metropolitan statistical area named in this source line, retrieved 2026-10-02. BLS area: Washington-Arlington-Alexandria, DC-VA-MD-WV. Actual salaries may vary based on experience, education, employer size, and specific role. Price levels: U.S. Bureau of Economic Analysis, regional price parities (all items) for 2024, tables last updated February 19, 2026. See our data disclaimer.