Investment Banker Salary in Memphis, TN
Investment Banker salary data for Memphis, TN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
Investment Banker Salary in Memphis, TN — 2026
The median Investment Banker salary in Memphis, TN is $127,280 per year ($10,607/month, $61/hr). This reflects the local cost of living index of 86, which is 14% below the national average.
Investment Banker Take-Home Pay in Memphis
Tax Breakdown (Median Salary)
| Gross Annual | $127,280 |
| Federal Tax | -$19,794 |
| State Tax (0.0%) | -$0 |
| FICA (SS + Medicare) | -$9,737 |
| Annual Take-Home | $97,749 |
| Monthly Take-Home | $8,146 |
Living Cost Comparison
Investment Banker Requirements
Key Skills
Memphis Job Market Overview
Memphis, Tennessee has a population of 633,104 and an unemployment rate of 4.2%. The top industries are Logistics, Healthcare, Manufacturing. The local job growth rate is 1.0%, and the average commute time is 24 minutes.
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Investment Banker Salary in Nearby Tennessee Cities
Frequently Asked Questions
What is the average Investment Banker salary in Memphis, TN?
How much does a Investment Banker take home in Memphis after taxes?
Is Memphis a good city for Investment Bankers?
What skills are needed for a Investment Banker in Memphis?
How does Investment Banker salary in Memphis compare to the national average?
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Frequently Asked Questions
What is the average Investment Banker salary in Memphis, TN?
The median Investment Banker salary in Memphis, TN is $127,280 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Investment Bankers earn around $85,140, while senior-level professionals can earn $222,740 or more.
How much does a Investment Banker take home in Memphis after taxes?
A Investment Banker earning the median salary of $127,280 in Memphis, TN takes home approximately $97,749 per year ($8,146/month) after federal, state, and local taxes. The effective tax rate is 23.2%.
Is Memphis a good city for Investment Bankers?
Memphis, TN has a cost of living index of 86 (below national average). Investment Bankers here earn above the city median. The local unemployment rate is 4.2% and top industries include Logistics, Healthcare, Manufacturing.
What skills are needed for a Investment Banker in Memphis?
Key skills for Investment Bankers include Financial Modeling, M&A, Capital Markets, Valuation, Pitchbooks. Typical education requirement is Bachelor's Degree. Valuable certifications include Series 79, CFA, Series 63.
How does Investment Banker salary in Memphis compare to the national average?
The national median Investment Banker salary is $148,000. In Memphis, the adjusted salary is $127,280, which is 14.0% lower than the national average, reflecting the local cost of living.