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FinanceTexas (TX)

Financial Advisor Salary in Texas

Take-home pay breakdown using 2025 tax rates โ€” single filer, standard deduction

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Texas has no state income tax!
Texas is one of a handful of states with no individual income tax, which means you keep more of every paycheck compared to most other states. No state income tax. Among the highest property tax rates in the US.
$99,580
Gross Salary
national median
$78,441
Annual Take-Home
78.8% of gross
$6,537
Monthly Take-Home
after all taxes
$3,017
Bi-Weekly Paycheck
after all taxes

Full Tax Breakdown โ€” Texas

Based on national median Financial Advisor salary of $99,580, single filer, 2025 tax year

Gross Annual Salary
$99,580
Deductions
Federal Income Tax
Effective rate: 13.6%
-$13,521
Texas State Income Tax
No state income tax!
$0
Social Security Tax
6.2% up to wage base
-$6,174
Medicare Tax
1.45%
-$1,444
Total Taxes
21.2% effective rate
-$21,139
Net Take-Home Pay (Annual)
$78,441
Net Take-Home Pay (Monthly)
$6,537
Net Take-Home Pay (Bi-Weekly)
$3,017

Where Your Money Goes

Take-Home Pay$78,441 (78.8%)
Federal Income Tax$13,521 (13.6%)
Texas State Tax (none)$0 (0.0%)
FICA (SS + Medicare)$7,618 (7.7%)

Texas vs. National Average

National Median Salary
$99,580
Used for calculations on this page
State Income Tax
None โ˜…
Texas has no state income tax
Property Tax Rate
1.8%
Effective rate on home value
State Sales Tax
6.3%
State rate (local rates may vary)

No state income tax. Among the highest property tax rates in the US.

Frequently Asked Questions โ€” Financial Advisor in Texas

How much does a Financial Advisor take home in Texas?

On a national median salary of $99,580, a Financial Advisor in Texas takes home approximately $78,441/year ($6,537/month) after federal income tax, FICA taxes (no state income tax in Texas). This represents an effective total tax rate of 21.2%.

Does Texas have a state income tax?

Texas has no state individual income tax, which is a significant advantage for workers. On a $99,580 salary, you save $3,983โ€“$6,971 compared to living in a high-tax state. No state income tax. Among the highest property tax rates in the US.

How does Texas compare to other states for Financial Advisors?

Texas is one of nine states with no state income tax, giving workers a built-in take-home pay advantage. On the same $99,580 salary, Texas residents keep more than workers in states like California, New York, or Minnesota.

What other taxes does a Financial Advisor pay in Texas?

In addition to federal income tax, workers pay FICA taxes: Social Security (6.2% on wages up to the $168,600 wage base in 2025) and Medicare (1.45%, plus 0.9% surcharge on earnings over $200,000). Local income taxes may also apply in some Texas cities. Texas's property tax rate is 1.8%, and the state sales tax rate is 6.3%.

Calculations use 2025 federal and state tax rates. Single filer, standard deduction. Does not include local taxes, pre-tax retirement contributions, or employer benefits. Salary data sourced from U.S. Bureau of Labor Statistics (BLS) OEWS. Last updated: March 2025. For personalized calculations, use the Paycheck Calculator.