How much does a Financial and Investment Analysts actually take home in Massachusetts?
5.0% flat rate — 26.7% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
Some links are affiliate links. See our disclosure.
Detailed line-by-line tax calculation for a Financial and Investment Analysts earning $103,240 in Massachusetts (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $103,240 | — |
| Federal Income Tax | -$14,553 | 14.1% |
| Massachusetts State Income Tax | -$5,162 | 5.0% |
| Social Security (OASDI) | -$6,400 | 6.2% |
| Medicare | -$1,496 | 1.5% |
| Total Taxes | -$27,613 | 26.7% |
| Take-Home Pay | $75,626 | 73.3% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Financial and Investment Analysts in Massachusetts.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $66,270 | -$14,803 | $51,466 | 22.3% |
| 25th Percentile (P25) | $79,750 | -$19,474 | $60,275 | 24.4% |
| Median (P50) | $103,240 | -$27,613 | $75,626 | 26.7% |
| 75th Percentile (P75) | $155,700 | -$46,602 | $109,097 | 29.9% |
| 90th Percentile (P90) | $209,490 | -$64,102 | $145,387 | 30.6% |
After federal income tax ($14,553), state tax ($5,162), and FICA ($7,897), a Financial and Investment Analysts in Massachusetts takes home $75,626 per year — or $6,302 per month. The effective tax rate of 26.7% is moderate compared to the national range.
Where does a Financial and Investment Analysts keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Massachusetts ranks #5 out of 50 states for Financial and Investment Analysts after-tax take-home pay.
A Financial and Investment Analysts in Massachusetts earning a median salary of $103,240 will take home approximately $75,626 per year after federal income tax ($14,553), state income tax ($5,162), and FICA ($7,897). That is $6,302 per month or $2,908 per bi-weekly paycheck.
The effective total tax rate for a Financial and Investment Analysts in Massachusetts is 26.7%, broken down as: federal income tax 14.1%, Massachusetts state tax 5.0%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
Massachusetts has a 5.0% flat rate. On a Financial and Investment Analysts's median salary of $103,240, the state income tax amounts to $5,162 per year, which is an effective state rate of 5.0%.
After all taxes, a Financial and Investment Analysts in Massachusetts takes home approximately $6,302 per month, or about $36.36 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2024 BLS median salary of $103,240 for Financial and Investment Analysts in Massachusetts, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Massachusetts state income tax (5.0% flat rate), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $75,626/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR