Last updated: 2025 BLS data · Page refreshed:
How much does a Personal Financial Advisors actually take home in Indiana?
3.0% flat rate — 23.4% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Personal Financial Advisors earning $87,710 in Indiana (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $87,710 | — |
| Federal Income Tax | -$11,137 | 12.7% |
| Indiana State Income Tax | -$2,675 | 3.0% |
| Social Security (OASDI) | -$5,438 | 6.2% |
| Medicare | -$1,271 | 1.5% |
| Total Taxes | -$20,522 | 23.4% |
| Take-Home Pay | $67,187 | 76.6% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Personal Financial Advisors in Indiana.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $44,150 | -$8,038 | $36,111 | 18.2% |
| 25th Percentile (P25) | $50,200 | -$9,411 | $40,788 | 18.7% |
| Median (P50) | $87,710 | -$20,522 | $67,187 | 23.4% |
| 75th Percentile (P75) | $164,000 | -$46,446 | $117,553 | 28.3% |
| 90th Percentile (P90) | $319,330 | -$102,927 | $216,402 | 32.2% |
After federal income tax ($11,137), state tax ($2,675), and FICA ($6,709), a Personal Financial Advisors in Indiana takes home $67,187 per year — or $5,598 per month. The effective tax rate of 23.4% is relatively low compared to the national range.
With an effective total rate of 23.4%, a Personal Financial Advisors in Indiana keeps $67,188 of $87,710 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
Indiana applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Personal Financial Advisors salary that contributes $2,675 to the 3.0% effective state-tax burden.
Federal tax on this Personal Financial Advisors salary is $11,137 (54%), but combined state ($2,675, 13%) + FICA ($6,710, 33%) make up the other 46% of the bill.
Moving this same Personal Financial Advisors salary to a zero-state-tax state would yield around $69,863 net — a gain of $2,675 (4.0%) per year versus Indiana.
Indiana ranks #35 of 49 states for Personal Financial Advisors after-tax pay — lower half of the national distribution. Either gross wages trail the national median, state tax is elevated, or both.
Translated into paycheck cadences, $67,188 net/year works out to $5,599/month or $2,584/bi-weekly for this Personal Financial Advisors in Indiana — the numbers that actually hit a checking account after every deduction.
Where does a Personal Financial Advisors keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Indiana ranks #35 out of 49 states for Personal Financial Advisors after-tax take-home pay.
A Personal Financial Advisors in Indiana earning a median salary of $87,710 will take home approximately $67,187 per year after federal income tax ($11,137), state income tax ($2,675), and FICA ($6,709). That is $5,598 per month or $2,584 per bi-weekly paycheck.
The effective total tax rate for a Personal Financial Advisors in Indiana is 23.4%, broken down as: federal income tax 12.7%, Indiana state tax 3.0%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
Indiana has a 3.0% flat rate. On a Personal Financial Advisors's median salary of $87,710, the state income tax amounts to $2,675 per year, which is an effective state rate of 3.0%.
After all taxes, a Personal Financial Advisors in Indiana takes home approximately $5,598 per month, or about $32.30 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 2025 BLS median salary of $87,710 for Personal Financial Advisors in Indiana, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Indiana state income tax (3.0% flat rate), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $67,187/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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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