Last updated: 2025 BLS data · Page refreshed:
How much does a Personal Financial Advisors actually take home in Maryland?
Progressive (up to 5.8%) — 26.2% 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 $99,880 in Maryland (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $99,880 | — |
| Federal Income Tax | -$13,814 | 13.8% |
| Maryland State Income Tax | -$4,691 | 4.7% |
| Social Security (OASDI) | -$6,192 | 6.2% |
| Medicare | -$1,448 | 1.5% |
| Total Taxes | -$26,147 | 26.2% |
| Take-Home Pay | $73,732 | 73.8% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Personal Financial Advisors in Maryland.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $47,810 | -$9,629 | $38,180 | 20.1% |
| 25th Percentile (P25) | $63,090 | -$13,491 | $49,598 | 21.4% |
| Median (P50) | $99,880 | -$26,147 | $73,732 | 26.2% |
| 75th Percentile (P75) | $174,930 | -$53,142 | $121,787 | 30.4% |
| 90th Percentile (P90) | $378,060 | -$135,246 | $242,813 | 35.8% |
After federal income tax ($13,814), state tax ($4,691), and FICA ($7,640), a Personal Financial Advisors in Maryland takes home $73,732 per year — or $6,144 per month. The effective tax rate of 26.2% is moderate compared to the national range.
A Personal Financial Advisors in Maryland loses 26.2% of gross pay to taxes — higher than the ~25% national midpoint. Of the $99,880 gross, $73,733 lands in the paycheck after federal ($13,815), state ($4,692), and FICA ($7,641) withholding.
Maryland uses a progressive state income tax, so brackets escalate as wages rise. For this Personal Financial Advisors salary the state tax works out to $4,692 (4.7% effective) — on top of federal and FICA.
Federal tax on this Personal Financial Advisors salary is $13,815 (53%), but combined state ($4,692, 18%) + FICA ($7,641, 29%) make up the other 47% of the bill.
Moving this same Personal Financial Advisors salary to a zero-state-tax state would yield around $78,425 net — a gain of $4,692 (6.4%) per year versus Maryland.
Maryland ranks #24 of 49 states for Personal Financial Advisors after-tax pay — comfortably in the upper half.
Translated into paycheck cadences, $73,733 net/year works out to $6,144/month or $2,836/bi-weekly for this Personal Financial Advisors in Maryland — 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.
Maryland ranks #24 out of 49 states for Personal Financial Advisors after-tax take-home pay.
A Personal Financial Advisors in Maryland earning a median salary of $99,880 will take home approximately $73,732 per year after federal income tax ($13,814), state income tax ($4,691), and FICA ($7,640). That is $6,144 per month or $2,835 per bi-weekly paycheck.
The effective total tax rate for a Personal Financial Advisors in Maryland is 26.2%, broken down as: federal income tax 13.8%, Maryland state tax 4.7%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
Maryland has a progressive (up to 5.8%). On a Personal Financial Advisors's median salary of $99,880, the state income tax amounts to $4,691 per year, which is an effective state rate of 4.7%.
After all taxes, a Personal Financial Advisors in Maryland takes home approximately $6,144 per month, or about $35.45 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 $99,880 for Personal Financial Advisors in Maryland, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Maryland state income tax (progressive (up to 5.8%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $73,732/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