Last updated: 2025 BLS data · Page refreshed:
How much does a Securities, Commodities, and Financial Services Sales Agents actually take home in Maryland?
Progressive (up to 5.8%) — 21.1% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Securities, Commodities, and Financial Services Sales Agents earning $61,660 in Maryland (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $61,660 | — |
| Federal Income Tax | -$5,415 | 8.8% |
| Maryland State Income Tax | -$2,876 | 4.7% |
| Social Security (OASDI) | -$3,822 | 6.2% |
| Medicare | -$894 | 1.5% |
| Total Taxes | -$13,008 | 21.1% |
| Take-Home Pay | $48,651 | 78.9% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Securities, Commodities, and Financial Services Sales Agents in Maryland.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $50,300 | -$10,236 | $40,063 | 20.4% |
| 25th Percentile (P25) | $51,950 | -$10,639 | $41,310 | 20.5% |
| Median (P50) | $61,660 | -$13,008 | $48,651 | 21.1% |
| 75th Percentile (P75) | $94,340 | -$24,241 | $70,098 | 25.7% |
| 90th Percentile (P90) | $133,200 | -$38,074 | $95,125 | 28.6% |
After federal income tax ($5,415), state tax ($2,876), and FICA ($4,716), a Securities, Commodities, and Financial Services Sales Agents in Maryland takes home $48,651 per year — or $4,054 per month. The effective tax rate of 21.1% is relatively low compared to the national range.
With an effective total rate of 21.1%, a Securities, Commodities, and Financial Services Sales Agents in Maryland keeps $48,651 of $61,660 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
Maryland uses a progressive state income tax, so brackets escalate as wages rise. For this Securities, Commodities, and Financial Services Sales Agents salary the state tax works out to $2,876 (4.7% effective) — on top of federal and FICA.
Federal tax on this Securities, Commodities, and Financial Services Sales Agents salary is $5,415 (42%), but combined state ($2,876, 22%) + FICA ($4,717, 36%) make up the other 58% of the bill.
Moving this same Securities, Commodities, and Financial Services Sales Agents salary to a zero-state-tax state would yield around $51,528 net — a gain of $2,876 (5.9%) per year versus Maryland.
Maryland ranks #36 of 48 states for Securities, Commodities, and Financial Services Sales Agents 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, $48,651 net/year works out to $4,054/month or $1,871/bi-weekly for this Securities, Commodities, and Financial Services Sales Agents in Maryland — the numbers that actually hit a checking account after every deduction.
Where does a Securities, Commodities, and Financial Services Sales Agents keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Maryland ranks #36 out of 48 states for Securities, Commodities, and Financial Services Sales Agents after-tax take-home pay.
A Securities, Commodities, and Financial Services Sales Agents in Maryland earning a median salary of $61,660 will take home approximately $48,651 per year after federal income tax ($5,415), state income tax ($2,876), and FICA ($4,716). That is $4,054 per month or $1,871 per bi-weekly paycheck.
The effective total tax rate for a Securities, Commodities, and Financial Services Sales Agents in Maryland is 21.1%, broken down as: federal income tax 8.8%, 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 Securities, Commodities, and Financial Services Sales Agents's median salary of $61,660, the state income tax amounts to $2,876 per year, which is an effective state rate of 4.7%.
After all taxes, a Securities, Commodities, and Financial Services Sales Agents in Maryland takes home approximately $4,054 per month, or about $23.39 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 $61,660 for Securities, Commodities, and Financial Services Sales Agents 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 — $48,651/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