How much does a Securities, Commodities, and Financial Services Sales Agents actually take home in Massachusetts?
5.0% flat rate — 26.3% effective total tax rateData: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02
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Detailed line-by-line tax calculation for a Securities, Commodities, and Financial Services Sales Agents earning $97,830 in Massachusetts (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $97,830 | — |
| Federal Income Tax | -$13,363 | 13.7% |
| Massachusetts State Income Tax | -$4,891 | 5.0% |
| Social Security (OASDI) | -$6,065 | 6.2% |
| Medicare | -$1,418 | 1.5% |
| Total Taxes | -$25,739 | 26.3% |
| Take-Home Pay | $72,090 | 73.7% |
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 Massachusetts.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $50,050 | -$10,353 | $39,696 | 20.7% |
| 25th Percentile (P25) | $61,650 | -$13,212 | $48,437 | 21.4% |
| Median (P50) | $97,830 | -$25,739 | $72,090 | 26.3% |
| 75th Percentile (P75) | $134,610 | -$38,873 | $95,736 | 28.9% |
| 90th Percentile (P90) | $198,650 | -$60,480 | $138,169 | 30.4% |
After federal income tax ($13,363), state tax ($4,891), and FICA ($7,483), a Securities, Commodities, and Financial Services Sales Agents in Massachusetts takes home $72,090 per year — or $6,007 per month. The effective tax rate of 26.3% is moderate compared to the national range.
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.
Massachusetts ranks #2 out of 49 states for Securities, Commodities, and Financial Services Sales Agents after-tax take-home pay.
A Securities, Commodities, and Financial Services Sales Agents in Massachusetts earning a median salary of $97,830 will take home approximately $72,090 per year after federal income tax ($13,363), state income tax ($4,891), and FICA ($7,483). That is $6,007 per month or $2,772 per bi-weekly paycheck.
The effective total tax rate for a Securities, Commodities, and Financial Services Sales Agents in Massachusetts is 26.3%, broken down as: federal income tax 13.7%, 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 Securities, Commodities, and Financial Services Sales Agents's median salary of $97,830, the state income tax amounts to $4,891 per year, which is an effective state rate of 5.0%.
After all taxes, a Securities, Commodities, and Financial Services Sales Agents in Massachusetts takes home approximately $6,007 per month, or about $34.66 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 $97,830 for Securities, Commodities, and Financial Services Sales Agents 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 — $72,090/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