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Financial Planner Salary in Babylon, NY

Financial Planner salary data for Babylon, NY — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Financial Planner Salary in Babylon, NY — 2026

The median Financial Planner salary in Babylon, NY is $143,162 per year ($11,930/month, $69/hr). This reflects the local cost of living index of 152.3, which is 52% above the national average.

Entry Level
$85K
$41/hr
Median
$143K
$69/hr
Senior
$195K
$94/hr
Top Earner
$276K
$133/hr

Financial Planner Take-Home Pay in Babylon

Tax Breakdown (Median Salary)

Gross Annual$143,162
Federal Tax-$23,606
State Tax (6.8%)-$9,807
Local Tax (0.7%)-$988
FICA (SS + Medicare)-$10,952
Annual Take-Home$97,810
Monthly Take-Home$8,151

Living Cost Comparison

Median Rent$2,003/mo
Rent-to-Income Ratio16.8%
Median Home Price$474,000
Cost of Living Index152.3
City Median Salary$61,147
Financial Planner vs City Median+$82,015

Financial Planner Requirements

Education
Bachelor's Degree
Experience
2-5 years
Job Growth
15.0% (2024-2034)

Key Skills

Retirement PlanningTax PlanningInvestment ManagementInsuranceEstate Planning

Babylon Job Market Overview

Babylon, New York has a population of 213,234 and an unemployment rate of 3.8%. The top industries are Finance, Technology, Healthcare. The local job growth rate is 0.6%, and the average commute time is 21 minutes.

Frequently Asked Questions

What is the average Financial Planner salary in Babylon, NY?
The median Financial Planner salary in Babylon, NY is $143,162 per year as of 2026. This is adjusted for the local cost of living index of 152.3. Entry-level Financial Planners earn around $85,288, while senior-level professionals can earn $194,944 or more.
How much does a Financial Planner take home in Babylon after taxes?
A Financial Planner earning the median salary of $143,162 in Babylon, NY takes home approximately $97,810 per year ($8,151/month) after federal, state, and local taxes. The effective tax rate is 31.7%.
Is Babylon a good city for Financial Planners?
Babylon, NY has a cost of living index of 152.3 (above national average). Financial Planners here earn above the city median. The local unemployment rate is 3.8% and top industries include Finance, Technology, Healthcare.
What skills are needed for a Financial Planner in Babylon?
Key skills for Financial Planners include Retirement Planning, Tax Planning, Investment Management, Insurance, Estate Planning. Typical education requirement is Bachelor's Degree. Valuable certifications include CFP, ChFC, Series 65.
How does Financial Planner salary in Babylon compare to the national average?
The national median Financial Planner salary is $94,000. In Babylon, the adjusted salary is $143,162, which is 52.3% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Financial Planner salary in Babylon, NY?

The median Financial Planner salary in Babylon, NY is $143,162 per year as of 2026. This is adjusted for the local cost of living index of 152.3. Entry-level Financial Planners earn around $85,288, while senior-level professionals can earn $194,944 or more.

How much does a Financial Planner take home in Babylon after taxes?

A Financial Planner earning the median salary of $143,162 in Babylon, NY takes home approximately $97,810 per year ($8,151/month) after federal, state, and local taxes. The effective tax rate is 31.7%.

Is Babylon a good city for Financial Planners?

Babylon, NY has a cost of living index of 152.3 (above national average). Financial Planners here earn above the city median. The local unemployment rate is 3.8% and top industries include Finance, Technology, Healthcare.

What skills are needed for a Financial Planner in Babylon?

Key skills for Financial Planners include Retirement Planning, Tax Planning, Investment Management, Insurance, Estate Planning. Typical education requirement is Bachelor's Degree. Valuable certifications include CFP, ChFC, Series 65.

How does Financial Planner salary in Babylon compare to the national average?

The national median Financial Planner salary is $94,000. In Babylon, the adjusted salary is $143,162, which is 52.3% higher than the national average, reflecting the local cost of living.