Financial Planner Salary in Memphis, TN
Financial Planner salary data for Memphis, TN — 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 Memphis, TN — 2026
The median Financial Planner salary in Memphis, TN is $80,840 per year ($6,737/month, $39/hr). This reflects the local cost of living index of 86, which is 14% below the national average.
Financial Planner Take-Home Pay in Memphis
Tax Breakdown (Median Salary)
| Gross Annual | $80,840 |
| Federal Tax | -$9,399 |
| State Tax (0.0%) | -$0 |
| FICA (SS + Medicare) | -$6,184 |
| Annual Take-Home | $65,257 |
| Monthly Take-Home | $5,438 |
Living Cost Comparison
Financial Planner Requirements
Key Skills
Memphis Job Market Overview
Memphis, Tennessee has a population of 633,104 and an unemployment rate of 4.2%. The top industries are Logistics, Healthcare, Manufacturing. The local job growth rate is 1.0%, and the average commute time is 24 minutes.
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Frequently Asked Questions
What is the average Financial Planner salary in Memphis, TN?
How much does a Financial Planner take home in Memphis after taxes?
Is Memphis a good city for Financial Planners?
What skills are needed for a Financial Planner in Memphis?
How does Financial Planner salary in Memphis compare to the national average?
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Frequently Asked Questions
What is the average Financial Planner salary in Memphis, TN?
The median Financial Planner salary in Memphis, TN is $80,840 per year as of 2026. This is adjusted for the local cost of living index of 86. Entry-level Financial Planners earn around $48,160, while senior-level professionals can earn $110,080 or more.
How much does a Financial Planner take home in Memphis after taxes?
A Financial Planner earning the median salary of $80,840 in Memphis, TN takes home approximately $65,257 per year ($5,438/month) after federal, state, and local taxes. The effective tax rate is 19.3%.
Is Memphis a good city for Financial Planners?
Memphis, TN has a cost of living index of 86 (below national average). Financial Planners here earn above the city median. The local unemployment rate is 4.2% and top industries include Logistics, Healthcare, Manufacturing.
What skills are needed for a Financial Planner in Memphis?
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 Memphis compare to the national average?
The national median Financial Planner salary is $94,000. In Memphis, the adjusted salary is $80,840, which is 14.0% lower than the national average, reflecting the local cost of living.