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Financial Planner Salary in Montgomery, AL — 2026

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

The median Financial Planner salary in Montgomery, AL 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.

Entry Level
$48K
$23/hr
Median
$81K
$39/hr
Senior
$110K
$53/hr
Top Earner
$156K
$75/hr

Financial Planner Take-Home Pay in Montgomery

Tax Breakdown (Median Salary)

Gross Annual$80,840
Federal Tax-$9,399
State Tax (4.0%)-$3,234
FICA (SS + Medicare)-$6,184
Annual Take-Home$62,023
Monthly Take-Home$5,169

Living Cost Comparison

Median Rent$950/mo
Rent-to-Income Ratio14.1%
Median Home Price$155,000
Cost of Living Index86
City Median Salary$48,700
Financial Planner vs City Median+$32,140

Financial Planner Requirements

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

Key Skills

Retirement PlanningTax PlanningInvestment ManagementInsuranceEstate Planning

Montgomery Job Market Overview

Montgomery, Alabama has a population of 200,603 and an unemployment rate of 3.5%. The top industries are Government, Military, Healthcare. The local job growth rate is 1.0%, and the average commute time is 22 minutes.

Financial Planner Salary in Nearby Alabama Cities

Frequently Asked Questions

What is the average Financial Planner salary in Montgomery, AL?
The median Financial Planner salary in Montgomery, AL 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 Montgomery after taxes?
A Financial Planner earning the median salary of $80,840 in Montgomery, AL takes home approximately $62,023 per year ($5,169/month) after federal, state, and local taxes. The effective tax rate is 23.3%.
Is Montgomery a good city for Financial Planners?
Montgomery, AL has a cost of living index of 86 (below national average). Financial Planners here earn above the city median. The local unemployment rate is 3.5% and top industries include Government, Military, Healthcare.
What skills are needed for a Financial Planner in Montgomery?
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 Montgomery compare to the national average?
The national median Financial Planner salary is $94,000. In Montgomery, the adjusted salary is $80,840, which is 14.0% lower 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 Montgomery, AL?

The median Financial Planner salary in Montgomery, AL 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 Montgomery after taxes?

A Financial Planner earning the median salary of $80,840 in Montgomery, AL takes home approximately $62,023 per year ($5,169/month) after federal, state, and local taxes. The effective tax rate is 23.3%.

Is Montgomery a good city for Financial Planners?

Montgomery, AL has a cost of living index of 86 (below national average). Financial Planners here earn above the city median. The local unemployment rate is 3.5% and top industries include Government, Military, Healthcare.

What skills are needed for a Financial Planner in Montgomery?

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 Montgomery compare to the national average?

The national median Financial Planner salary is $94,000. In Montgomery, the adjusted salary is $80,840, which is 14.0% lower than the national average, reflecting the local cost of living.