Financial Advisor · Salary Comparison · 2026
Financial Advisor Salary: Memphis, TN vs Seattle, WA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Advisors in Memphis, TN and Seattle, WA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Seattle, WA
$68,000 vs $122,000
Better Purchasing Power
✓ Memphis, TN
$81,928 vs $75,309
Best Take-Home (COL-Adj)
✓ Memphis, TN
$75,701 vs $69,585
2
Detailed Comparison
| Metric | Memphis, TN | Seattle, WA | Diff |
|---|---|---|---|
| Median Annual Salary | $68,000 | $122,000▲ | -$54,000 |
| 25th Percentile | $52,360 | $93,940▲ | -$41,580 |
| 75th Percentile | $87,040 | $156,160▲ | -$69,120 |
| 90th Percentile | $108,800 | $195,200▲ | -$86,400 |
| Cost of Living Index | 83 | 162 | -79 |
| State Income Tax | 0%▲ | 0% | — |
| COL-Adjusted Median | $81,928▲ | $75,309 | +$6,619 |
| Est. Annual Take-Home | $62,832 | $112,728▲ | -$49,896 |
| COL-Adj. Take-Home | $75,701▲ | $69,585 | +$6,116 |
| Total Employment | 6,400 | 46,400 | -40,000 |
▲ = Higher value wins for this metric. Diff = Memphis, TN minus Seattle, WA.
3Summary Analysis
On paper, Seattle, WA pays $54,000 more (median: $68,000 vs $122,000). However, after adjusting for cost of living (index 83 vs 162), Memphis, TN provides better purchasing power ($81,928 vs $75,309 equivalent). Memphis, TN has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.