Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Memphis, TN vs Seattle, WA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts 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 $105,000
Better Purchasing Power
✓ Memphis, TN
$81,928 vs $64,815
Best Take-Home (COL-Adj)
✓ Memphis, TN
$75,701 vs $59,889
2
Detailed Comparison
| Metric | Memphis, TN | Seattle, WA | Diff |
|---|---|---|---|
| Median Annual Salary | $68,000 | $105,000▲ | -$37,000 |
| 25th Percentile | $50,000 | $78,000▲ | -$28,000 |
| 75th Percentile | $88,000 | $138,000▲ | -$50,000 |
| 90th Percentile | $114,000 | $177,000▲ | -$63,000 |
| Cost of Living Index | 83 | 162 | -79 |
| State Income Tax | 0%▲ | 0% | — |
| COL-Adjusted Median | $81,928▲ | $64,815 | +$17,113 |
| Est. Annual Take-Home | $62,832 | $97,020▲ | -$34,188 |
| COL-Adj. Take-Home | $75,701▲ | $59,889 | +$15,812 |
| Total Employment | 4,000 | 10,000 | -6,000 |
▲ = Higher value wins for this metric. Diff = Memphis, TN minus Seattle, WA.
3Summary Analysis
On paper, Seattle, WA pays $37,000 more (median: $68,000 vs $105,000). However, after adjusting for cost of living (index 83 vs 162), Memphis, TN provides better purchasing power ($81,928 vs $64,815 equivalent). Memphis, TN has no state income tax, which is a significant advantage.
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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.