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Job Salary Guide ยท 2026

Financial Advisor Salary After Tax in Davenport

Based on BLS OEWS data ยท IA ยท Single filer

Rent: ComfortableCOL Index: 0.87

Financial Advisor Salary Range

25th Percentile

$62,000

Take-home:

$49,499

$4,125/mo

Entry to mid-level

Median

$99,000

Take-home:

$74,270

$6,189/mo

Typical salary

75th Percentile

$160,000

Take-home:

$114,033

$9,503/mo

Senior / specialist

Tax Breakdown

At median salary of $99,000

Gross Salary$99,000
Federal Tax(13.5%)โ€“$13,394
IA State Taxโ€“$3,762
Social Securityโ€“$6,138
Medicareโ€“$1,436
Annual Take-Home$74,270
$6,189Monthly
$2,857Bi-Weekly
24.98%Effective Rate

Cost of Living in Davenport

Rent-to-income ratio (1BR)15.8% โ€” Comfortable

1BR Monthly Rent

$980/mo

2BR Monthly Rent

$1,230/mo

COL Index

0.87

Comfortable Rent Max

$1,547/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $6,189 ($74,268/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$3,095

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$1,857

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$1,238

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$37,134

Wants / year

$22,280

Savings / year

$14,854

Frequently Asked Questions

What is the average Financial Advisor salary in Davenport?

The median Financial Advisor salary in Davenport (IA) is $99,000 per year based on BLS OEWS data. The 25th percentile is $62,000 and the 75th percentile is $160,000.

What is the take-home pay for a Financial Advisor in Davenport?

At the median salary of $99,000, a Financial Advisor in IA takes home approximately $74,270 per year ($6,189/month) after federal and state taxes. The effective tax rate is 24.98%.

Can a Financial Advisor afford rent in Davenport?

The average 1-bedroom rent in Davenport is $980/month. On the median Financial Advisor salary, your rent-to-income ratio is 15.8%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($1,547/month at this salary).

How does cost of living affect Financial Advisor salaries in Davenport?

Davenport has a cost-of-living index of 0.87 (1.00 = national average). Davenport is 13% cheaper than the US average, so the Financial Advisor salary goes further here than in high-cost metros.