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Job Salary Guide ยท 2026

Financial Advisor Salary After Tax in Elizabeth

Based on BLS OEWS data ยท NJ ยท Single filer

Rent: ModerateCOL Index: 1.28

Financial Advisor Salary Range

25th Percentile

$62,000

Take-home:

$49,922

$4,160/mo

Entry to mid-level

Median

$99,000

Take-home:

$73,852

$6,154/mo

Typical salary

75th Percentile

$160,000

Take-home:

$112,047

$9,337/mo

Senior / specialist

Tax Breakdown

At median salary of $99,000

Gross Salary$99,000
Federal Tax(13.5%)โ€“$13,394
NJ State Taxโ€“$4,180
Social Securityโ€“$6,138
Medicareโ€“$1,436
Annual Take-Home$73,852
$6,154Monthly
$2,840Bi-Weekly
25.4%Effective Rate

Cost of Living in Elizabeth

Rent-to-income ratio (1BR)29.2% โ€” Moderate

1BR Monthly Rent

$1,800/mo

2BR Monthly Rent

$2,300/mo

COL Index

1.28

Comfortable Rent Max

$1,538/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $6,154 ($73,848/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$3,077

per month

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

$1,846

per month

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

$1,231

per month

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

Needs / year

$36,924

Wants / year

$22,154

Savings / year

$14,770

Frequently Asked Questions

What is the average Financial Advisor salary in Elizabeth?

The median Financial Advisor salary in Elizabeth (NJ) 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 Elizabeth?

At the median salary of $99,000, a Financial Advisor in NJ takes home approximately $73,852 per year ($6,154/month) after federal and state taxes. The effective tax rate is 25.4%.

Can a Financial Advisor afford rent in Elizabeth?

The average 1-bedroom rent in Elizabeth is $1,800/month. On the median Financial Advisor salary, your rent-to-income ratio is 29.2%, which is "Moderate". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($1,538/month at this salary).

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

Elizabeth has a cost-of-living index of 1.28 (1.00 = national average). Elizabeth is 28% more expensive than the US average, which reduces the real purchasing power of the Financial Advisor salary.