Finance · Knoxville, TN

Financial Advisor Salary in Knoxville, TN (2026)

Median Financial Advisor salary in Knoxville is approximately $86,500/year — 8.0% below the US national average.

Salary breakdown — Knoxville

$86,500
median annual salary
Hourly (40 hr/week, 52 wk)
2,080 hours/year
$42
Biweekly (26 paychecks)
$3,327
Monthly
$7,208
Annual (gross)
$86,500
vs Tennessee state average
State avg: $86,500
+$0
vs US national
National median: $94,000
-$7,500

After-tax estimate

$67,773
estimated take-home/year
Gross salary
$86,500
Federal tax (~14%)
−$12,110
FICA (7.65%)
−$6,617
Tennessee state tax
No state income tax
$0
Estimated take-home
$67,773
Monthly take-home
$5,648
For exact take-home, use our Knoxville Paycheck Calculator.
Financial Advisor salary in similar-cost cities
CityCost mult.Estimated annualvs Knoxville
Columbus, OH0.92×$86,500+$0
Detroit, MI0.92×$86,500+$0
Cincinnati, OH0.92×$86,500+$0
Kansas City, MO0.92×$86,500+$0
Lexington, KY0.92×$86,500+$0

Financial Advisor salaries in Knoxville, TN

The estimated median Financial Advisor salary in Knoxville, Tennessee is $86,500/year, working out to approximately $42/hour at full-time, $3,327 per biweekly paycheck, or $7,208/month before taxes. Knoxville's cost-of-living multiplier of 0.92× national reflects local prices, housing costs, and employer concentration in this metro area.

Take-home pay in Knoxville

Of the gross $86,500, you take home roughly $67,773 after:

  • Federal income tax (~14% effective at this income)
  • FICA — Social Security 6.2% + Medicare 1.45% = 7.65%
  • Tennessee state income tax (none)
  • Knoxville has no local income tax

That works out to about $5,648/month after-tax — useful for budgeting rent (typically 25–35% of net income), savings (15–20% target), and other expenses. For an exact calculation including 401(k), HSA, and your filing status, use our Knoxville Paycheck Calculator.

What affects your actual pay

  • Experience: entry-level often 25–35% below median; senior roles 40–60%+ above.
  • Specific employer: top-tier employers in Knoxville pay 10–25% above market for the same role.
  • Industry: a Software Engineer at a tech company in Knoxville typically out-earns one at a non-tech employer.
  • Negotiation: simply negotiating an offer can shift comp by 5–15%.
  • Education and credentials: degrees and licenses (especially for healthcare, legal, engineering) can move comp by 15–30%.
  • Remote vs in-office: many Knoxville employers now base pay on cost of living, with remote workers in cheaper metros paid less.

Related calculators

Financial Advisor Salary in Tennessee — state-level average. Salary Calculator — convert hourly ↔ annual. Knoxville Paycheck Calculator — exact take-home. Income Tax Calculator — federal tax with brackets. Investment Calculator — long-term portfolio growth.

Frequently Asked Questions

What is the median Financial Advisor salary in Knoxville?
The estimated median Financial Advisor salary in Knoxville, Tennessee is $86,500 per year, or approximately $42/hour at standard full-time. Knoxville sits 8.0% below the US national average for this role.
Knoxville vs Tennessee state — what's the salary difference?
Knoxville: $86,500. Tennessee state average for Financial Advisor: $86,500. Difference: +$0 (0.0%). City-level pay typically reflects the metro area's cost of living and concentration of employers.
Does Knoxville have a city income tax?
No, Knoxville has no separate city income tax. Only federal income tax, FICA, and Tennessee state tax apply (Tennessee has no state income tax either).
Does this account for cost-of-living differences?
Yes — the city multiplier reflects Knoxville's cost of living relative to the US average. Knoxville's multiplier is 0.92× national. For comparison: San Francisco ~1.45×, NYC ~1.32×, mid-tier metros ~1.00×, low-cost metros ~0.85–0.90×. Higher local cost generally means employers pay more to attract talent.
What's the after-tax take-home for Financial Advisor in Knoxville?
Estimate: $67,773/year after federal income tax (~14% effective), FICA (7.65%), Tennessee state tax (~0.0% effective), and Knoxville local tax (0.00%). For exact numbers, use the Knoxville Paycheck Calculator with your specific 401(k) and deductions.