Financial Specialists, All Other Salary

Yes — at the median salary of $69K, rent takes 25.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,215/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new financial specialists, all others typically earn — is $43K/year. Take-home on that works out to about $2,586/month. At HUD’s $1,215/month FMR, rent would take 47% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay runs 15% below the national median — $69K here vs. $81K nationally. Cost of living is 10% below the national average, which narrows that gap in real purchasing power.

Tennessee pays $69K median vs. the U.S. average of $81K — that’s -15%. After adjusting for local cost of living (RPP 89.78), the purchasing-power equivalent is $77K — below the national median.

The median is $69,240 a year, that works out to about $33 an hour. But the range is wide: entry-level workers start around $43,100, and experienced financial specialists, all others can clear $127,920. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $4,758/month after taxes. A 2-bedroom here rents for about $1,215/month, which eats 25.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Tennessee has a Regional Price Parity of 89.78 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median financial specialists, all other salary is worth about $77,122 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.