What Financial and Investment Analysts earn in Westchester County, NY
According to the latest federal wage data for the New York-Newark-Jersey City, NY-NJ metropolitan area, the median pay for Financial and Investment Analysts in Westchester County, NY is $128,930 a year, or $61.99 an hour. After federal income tax, Social Security, Medicare and state income tax, the paycheck shrinks to $92,369 a year, and rent, food and energy take another bite. The sections below walk through each step with the actual math for Westchester County, NY.
The mean wage is $148,350, which is 15.1% above the median, a sign that a group of high earners lifts the average. The survey counts about 53,870 people working in this occupation across the New York-Newark-Jersey City, NY-NJ metropolitan area, so the estimate rests on a substantial pool of workers. Westchester County, NY has roughly 999,677 residents, according to the population figures used by the rent data.
The salary range, from entry level to top earners
Pay for Financial and Investment Analysts in the New York-Newark-Jersey City, NY-NJ metropolitan area is not one number. The lowest-paid tenth of workers earn up to $79,340 a year ($38.14 an hour), while the highest-paid tenth earn $225,390 or more ($108.36 an hour). That is a gap of $146,050 between the bottom and the top of the scale. The middle half of workers falls between $103,140 at the 25th percentile and $174,990 at the 75th percentile. A top-tier earner makes 2.8 times what someone at the bottom makes, so experience, certification and employer all matter.
What the hourly rate looks like
Employers quote this occupation by the hour or by the year, so here are both: $61.99 an hour or $128,930 a year at the median for Westchester County, NY. Before any deductions, that is $10,744 a month, $4,959 every two weeks and $2,479 each week. After taxes the same job pays $44.41 per hour of take-home income, which is the number that actually has to cover rent and groceries.
How pay in Westchester County, NY compares
Compared with the New York average
A worker in this occupation in Westchester County, NY earns $2,773 more than the New York average of $126,157, a premium of 2.2%. Over a year that premium is worth $2,773 before tax and roughly $1,987 after tax. Within New York, Westchester County, NY already has the highest median we track for this job.
Compared with the national average
The national employment-weighted average for Financial and Investment Analysts is $105,463 across the contiguous United States. At $128,930, Westchester County, NY pays $23,467 more, which is 22.3% above that benchmark. Keep in mind that a higher salary only helps if living costs do not rise faster, which is why the cost sections below matter as much as the headline number.
Where this job ranks in Westchester County, NY
Among the 671 occupations with published wages in Westchester County, NY, Financial and Investment Analysts ranks number 84 by median pay, ahead of about 88% of them. The best-paying occupation we track here is Financial Managers at $221,010 a year, which is $92,080 more than the median for Financial and Investment Analysts.
From gross pay to take-home pay
Three separate tax bills sit between the gross salary and the bank account: federal income tax, FICA, and state income tax. For Financial and Investment Analysts earning the Westchester County, NY median of $128,930, they add up to $36,561. The result is $92,369 of take-home pay a year ($7,697 a month), based on a single filer using the standard deduction.
Put another way, of every $100 earned, about $28 goes to taxes and $72 reaches the paycheck. The overall effective tax rate is 28.4%.
Federal income tax
After the $15,750 standard deduction, taxable income is $113,180. Federal brackets are marginal, so only the slice of income above each threshold is taxed at the higher rate; the last dollars of this salary fall in the 24% bracket. The resulting federal income tax is $20,010, an effective 15.5% of gross pay, well below the 24% marginal rate because the lower brackets are cheaper.
Social Security and Medicare (FICA)
Payroll taxes are a flat percentage of wages. Social Security takes 6.2% up to a wage base of $176,100, which costs $7,994 on this salary. Medicare takes 1.45%, or $1,869. FICA totals $9,863, which is 7.6% of gross pay.
State income tax in New York
New York income tax on this salary is $6,688 a year, or 5.2% of gross pay, after the state's own deductions and exemptions are applied. That is 33% of the federal income tax bill, and it comes out to $557 a month. Local taxes such as county or city income taxes are not included, so a few jurisdictions may withhold slightly more.
A cross-check with IRS data for Westchester County, NY
IRS Statistics of Income data for Westchester County, NY show an average adjusted gross income of $188,676 per return and an average effective federal income tax rate of 21.9% across all filers. Filers in the $100,000 to under $200,000 bracket, where this salary falls, paid an average of 12.8%, compared with the 15.5% estimated here for a single filer taking the standard deduction. Gaps between the two reflect filing status, dependents, credits and other income, none of which a single-person wage estimate includes.
Cost of living in Westchester County, NY
Take-home pay only means something next to what life costs. We price four basics for one adult in Westchester County, NY: a one-bedroom apartment, food, home energy and gasoline. All of them are converted to annual figures first, then compared with the $92,369 of take-home pay.
Rent
Housing is the largest line in most budgets. For Westchester County, NY, HUD sets the Fair Market Rent for a one-bedroom unit at $2,729 a month ($32,748 a year), and at $2,971 for two bedrooms. For Financial and Investment Analysts, a one-bedroom absorbs 35.5% of take-home pay and 25.4% of gross pay.
Food
The USDA Thrifty Food Plan (August 2026) puts the cost of a nutritious home-cooked diet for an adult at about $3,436 a year, which is $286 a month or $66.07 a week. That equals 2.7% of gross pay for Financial and Investment Analysts in Westchester County, NY. It is a thrifty budget with no restaurant meals, so treat it as a floor.
Energy and gasoline
Using New York residential prices from the Energy Information Administration and national household averages for consumption, electricity costs about $2,581 a year and other home energy such as natural gas about $653, for $3,235 in total. Gasoline in New York averages $3.17 per gallon; at about 463 gallons a year (11,106 miles at 24 miles per gallon) fuel adds $1,467.
What is left over
Rent, food, energy and gasoline cost $40,885 a year in Westchester County, NY. Subtract that from $92,369 of take-home pay and $51,484 remains, which is $4,290 a month of breathing room. That margin equals 39.9% of gross pay, a comfortable cushion by common budgeting rules.
Can Financial and Investment Analysts afford to live in Westchester County, NY?
The 30% rent guideline
A common rule of thumb says rent should stay under 30% of gross income. For a gross salary of $128,930 that ceiling is $3,223 a month. The one-bedroom Fair Market Rent of $2,729 is $494 under it, so rent fits the guideline. Put as a wage, covering a one-bedroom at the 30% guideline takes $52.48 an hour; the median for Financial and Investment Analysts is $61.99, which is 18% above that mark. Another way to see it: at $44.41 of take-home pay an hour, a one-bedroom takes about 14.2 working hours every week.
Splitting a two-bedroom
Sharing a two-bedroom at $2,971 a month means $1,486 each. Compared with renting a one-bedroom alone, that saves $14,922 a year. With a roommate, the yearly margin after the basics becomes $66,406.
How fast you can save
At $4,290 a month of margin, building a $10,000 emergency fund would take about 3 months. Setting aside half of the margin stretches the same goal to about 6 months. These figures ignore interest, raises and any spending beyond the four basics.
Frequently asked questions about Financial and Investment Analysts pay in Westchester County, NY
How much do Financial and Investment Analysts make per hour in Westchester County, NY?
The median is $61.99 per hour, based on $128,930 a year over 2,080 hours. Hourly pay runs from about $38.14 at the 10th percentile to $108.36 at the 90th percentile.
How much do Financial and Investment Analysts take home after taxes in Westchester County, NY?
After federal income tax, FICA and state income tax, the median salary of $128,930 becomes $92,369 a year. That is $7,697 a month, $3,553 every two weeks or $1,776 a week.
How much tax do Financial and Investment Analysts pay in Westchester County, NY?
Total taxes are $36,561 a year, an effective rate of 28.4%: $20,010 federal income tax, $9,863 FICA and $6,688 New York income tax.
Do Financial and Investment Analysts earn more in Westchester County, NY than elsewhere in New York?
Yes. The local median of $128,930 is +2.2% versus the New York average of $126,157, a difference of $2,773 a year.
Can Financial and Investment Analysts afford a one-bedroom apartment in Westchester County, NY?
A one-bedroom costs $2,729 a month against take-home pay of $7,697, which is 35.5% of take-home pay. That meets the 30%-of-gross guideline, which allows up to $3,223 a month.
What is the monthly budget margin for Financial and Investment Analysts in Westchester County, NY?
About $4,290 a month ($51,484 a year) remains after a one-bedroom apartment, food, home energy and gasoline, which together cost $40,885 a year.
What hourly wage covers a one-bedroom in Westchester County, NY at the 30% guideline?
$52.48 an hour for a full-time schedule, calculated as the $32,748 annual rent divided by 0.30 and by 2,080 hours. The median for Financial and Investment Analysts is $61.99.
How we calculated these numbers
Wages are May 2025 medians from the Bureau of Labor Statistics Occupational Employment and Wage Statistics survey for the New York-Newark-Jersey City, NY-NJ metropolitan area; hourly-only values are annualized at 2,080 hours. Rents are HUD Fair Market Rents, food costs come from the USDA Thrifty Food Plan, and energy prices come from the Energy Information Administration. County-level tax statistics come from the IRS Statistics of Income.
Taxes use tax-year 2025 federal brackets, FICA rates and the New York rules for a single filer with wage income only. Figures are estimates for planning and comparison, not tax or financial advice, and they exclude local income taxes, benefits, retirement contributions and individual circumstances.