Machine learning engineers in New York City build and deploy production ML systems across financial services, adtech, e-commerce, and an expanding AI-native startup ecosystem. NYC has emerged as the second-largest ML job market in the United States, with total compensation at top firms rivaling Silicon Valley packages.
Equity compensation at NYC-based unicorns and public tech companies can add $50,000–$150,000 annually to base salary for senior and staff MLEs, making total compensation significantly higher than base figures suggest. Financial services firms — including Two Sigma, Citadel, and Jane Street — pay the highest absolute ML compensation in NYC, often surpassing FAANG-equivalent packages. Candidates with production experience in recommendation systems, NLP, or computer vision are in the tightest demand.
Machine Learning Engineer at C$338,000 (~$250,120 USD) (single filer): Take-home is approximately C$8,263 per bi-weekly paycheck, or ~C$214,846 per year after all taxes.
| Career Stage | Annual Salary (CAD) | Approx. Net/Year |
|---|---|---|
| Junior / New Grad | C$263,000 | ~C$174,466 |
| Mid-Level MLE | C$319,000 | ~C$204,617 |
| Senior MLE | C$392,000 | ~C$243,920 |
| Staff / Principal MLE | C$506,000 | ~C$305,298 |
| Tax / Deduction | Per Bi-Weekly Check | Annual Amount | % of Salary |
|---|---|---|---|
| Gross Pay | C$13,000 | C$338,000 | 100% |
| Federal Income Tax | −C$3,200 | −C$83,195 | 24.6% |
| Ontario Provincial Tax | −C$1,348 | −C$35,042 | 10.4% |
| CPP (Pension) | −C$149 | −C$3,868 | 1.1% |
| EI (Employment Insurance) | −C$40 | −C$1,049 | 0.3% |
| Net Take-Home | C$8,263 | ~C$214,846 | 63.6% |
At C$338,000, your effective total tax rate is approximately 36.4%.
Major employers in Toronto for machine learning engineers include Shopify, RBC Technology, TD Bank Tech, Thomson Reuters, Wattpad.
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