Discretionary Income in Tuscaloosa, AL in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Tuscaloosa, AL is ranked 54th out of the top 333 most populated cities in the U.S. for having the highest discretionary income. Therefore, it is considered as one of the cities, where on average per month, you will have more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Tuscaloosa, AL
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$3,214
Discretionary Income
$3,514
With a gross annual salary of $100,000 in Tuscaloosa, AL, you would need to deduct approximately $1,605 per month for taxes. Given that the average cost of living in Tuscaloosa is $3,214, you would have around $3,514 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Tuscaloosa, AL, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Tuscaloosa, AL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Tuscaloosa, AL |
|---|---|
| $30,000 | -$982 |
| $40,000 | -$291 |
| $50,000 | $401 |
| $60,000 | $1,081 |
| $70,000 | $1,689 |
| $80,000 | $2,298 |
| $90,000 | $2,906 |
| $100,000 | $3,514 |
| $110,000 | $4,121 |
| $120,000 | $4,713 |
| $130,000 | $5,305 |
| $140,000 | $5,896 |
| $150,000 | $6,488 |
| $175,000 | $7,967 |
| $200,000 | $9,419 |
| $250,000 | $12,032 |
| $300,000 | $14,532 |
| $350,000 | $17,032 |
| $400,000 | $19,532 |
| $450,000 | $22,032 |
| $500,000 | $24,532 |
Discretionary Income in Tuscaloosa, AL in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Tuscaloosa, AL is ranked 69th out of the top 333 most populated cities in the U.S. for having the highest discretionary income for singles. Therefore, it is considered as one of the cities, where on average per month, you will have more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Tuscaloosa, AL
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$2,127
Discretionary Income
$4,601
With a gross annual salary of $100,000 in Tuscaloosa, AL, a single person would need to deduct approximately $1,605 per month for taxes. Considering the average cost of living in Tuscaloosa is $2,127, singles would have around $4,601 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Tuscaloosa, AL, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Tuscaloosa, AL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Tuscaloosa, AL |
|---|---|
| $30,000 | $104 |
| $40,000 | $796 |
| $50,000 | $1,488 |
| $60,000 | $2,168 |
| $70,000 | $2,776 |
| $80,000 | $3,384 |
| $90,000 | $3,993 |
| $100,000 | $4,601 |
| $110,000 | $5,208 |
| $120,000 | $5,800 |
| $130,000 | $6,391 |
| $140,000 | $6,983 |
| $150,000 | $7,575 |
| $175,000 | $9,054 |
| $200,000 | $10,506 |
| $250,000 | $13,119 |
| $300,000 | $15,619 |
| $350,000 | $18,119 |
| $400,000 | $20,619 |
| $450,000 | $23,119 |
| $500,000 | $25,619 |
Discretionary Income in Tuscaloosa, AL in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Tuscaloosa, AL is ranked 51st out of the top 333 most populated cities in the U.S. for having the highest discretionary income for couples. Therefore, it is considered as one of the cities, where on average per month, you will have more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Tuscaloosa, AL
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$3,146
Discretionary Income
$3,582
With a gross annual salary of $100,000 in Tuscaloosa, AL, a couple would need to deduct approximately $1,605 per month for taxes. Considering the average cost of living in Tuscaloosa is $3,146, couples would have around $3,582 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Tuscaloosa, AL, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Tuscaloosa, AL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Tuscaloosa, AL |
|---|---|
| $30,000 | -$915 |
| $40,000 | -$223 |
| $50,000 | $469 |
| $60,000 | $1,149 |
| $70,000 | $1,757 |
| $80,000 | $2,365 |
| $90,000 | $2,974 |
| $100,000 | $3,582 |
| $110,000 | $4,189 |
| $120,000 | $4,781 |
| $130,000 | $5,372 |
| $140,000 | $5,964 |
| $150,000 | $6,556 |
| $175,000 | $8,035 |
| $200,000 | $9,487 |
| $250,000 | $12,100 |
| $300,000 | $14,600 |
| $350,000 | $17,100 |
| $400,000 | $19,534 |
| $450,000 | $21,951 |
| $500,000 | $24,368 |
Discretionary Income in Tuscaloosa, AL in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Tuscaloosa, AL is ranked 57th out of the top 333 most populated cities in the U.S. for having the highest discretionary income for single parents. Therefore, it is considered as one of the cities, where on average per month, you will have more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Tuscaloosa, AL
Gross Salary
$8,333
Taxes
$1,344
Cost of Living
$3,131
Discretionary Income
$3,859
With a gross annual salary of $100,000 in Tuscaloosa, AL, a single parent would need to deduct approximately $1,344 per month for taxes. Considering the average cost of living in Tuscaloosa is $3,131, single parents would have around $3,859 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Tuscaloosa, AL, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Tuscaloosa, AL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Tuscaloosa, AL |
|---|---|
| $30,000 | -$832 |
| $40,000 | -$130 |
| $50,000 | $562 |
| $60,000 | $1,254 |
| $70,000 | $1,945 |
| $80,000 | $2,637 |
| $90,000 | $3,251 |
| $100,000 | $3,859 |
| $110,000 | $4,467 |
| $120,000 | $5,069 |
| $130,000 | $5,661 |
| $140,000 | $6,253 |
| $150,000 | $6,844 |
| $175,000 | $8,323 |
| $200,000 | $9,803 |
| $250,000 | $12,447 |
| $300,000 | $14,952 |
| $350,000 | $17,452 |
| $400,000 | $19,952 |
| $450,000 | $22,452 |
| $500,000 | $24,952 |
Discretionary Income in Tuscaloosa, AL in 2024
Discretionary income is the money that’s left over after taxes and cost of living expenses, and you can have more of it – if you know where to live and work. Discretionary Income = Gross Salary – Taxes – Cost of Living
Tuscaloosa, AL is ranked 50th out of the top 333 most populated cities in the U.S. for having the highest discretionary income for families. Therefore, it is considered as one of the cities, where on average per month, you will have more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Tuscaloosa, AL
Gross Salary
$8,333
Taxes
$1,103
Cost of Living
$4,452
Discretionary Income
$2,779
With a gross annual salary of $100,000 in Tuscaloosa, AL, a family would need to deduct approximately $1,103 per month for taxes. Considering the average cost of living in Tuscaloosa is $4,452, families would have around $2,779 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Tuscaloosa, AL, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Tuscaloosa, AL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Tuscaloosa, AL |
|---|---|
| $30,000 | -$2,096 |
| $40,000 | -$1,388 |
| $50,000 | -$680 |
| $60,000 | $12 |
| $70,000 | $704 |
| $80,000 | $1,395 |
| $90,000 | $2,087 |
| $100,000 | $2,779 |
| $110,000 | $3,470 |
| $120,000 | $4,138 |
| $130,000 | $4,747 |
| $140,000 | $5,355 |
| $150,000 | $5,963 |
| $175,000 | $7,484 |
| $200,000 | $9,005 |
| $250,000 | $11,994 |
| $300,000 | $14,952 |
| $350,000 | $17,911 |
| $400,000 | $20,815 |
| $450,000 | $23,440 |
| $500,000 | $26,040 |