Discretionary Income in West Covina, CA 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
West Covina, CA is ranked 287th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in West Covina, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$4,751
Discretionary Income
$1,906
With a gross annual salary of $100,000 in West Covina, CA, you would need to deduct approximately $1,677 per month for taxes. Given that the average cost of living in West Covina is $4,751, you would have around $1,906 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Covina, CA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in West Covina, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Covina, CA |
|---|---|
| $30,000 | -$2,444 |
| $40,000 | -$1,746 |
| $50,000 | -$1,063 |
| $60,000 | -$401 |
| $70,000 | $181 |
| $80,000 | $756 |
| $90,000 | $1,331 |
| $100,000 | $1,906 |
| $110,000 | $2,480 |
| $120,000 | $3,038 |
| $130,000 | $3,596 |
| $140,000 | $4,155 |
| $150,000 | $4,713 |
| $175,000 | $6,109 |
| $200,000 | $7,478 |
| $250,000 | $9,924 |
| $300,000 | $12,257 |
| $350,000 | $14,590 |
| $400,000 | $16,881 |
| $450,000 | $19,147 |
| $500,000 | $21,397 |
Discretionary Income in West Covina, CA 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
West Covina, CA is ranked 283rd 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in West Covina, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$3,099
Discretionary Income
$3,557
With a gross annual salary of $100,000 in West Covina, CA, a single person would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in West Covina is $3,099, singles would have around $3,557 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Covina, CA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in West Covina, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Covina, CA |
|---|---|
| $30,000 | -$793 |
| $40,000 | -$95 |
| $50,000 | $589 |
| $60,000 | $1,250 |
| $70,000 | $1,832 |
| $80,000 | $2,407 |
| $90,000 | $2,982 |
| $100,000 | $3,557 |
| $110,000 | $4,131 |
| $120,000 | $4,689 |
| $130,000 | $5,248 |
| $140,000 | $5,806 |
| $150,000 | $6,364 |
| $175,000 | $7,760 |
| $200,000 | $9,129 |
| $250,000 | $11,575 |
| $300,000 | $13,908 |
| $350,000 | $16,241 |
| $400,000 | $18,533 |
| $450,000 | $20,799 |
| $500,000 | $23,049 |
Discretionary Income in West Covina, CA 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
West Covina, CA is ranked 284th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in West Covina, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$4,696
Discretionary Income
$1,961
With a gross annual salary of $100,000 in West Covina, CA, a couple would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in West Covina is $4,696, couples would have around $1,961 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Covina, CA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in West Covina, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Covina, CA |
|---|---|
| $30,000 | -$2,390 |
| $40,000 | -$1,691 |
| $50,000 | -$1,008 |
| $60,000 | -$346 |
| $70,000 | $236 |
| $80,000 | $811 |
| $90,000 | $1,386 |
| $100,000 | $1,961 |
| $110,000 | $2,534 |
| $120,000 | $3,093 |
| $130,000 | $3,651 |
| $140,000 | $4,209 |
| $150,000 | $4,768 |
| $175,000 | $6,163 |
| $200,000 | $7,532 |
| $250,000 | $9,978 |
| $300,000 | $12,312 |
| $350,000 | $14,644 |
| $400,000 | $16,870 |
| $450,000 | $19,053 |
| $500,000 | $21,220 |
Discretionary Income in West Covina, CA 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
West Covina, CA is ranked 289th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in West Covina, CA
Gross Salary
$8,333
Taxes
$1,415
Cost of Living
$4,672
Discretionary Income
$2,246
With a gross annual salary of $100,000 in West Covina, CA, a single parent would need to deduct approximately $1,415 per month for taxes. Considering the average cost of living in West Covina is $4,672, single parents would have around $2,246 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Covina, CA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in West Covina, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Covina, CA |
|---|---|
| $30,000 | -$2,299 |
| $40,000 | -$1,590 |
| $50,000 | -$906 |
| $60,000 | -$233 |
| $70,000 | $432 |
| $80,000 | $1,091 |
| $90,000 | $1,671 |
| $100,000 | $2,246 |
| $110,000 | $2,821 |
| $120,000 | $3,390 |
| $130,000 | $3,948 |
| $140,000 | $4,506 |
| $150,000 | $5,065 |
| $175,000 | $6,461 |
| $200,000 | $7,856 |
| $250,000 | $10,334 |
| $300,000 | $12,672 |
| $350,000 | $15,005 |
| $400,000 | $17,297 |
| $450,000 | $19,563 |
| $500,000 | $21,813 |
Discretionary Income in West Covina, CA 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
West Covina, CA is ranked 286th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in West Covina, CA
Gross Salary
$8,333
Taxes
$957
Cost of Living
$6,536
Discretionary Income
$841
With a gross annual salary of $100,000 in West Covina, CA, a family would need to deduct approximately $957 per month for taxes. Considering the average cost of living in West Covina is $6,536, families would have around $841 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Covina, CA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in West Covina, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Covina, CA |
|---|---|
| $30,000 | -$4,088 |
| $40,000 | -$3,354 |
| $50,000 | -$2,623 |
| $60,000 | -$1,923 |
| $70,000 | -$1,223 |
| $80,000 | -$526 |
| $90,000 | $157 |
| $100,000 | $841 |
| $110,000 | $1,521 |
| $120,000 | $2,164 |
| $130,000 | $2,747 |
| $140,000 | $3,328 |
| $150,000 | $3,903 |
| $175,000 | $5,340 |
| $200,000 | $6,778 |
| $250,000 | $9,600 |
| $300,000 | $12,392 |
| $350,000 | $15,183 |
| $400,000 | $17,921 |
| $450,000 | $20,379 |
| $500,000 | $22,813 |