Discretionary Income in Lakewood, CO 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
Lakewood, CO is ranked 241st 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Lakewood, CO
Gross Salary
$8,333
Taxes
$1,555
Cost of Living
$4,230
Discretionary Income
$2,548
With a gross annual salary of $100,000 in Lakewood, CO, you would need to deduct approximately $1,555 per month for taxes. Given that the average cost of living in Lakewood is $4,230, you would have around $2,548 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lakewood, CO, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Lakewood, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Lakewood, CO |
---|---|
$30,000 | -$1,984 |
$40,000 | -$1,287 |
$50,000 | -$590 |
$60,000 | $95 |
$70,000 | $708 |
$80,000 | $1,321 |
$90,000 | $1,935 |
$100,000 | $2,548 |
$110,000 | $3,160 |
$120,000 | $3,757 |
$130,000 | $4,353 |
$140,000 | $4,950 |
$150,000 | $5,547 |
$175,000 | $7,038 |
$200,000 | $8,503 |
$250,000 | $11,141 |
$300,000 | $13,666 |
$350,000 | $16,191 |
$400,000 | $18,716 |
$450,000 | $21,241 |
$500,000 | $23,766 |
Discretionary Income in Lakewood, CO 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
Lakewood, CO is ranked 239th 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 Lakewood, CO
Gross Salary
$8,333
Taxes
$1,555
Cost of Living
$2,825
Discretionary Income
$3,953
With a gross annual salary of $100,000 in Lakewood, CO, a single person would need to deduct approximately $1,555 per month for taxes. Considering the average cost of living in Lakewood is $2,825, singles would have around $3,953 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lakewood, CO, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Lakewood, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Lakewood, CO |
---|---|
$30,000 | -$578 |
$40,000 | $119 |
$50,000 | $815 |
$60,000 | $1,500 |
$70,000 | $2,113 |
$80,000 | $2,727 |
$90,000 | $3,340 |
$100,000 | $3,953 |
$110,000 | $4,565 |
$120,000 | $5,162 |
$130,000 | $5,759 |
$140,000 | $6,355 |
$150,000 | $6,952 |
$175,000 | $8,444 |
$200,000 | $9,908 |
$250,000 | $12,546 |
$300,000 | $15,071 |
$350,000 | $17,596 |
$400,000 | $20,121 |
$450,000 | $22,646 |
$500,000 | $25,171 |
Discretionary Income in Lakewood, CO 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
Lakewood, CO is ranked 240th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Lakewood, CO
Gross Salary
$8,333
Taxes
$1,555
Cost of Living
$4,203
Discretionary Income
$2,576
With a gross annual salary of $100,000 in Lakewood, CO, a couple would need to deduct approximately $1,555 per month for taxes. Considering the average cost of living in Lakewood is $4,203, couples would have around $2,576 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lakewood, CO, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Lakewood, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Lakewood, CO |
---|---|
$30,000 | -$1,956 |
$40,000 | -$1,259 |
$50,000 | -$563 |
$60,000 | $122 |
$70,000 | $736 |
$80,000 | $1,349 |
$90,000 | $1,962 |
$100,000 | $2,576 |
$110,000 | $3,188 |
$120,000 | $3,784 |
$130,000 | $4,381 |
$140,000 | $4,978 |
$150,000 | $5,574 |
$175,000 | $7,066 |
$200,000 | $8,531 |
$250,000 | $11,168 |
$300,000 | $13,693 |
$350,000 | $16,218 |
$400,000 | $18,678 |
$450,000 | $21,120 |
$500,000 | $23,561 |
Discretionary Income in Lakewood, CO 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
Lakewood, CO is ranked 238th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Lakewood, CO
Gross Salary
$8,333
Taxes
$1,294
Cost of Living
$4,112
Discretionary Income
$2,927
With a gross annual salary of $100,000 in Lakewood, CO, a single parent would need to deduct approximately $1,294 per month for taxes. Considering the average cost of living in Lakewood is $4,112, single parents would have around $2,927 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lakewood, CO, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Lakewood, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Lakewood, CO |
---|---|
$30,000 | -$1,799 |
$40,000 | -$1,091 |
$50,000 | -$395 |
$60,000 | $302 |
$70,000 | $999 |
$80,000 | $1,695 |
$90,000 | $2,314 |
$100,000 | $2,927 |
$110,000 | $3,541 |
$120,000 | $4,148 |
$130,000 | $4,744 |
$140,000 | $5,341 |
$150,000 | $5,938 |
$175,000 | $7,429 |
$200,000 | $8,921 |
$250,000 | $11,590 |
$300,000 | $14,121 |
$350,000 | $16,646 |
$400,000 | $19,171 |
$450,000 | $21,696 |
$500,000 | $24,221 |
Discretionary Income in Lakewood, CO 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
Lakewood, CO is ranked 254th 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Lakewood, CO
Gross Salary
$8,333
Taxes
$1,053
Cost of Living
$5,782
Discretionary Income
$1,498
With a gross annual salary of $100,000 in Lakewood, CO, a family would need to deduct approximately $1,053 per month for taxes. Considering the average cost of living in Lakewood is $5,782, families would have around $1,498 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lakewood, CO, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Lakewood, CO in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Lakewood, CO |
---|---|
$30,000 | -$3,411 |
$40,000 | -$2,698 |
$50,000 | -$1,985 |
$60,000 | -$1,288 |
$70,000 | -$592 |
$80,000 | $105 |
$90,000 | $802 |
$100,000 | $1,498 |
$110,000 | $2,195 |
$120,000 | $2,868 |
$130,000 | $3,481 |
$140,000 | $4,095 |
$150,000 | $4,708 |
$175,000 | $6,241 |
$200,000 | $7,775 |
$250,000 | $10,789 |
$300,000 | $13,772 |
$350,000 | $16,755 |
$400,000 | $19,685 |
$450,000 | $22,335 |
$500,000 | $24,960 |