Discretionary Income in Ann Arbor, MI 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
Ann Arbor, MI is ranked 222nd 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 Ann Arbor, MI
Gross Salary
$8,333
Taxes
$1,543
Cost of Living
$4,065
Discretionary Income
$2,726
With a gross annual salary of $100,000 in Ann Arbor, MI, you would need to deduct approximately $1,543 per month for taxes. Given that the average cost of living in Ann Arbor is $4,065, you would have around $2,726 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Ann Arbor, MI, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Ann Arbor, MI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Ann Arbor, MI |
|---|---|
| $30,000 | -$1,814 |
| $40,000 | -$1,116 |
| $50,000 | -$418 |
| $60,000 | $268 |
| $70,000 | $882 |
| $80,000 | $1,497 |
| $90,000 | $2,111 |
| $100,000 | $2,726 |
| $110,000 | $3,339 |
| $120,000 | $3,937 |
| $130,000 | $4,535 |
| $140,000 | $5,133 |
| $150,000 | $5,731 |
| $175,000 | $7,226 |
| $200,000 | $8,694 |
| $250,000 | $11,338 |
| $300,000 | $13,869 |
| $350,000 | $16,400 |
| $400,000 | $18,931 |
| $450,000 | $21,463 |
| $500,000 | $23,994 |
Discretionary Income in Ann Arbor, MI 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
Ann Arbor, MI is ranked 219th 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 Ann Arbor, MI
Gross Salary
$8,333
Taxes
$1,543
Cost of Living
$2,716
Discretionary Income
$4,075
With a gross annual salary of $100,000 in Ann Arbor, MI, a single person would need to deduct approximately $1,543 per month for taxes. Considering the average cost of living in Ann Arbor is $2,716, singles would have around $4,075 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Ann Arbor, MI, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Ann Arbor, MI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Ann Arbor, MI |
|---|---|
| $30,000 | -$465 |
| $40,000 | $233 |
| $50,000 | $931 |
| $60,000 | $1,617 |
| $70,000 | $2,231 |
| $80,000 | $2,846 |
| $90,000 | $3,461 |
| $100,000 | $4,075 |
| $110,000 | $4,689 |
| $120,000 | $5,286 |
| $130,000 | $5,884 |
| $140,000 | $6,482 |
| $150,000 | $7,080 |
| $175,000 | $8,575 |
| $200,000 | $10,043 |
| $250,000 | $12,687 |
| $300,000 | $15,218 |
| $350,000 | $17,749 |
| $400,000 | $20,281 |
| $450,000 | $22,812 |
| $500,000 | $25,343 |
Discretionary Income in Ann Arbor, MI 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
Ann Arbor, MI is ranked 227th 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 Ann Arbor, MI
Gross Salary
$8,333
Taxes
$1,543
Cost of Living
$4,079
Discretionary Income
$2,712
With a gross annual salary of $100,000 in Ann Arbor, MI, a couple would need to deduct approximately $1,543 per month for taxes. Considering the average cost of living in Ann Arbor is $4,079, couples would have around $2,712 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Ann Arbor, MI, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Ann Arbor, MI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Ann Arbor, MI |
|---|---|
| $30,000 | -$1,828 |
| $40,000 | -$1,130 |
| $50,000 | -$432 |
| $60,000 | $254 |
| $70,000 | $868 |
| $80,000 | $1,483 |
| $90,000 | $2,097 |
| $100,000 | $2,712 |
| $110,000 | $3,325 |
| $120,000 | $3,923 |
| $130,000 | $4,521 |
| $140,000 | $5,119 |
| $150,000 | $5,717 |
| $175,000 | $7,212 |
| $200,000 | $8,680 |
| $250,000 | $11,324 |
| $300,000 | $13,855 |
| $350,000 | $16,386 |
| $400,000 | $18,852 |
| $450,000 | $21,300 |
| $500,000 | $23,748 |
Discretionary Income in Ann Arbor, MI 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
Ann Arbor, MI is ranked 217th 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 Ann Arbor, MI
Gross Salary
$8,333
Taxes
$1,281
Cost of Living
$3,921
Discretionary Income
$3,131
With a gross annual salary of $100,000 in Ann Arbor, MI, a single parent would need to deduct approximately $1,281 per month for taxes. Considering the average cost of living in Ann Arbor is $3,921, single parents would have around $3,131 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Ann Arbor, MI, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Ann Arbor, MI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Ann Arbor, MI |
|---|---|
| $30,000 | -$1,604 |
| $40,000 | -$895 |
| $50,000 | -$198 |
| $60,000 | $500 |
| $70,000 | $1,198 |
| $80,000 | $1,896 |
| $90,000 | $2,516 |
| $100,000 | $3,131 |
| $110,000 | $3,745 |
| $120,000 | $4,354 |
| $130,000 | $4,951 |
| $140,000 | $5,549 |
| $150,000 | $6,147 |
| $175,000 | $7,642 |
| $200,000 | $9,137 |
| $250,000 | $11,812 |
| $300,000 | $14,349 |
| $350,000 | $16,880 |
| $400,000 | $19,411 |
| $450,000 | $21,943 |
| $500,000 | $24,474 |
Discretionary Income in Ann Arbor, MI 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
Ann Arbor, MI is ranked 225th 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 Ann Arbor, MI
Gross Salary
$8,333
Taxes
$1,041
Cost of Living
$5,543
Discretionary Income
$1,749
With a gross annual salary of $100,000 in Ann Arbor, MI, a family would need to deduct approximately $1,041 per month for taxes. Considering the average cost of living in Ann Arbor is $5,543, families would have around $1,749 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Ann Arbor, MI, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Ann Arbor, MI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Ann Arbor, MI |
|---|---|
| $30,000 | -$3,169 |
| $40,000 | -$2,454 |
| $50,000 | -$1,740 |
| $60,000 | -$1,042 |
| $70,000 | -$344 |
| $80,000 | $354 |
| $90,000 | $1,052 |
| $100,000 | $1,749 |
| $110,000 | $2,447 |
| $120,000 | $3,122 |
| $130,000 | $3,736 |
| $140,000 | $4,351 |
| $150,000 | $4,965 |
| $175,000 | $6,502 |
| $200,000 | $8,038 |
| $250,000 | $11,059 |
| $300,000 | $14,048 |
| $350,000 | $17,038 |
| $400,000 | $19,973 |
| $450,000 | $22,630 |
| $500,000 | $25,261 |