Discretionary Income in Jackson, MS 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
Jackson, MS is ranked 50th 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 Jackson, MS
Gross Salary
$8,333
Taxes
$1,580
Cost of Living
$3,211
Discretionary Income
$3,542
With a gross annual salary of $100,000 in Jackson, MS, you would need to deduct approximately $1,580 per month for taxes. Given that the average cost of living in Jackson is $3,211, you would have around $3,542 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jackson, MS, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Jackson, MS in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jackson, MS |
|---|---|
| $30,000 | -$972 |
| $40,000 | -$278 |
| $50,000 | $417 |
| $60,000 | $1,099 |
| $70,000 | $1,710 |
| $80,000 | $2,320 |
| $90,000 | $2,931 |
| $100,000 | $3,542 |
| $110,000 | $4,152 |
| $120,000 | $4,746 |
| $130,000 | $5,340 |
| $140,000 | $5,934 |
| $150,000 | $6,528 |
| $175,000 | $8,014 |
| $200,000 | $9,472 |
| $250,000 | $12,097 |
| $300,000 | $14,610 |
| $350,000 | $17,122 |
| $400,000 | $19,635 |
| $450,000 | $22,147 |
| $500,000 | $24,660 |
Discretionary Income in Jackson, MS 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
Jackson, MS is ranked 78th 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 Jackson, MS
Gross Salary
$8,333
Taxes
$1,580
Cost of Living
$2,171
Discretionary Income
$4,582
With a gross annual salary of $100,000 in Jackson, MS, a single person would need to deduct approximately $1,580 per month for taxes. Considering the average cost of living in Jackson is $2,171, singles would have around $4,582 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jackson, MS, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Jackson, MS in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jackson, MS |
|---|---|
| $30,000 | $69 |
| $40,000 | $763 |
| $50,000 | $1,457 |
| $60,000 | $2,139 |
| $70,000 | $2,750 |
| $80,000 | $3,361 |
| $90,000 | $3,972 |
| $100,000 | $4,582 |
| $110,000 | $5,192 |
| $120,000 | $5,786 |
| $130,000 | $6,380 |
| $140,000 | $6,975 |
| $150,000 | $7,569 |
| $175,000 | $9,054 |
| $200,000 | $10,513 |
| $250,000 | $13,138 |
| $300,000 | $15,650 |
| $350,000 | $18,163 |
| $400,000 | $20,675 |
| $450,000 | $23,188 |
| $500,000 | $25,700 |
Discretionary Income in Jackson, MS 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
Jackson, MS is ranked 52nd 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 Jackson, MS
Gross Salary
$8,333
Taxes
$1,580
Cost of Living
$3,180
Discretionary Income
$3,573
With a gross annual salary of $100,000 in Jackson, MS, a couple would need to deduct approximately $1,580 per month for taxes. Considering the average cost of living in Jackson is $3,180, couples would have around $3,573 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jackson, MS, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Jackson, MS in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jackson, MS |
|---|---|
| $30,000 | -$941 |
| $40,000 | -$247 |
| $50,000 | $448 |
| $60,000 | $1,130 |
| $70,000 | $1,741 |
| $80,000 | $2,352 |
| $90,000 | $2,962 |
| $100,000 | $3,573 |
| $110,000 | $4,183 |
| $120,000 | $4,777 |
| $130,000 | $5,371 |
| $140,000 | $5,965 |
| $150,000 | $6,559 |
| $175,000 | $8,045 |
| $200,000 | $9,503 |
| $250,000 | $12,129 |
| $300,000 | $14,641 |
| $350,000 | $17,154 |
| $400,000 | $19,601 |
| $450,000 | $22,030 |
| $500,000 | $24,459 |
Discretionary Income in Jackson, MS 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
Jackson, MS is ranked 50th 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 Jackson, MS
Gross Salary
$8,333
Taxes
$1,319
Cost of Living
$3,118
Discretionary Income
$3,896
With a gross annual salary of $100,000 in Jackson, MS, a single parent would need to deduct approximately $1,319 per month for taxes. Considering the average cost of living in Jackson is $3,118, single parents would have around $3,896 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jackson, MS, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Jackson, MS in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jackson, MS |
|---|---|
| $30,000 | -$813 |
| $40,000 | -$108 |
| $50,000 | $587 |
| $60,000 | $1,281 |
| $70,000 | $1,975 |
| $80,000 | $2,669 |
| $90,000 | $3,285 |
| $100,000 | $3,896 |
| $110,000 | $4,507 |
| $120,000 | $5,111 |
| $130,000 | $5,706 |
| $140,000 | $6,300 |
| $150,000 | $6,894 |
| $175,000 | $8,379 |
| $200,000 | $9,865 |
| $250,000 | $12,522 |
| $300,000 | $15,039 |
| $350,000 | $17,552 |
| $400,000 | $20,064 |
| $450,000 | $22,577 |
| $500,000 | $25,089 |
Discretionary Income in Jackson, MS 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
Jackson, MS is ranked 37th 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 most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Jackson, MS
Gross Salary
$8,333
Taxes
$1,078
Cost of Living
$4,375
Discretionary Income
$2,880
With a gross annual salary of $100,000 in Jackson, MS, a family would need to deduct approximately $1,078 per month for taxes. Considering the average cost of living in Jackson is $4,375, families would have around $2,880 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jackson, MS, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Jackson, MS in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jackson, MS |
|---|---|
| $30,000 | -$2,012 |
| $40,000 | -$1,301 |
| $50,000 | -$591 |
| $60,000 | $103 |
| $70,000 | $798 |
| $80,000 | $1,492 |
| $90,000 | $2,186 |
| $100,000 | $2,880 |
| $110,000 | $3,574 |
| $120,000 | $4,245 |
| $130,000 | $4,855 |
| $140,000 | $5,466 |
| $150,000 | $6,077 |
| $175,000 | $7,604 |
| $200,000 | $9,131 |
| $250,000 | $12,133 |
| $300,000 | $15,104 |
| $350,000 | $18,075 |
| $400,000 | $20,991 |
| $450,000 | $23,629 |
| $500,000 | $26,242 |