Discretionary Income in Jersey City, NJ 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
Jersey City, NJ is ranked 308th 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 Jersey City, NJ
Gross Salary
$8,333
Taxes
$1,547
Cost of Living
$5,235
Discretionary Income
$1,552
With a gross annual salary of $100,000 in Jersey City, NJ, you would need to deduct approximately $1,547 per month for taxes. Given that the average cost of living in Jersey City is $5,235, you would have around $1,552 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jersey City, NJ, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Jersey City, NJ in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jersey City, NJ |
|---|---|
| $30,000 | -$2,911 |
| $40,000 | -$2,203 |
| $50,000 | -$1,520 |
| $60,000 | -$848 |
| $70,000 | -$248 |
| $80,000 | $352 |
| $90,000 | $952 |
| $100,000 | $1,552 |
| $110,000 | $2,151 |
| $120,000 | $2,734 |
| $130,000 | $3,317 |
| $140,000 | $3,901 |
| $150,000 | $4,484 |
| $175,000 | $5,942 |
| $200,000 | $7,374 |
| $250,000 | $9,945 |
| $300,000 | $12,403 |
| $350,000 | $14,861 |
| $400,000 | $17,320 |
| $450,000 | $19,778 |
| $500,000 | $22,236 |
Discretionary Income in Jersey City, NJ 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
Jersey City, NJ is ranked 307th 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 the least amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Jersey City, NJ
Gross Salary
$8,333
Taxes
$1,547
Cost of Living
$3,487
Discretionary Income
$3,300
With a gross annual salary of $100,000 in Jersey City, NJ, a single person would need to deduct approximately $1,547 per month for taxes. Considering the average cost of living in Jersey City is $3,487, singles would have around $3,300 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jersey City, NJ, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Jersey City, NJ in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jersey City, NJ |
|---|---|
| $30,000 | -$1,163 |
| $40,000 | -$455 |
| $50,000 | $229 |
| $60,000 | $900 |
| $70,000 | $1,500 |
| $80,000 | $2,100 |
| $90,000 | $2,700 |
| $100,000 | $3,300 |
| $110,000 | $3,899 |
| $120,000 | $4,482 |
| $130,000 | $5,065 |
| $140,000 | $5,649 |
| $150,000 | $6,232 |
| $175,000 | $7,690 |
| $200,000 | $9,122 |
| $250,000 | $11,693 |
| $300,000 | $14,151 |
| $350,000 | $16,610 |
| $400,000 | $19,068 |
| $450,000 | $21,526 |
| $500,000 | $23,985 |
Discretionary Income in Jersey City, NJ 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
Jersey City, NJ is ranked 310th 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 Jersey City, NJ
Gross Salary
$8,333
Taxes
$1,547
Cost of Living
$5,262
Discretionary Income
$1,524
With a gross annual salary of $100,000 in Jersey City, NJ, a couple would need to deduct approximately $1,547 per month for taxes. Considering the average cost of living in Jersey City is $5,262, couples would have around $1,524 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jersey City, NJ, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Jersey City, NJ in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jersey City, NJ |
|---|---|
| $30,000 | -$2,939 |
| $40,000 | -$2,230 |
| $50,000 | -$1,547 |
| $60,000 | -$876 |
| $70,000 | -$276 |
| $80,000 | $324 |
| $90,000 | $924 |
| $100,000 | $1,524 |
| $110,000 | $2,123 |
| $120,000 | $2,706 |
| $130,000 | $3,290 |
| $140,000 | $3,873 |
| $150,000 | $4,456 |
| $175,000 | $5,915 |
| $200,000 | $7,346 |
| $250,000 | $9,917 |
| $300,000 | $12,376 |
| $350,000 | $14,834 |
| $400,000 | $17,227 |
| $450,000 | $19,602 |
| $500,000 | $21,977 |
Discretionary Income in Jersey City, NJ 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
Jersey City, NJ is ranked 309th 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 Jersey City, NJ
Gross Salary
$8,333
Taxes
$1,285
Cost of Living
$5,139
Discretionary Income
$1,909
With a gross annual salary of $100,000 in Jersey City, NJ, a single parent would need to deduct approximately $1,285 per month for taxes. Considering the average cost of living in Jersey City is $5,139, single parents would have around $1,909 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jersey City, NJ, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Jersey City, NJ in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jersey City, NJ |
|---|---|
| $30,000 | -$2,749 |
| $40,000 | -$2,030 |
| $50,000 | -$1,347 |
| $60,000 | -$663 |
| $70,000 | $20 |
| $80,000 | $703 |
| $90,000 | $1,309 |
| $100,000 | $1,909 |
| $110,000 | $2,509 |
| $120,000 | $3,102 |
| $130,000 | $3,686 |
| $140,000 | $4,269 |
| $150,000 | $4,852 |
| $175,000 | $6,311 |
| $200,000 | $7,769 |
| $250,000 | $10,372 |
| $300,000 | $12,835 |
| $350,000 | $15,293 |
| $400,000 | $17,752 |
| $450,000 | $20,210 |
| $500,000 | $22,668 |
Discretionary Income in Jersey City, NJ 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
Jersey City, NJ is ranked 308th 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 Jersey City, NJ
Gross Salary
$8,333
Taxes
$920
Cost of Living
$7,051
Discretionary Income
$363
With a gross annual salary of $100,000 in Jersey City, NJ, a family would need to deduct approximately $920 per month for taxes. Considering the average cost of living in Jersey City is $7,051, families would have around $363 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Jersey City, NJ, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Jersey City, NJ in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Jersey City, NJ |
|---|---|
| $30,000 | -$4,603 |
| $40,000 | -$3,870 |
| $50,000 | -$3,137 |
| $60,000 | -$2,420 |
| $70,000 | -$1,704 |
| $80,000 | -$1,004 |
| $90,000 | -$320 |
| $100,000 | $363 |
| $110,000 | $1,046 |
| $120,000 | $1,706 |
| $130,000 | $2,306 |
| $140,000 | $2,906 |
| $150,000 | $3,506 |
| $175,000 | $5,006 |
| $200,000 | $6,506 |
| $250,000 | $9,453 |
| $300,000 | $12,370 |
| $350,000 | $15,287 |
| $400,000 | $18,149 |
| $450,000 | $20,733 |
| $500,000 | $23,291 |