Discretionary Income in Winston-Salem, NC 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
Winston-Salem, NC is ranked 83rd 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 Winston-Salem, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$3,378
Discretionary Income
$3,392
With a gross annual salary of $100,000 in Winston-Salem, NC, you would need to deduct approximately $1,563 per month for taxes. Given that the average cost of living in Winston-Salem is $3,378, you would have around $3,392 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Winston-Salem, NC, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Winston-Salem, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, NC |
|---|---|
| $30,000 | -$1,133 |
| $40,000 | -$437 |
| $50,000 | $258 |
| $60,000 | $942 |
| $70,000 | $1,555 |
| $80,000 | $2,167 |
| $90,000 | $2,780 |
| $100,000 | $3,392 |
| $110,000 | $4,004 |
| $120,000 | $4,599 |
| $130,000 | $5,195 |
| $140,000 | $5,791 |
| $150,000 | $6,387 |
| $175,000 | $7,876 |
| $200,000 | $9,339 |
| $250,000 | $11,973 |
| $300,000 | $14,493 |
| $350,000 | $17,014 |
| $400,000 | $19,535 |
| $450,000 | $22,056 |
| $500,000 | $24,577 |
Discretionary Income in Winston-Salem, NC 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
Winston-Salem, NC is ranked 76th 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 Winston-Salem, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$2,182
Discretionary Income
$4,588
With a gross annual salary of $100,000 in Winston-Salem, NC, a single person would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Winston-Salem is $2,182, singles would have around $4,588 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Winston-Salem, NC, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Winston-Salem, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, NC |
|---|---|
| $30,000 | $62 |
| $40,000 | $758 |
| $50,000 | $1,454 |
| $60,000 | $2,138 |
| $70,000 | $2,750 |
| $80,000 | $3,363 |
| $90,000 | $3,975 |
| $100,000 | $4,588 |
| $110,000 | $5,199 |
| $120,000 | $5,795 |
| $130,000 | $6,391 |
| $140,000 | $6,987 |
| $150,000 | $7,582 |
| $175,000 | $9,072 |
| $200,000 | $10,535 |
| $250,000 | $13,168 |
| $300,000 | $15,689 |
| $350,000 | $18,210 |
| $400,000 | $20,731 |
| $450,000 | $23,252 |
| $500,000 | $25,772 |
Discretionary Income in Winston-Salem, NC 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
Winston-Salem, NC is ranked 68th 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 Winston-Salem, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$3,286
Discretionary Income
$3,484
With a gross annual salary of $100,000 in Winston-Salem, NC, a couple would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Winston-Salem is $3,286, couples would have around $3,484 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Winston-Salem, NC, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Winston-Salem, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, NC |
|---|---|
| $30,000 | -$1,041 |
| $40,000 | -$345 |
| $50,000 | $350 |
| $60,000 | $1,034 |
| $70,000 | $1,647 |
| $80,000 | $2,259 |
| $90,000 | $2,872 |
| $100,000 | $3,484 |
| $110,000 | $4,096 |
| $120,000 | $4,691 |
| $130,000 | $5,287 |
| $140,000 | $5,883 |
| $150,000 | $6,479 |
| $175,000 | $7,969 |
| $200,000 | $9,431 |
| $250,000 | $12,065 |
| $300,000 | $14,586 |
| $350,000 | $17,106 |
| $400,000 | $19,562 |
| $450,000 | $21,999 |
| $500,000 | $24,437 |
Discretionary Income in Winston-Salem, NC 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
Winston-Salem, NC is ranked 81st 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 Winston-Salem, NC
Gross Salary
$8,333
Taxes
$1,302
Cost of Living
$3,261
Discretionary Income
$3,770
With a gross annual salary of $100,000 in Winston-Salem, NC, a single parent would need to deduct approximately $1,302 per month for taxes. Considering the average cost of living in Winston-Salem is $3,261, single parents would have around $3,770 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Winston-Salem, NC, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Winston-Salem, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, NC |
|---|---|
| $30,000 | -$951 |
| $40,000 | -$244 |
| $50,000 | $452 |
| $60,000 | $1,148 |
| $70,000 | $1,844 |
| $80,000 | $2,539 |
| $90,000 | $3,157 |
| $100,000 | $3,770 |
| $110,000 | $4,382 |
| $120,000 | $4,988 |
| $130,000 | $5,584 |
| $140,000 | $6,180 |
| $150,000 | $6,776 |
| $175,000 | $8,265 |
| $200,000 | $9,755 |
| $250,000 | $12,420 |
| $300,000 | $14,946 |
| $350,000 | $17,467 |
| $400,000 | $19,988 |
| $450,000 | $22,509 |
| $500,000 | $25,030 |
Discretionary Income in Winston-Salem, NC 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
Winston-Salem, NC is ranked 107th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Winston-Salem, NC
Gross Salary
$8,333
Taxes
$1,061
Cost of Living
$4,782
Discretionary Income
$2,490
With a gross annual salary of $100,000 in Winston-Salem, NC, a family would need to deduct approximately $1,061 per month for taxes. Considering the average cost of living in Winston-Salem is $4,782, families would have around $2,490 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Winston-Salem, NC, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Winston-Salem, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, NC |
|---|---|
| $30,000 | -$2,413 |
| $40,000 | -$1,701 |
| $50,000 | -$989 |
| $60,000 | -$293 |
| $70,000 | $403 |
| $80,000 | $1,099 |
| $90,000 | $1,795 |
| $100,000 | $2,490 |
| $110,000 | $3,186 |
| $120,000 | $3,858 |
| $130,000 | $4,471 |
| $140,000 | $5,083 |
| $150,000 | $5,696 |
| $175,000 | $7,227 |
| $200,000 | $8,758 |
| $250,000 | $11,768 |
| $300,000 | $14,747 |
| $350,000 | $17,727 |
| $400,000 | $20,652 |
| $450,000 | $23,298 |
| $500,000 | $25,919 |