Discretionary Income in Akron, OH 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
Akron, OH is ranked 22nd 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 most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Akron, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$3,207
Discretionary Income
$3,746
With a gross annual salary of $100,000 in Akron, OH, you would need to deduct approximately $1,380 per month for taxes. Given that the average cost of living in Akron is $3,207, you would have around $3,746 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Akron, OH, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Akron, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Akron, OH |
|---|---|
| $30,000 | -$860 |
| $40,000 | -$152 |
| $50,000 | $556 |
| $60,000 | $1,253 |
| $70,000 | $1,878 |
| $80,000 | $2,503 |
| $90,000 | $3,128 |
| $100,000 | $3,746 |
| $110,000 | $4,362 |
| $120,000 | $4,962 |
| $130,000 | $5,562 |
| $140,000 | $6,162 |
| $150,000 | $6,762 |
| $175,000 | $8,262 |
| $200,000 | $9,735 |
| $250,000 | $12,389 |
| $300,000 | $14,931 |
| $350,000 | $17,472 |
| $400,000 | $20,014 |
| $450,000 | $22,556 |
| $500,000 | $25,097 |
Discretionary Income in Akron, OH 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
Akron, OH is ranked 23rd 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 most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Akron, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$2,120
Discretionary Income
$4,833
With a gross annual salary of $100,000 in Akron, OH, a single person would need to deduct approximately $1,380 per month for taxes. Considering the average cost of living in Akron is $2,120, singles would have around $4,833 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Akron, OH, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Akron, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Akron, OH |
|---|---|
| $30,000 | $227 |
| $40,000 | $935 |
| $50,000 | $1,643 |
| $60,000 | $2,340 |
| $70,000 | $2,965 |
| $80,000 | $3,590 |
| $90,000 | $4,215 |
| $100,000 | $4,833 |
| $110,000 | $5,449 |
| $120,000 | $6,049 |
| $130,000 | $6,649 |
| $140,000 | $7,249 |
| $150,000 | $7,849 |
| $175,000 | $9,349 |
| $200,000 | $10,822 |
| $250,000 | $13,476 |
| $300,000 | $16,018 |
| $350,000 | $18,559 |
| $400,000 | $21,101 |
| $450,000 | $23,643 |
| $500,000 | $26,184 |
Discretionary Income in Akron, OH 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
Akron, OH is ranked 24th 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 most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Akron, OH
Gross Salary
$8,333
Taxes
$1,380
Cost of Living
$3,198
Discretionary Income
$3,755
With a gross annual salary of $100,000 in Akron, OH, a couple would need to deduct approximately $1,380 per month for taxes. Considering the average cost of living in Akron is $3,198, couples would have around $3,755 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Akron, OH, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Akron, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Akron, OH |
|---|---|
| $30,000 | -$851 |
| $40,000 | -$143 |
| $50,000 | $565 |
| $60,000 | $1,262 |
| $70,000 | $1,887 |
| $80,000 | $2,512 |
| $90,000 | $3,137 |
| $100,000 | $3,755 |
| $110,000 | $4,371 |
| $120,000 | $4,971 |
| $130,000 | $5,571 |
| $140,000 | $6,171 |
| $150,000 | $6,771 |
| $175,000 | $8,271 |
| $200,000 | $9,744 |
| $250,000 | $12,398 |
| $300,000 | $14,940 |
| $350,000 | $17,481 |
| $400,000 | $19,957 |
| $450,000 | $22,416 |
| $500,000 | $24,874 |
Discretionary Income in Akron, OH 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
Akron, OH is ranked 19th 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 most amount of money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Akron, OH
Gross Salary
$8,333
Taxes
$1,119
Cost of Living
$3,071
Discretionary Income
$4,144
With a gross annual salary of $100,000 in Akron, OH, a single parent would need to deduct approximately $1,119 per month for taxes. Considering the average cost of living in Akron is $3,071, single parents would have around $4,144 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Akron, OH, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Akron, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Akron, OH |
|---|---|
| $30,000 | -$657 |
| $40,000 | $62 |
| $50,000 | $770 |
| $60,000 | $1,478 |
| $70,000 | $2,187 |
| $80,000 | $2,895 |
| $90,000 | $3,525 |
| $100,000 | $4,144 |
| $110,000 | $4,761 |
| $120,000 | $5,371 |
| $130,000 | $5,971 |
| $140,000 | $6,571 |
| $150,000 | $7,171 |
| $175,000 | $8,671 |
| $200,000 | $10,171 |
| $250,000 | $12,857 |
| $300,000 | $15,404 |
| $350,000 | $17,945 |
| $400,000 | $20,487 |
| $450,000 | $23,029 |
| $500,000 | $25,570 |
Discretionary Income in Akron, OH 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
Akron, OH is ranked 21st 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 Akron, OH
Gross Salary
$8,333
Taxes
$878
Cost of Living
$4,439
Discretionary Income
$3,016
With a gross annual salary of $100,000 in Akron, OH, a family would need to deduct approximately $878 per month for taxes. Considering the average cost of living in Akron is $4,439, families would have around $3,016 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Akron, OH, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Akron, OH in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Akron, OH |
|---|---|
| $30,000 | -$1,968 |
| $40,000 | -$1,243 |
| $50,000 | -$519 |
| $60,000 | $189 |
| $70,000 | $898 |
| $80,000 | $1,606 |
| $90,000 | $2,314 |
| $100,000 | $3,016 |
| $110,000 | $3,716 |
| $120,000 | $4,392 |
| $130,000 | $5,009 |
| $140,000 | $5,626 |
| $150,000 | $6,242 |
| $175,000 | $7,784 |
| $200,000 | $9,326 |
| $250,000 | $12,357 |
| $300,000 | $15,357 |
| $350,000 | $18,357 |
| $400,000 | $21,303 |
| $450,000 | $23,969 |
| $500,000 | $26,611 |