Discretionary Income in Salem, OR 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
Salem, OR is ranked 218th 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 Salem, OR
Gross Salary
$8,333
Taxes
$1,913
Cost of Living
$3,675
Discretionary Income
$2,745
With a gross annual salary of $100,000 in Salem, OR, you would need to deduct approximately $1,913 per month for taxes. Given that the average cost of living in Salem is $3,675, you would have around $2,745 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salem, OR, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Salem, OR in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, OR |
|---|---|
| $30,000 | -$1,518 |
| $40,000 | -$859 |
| $50,000 | -$201 |
| $60,000 | $445 |
| $70,000 | $1,020 |
| $80,000 | $1,595 |
| $90,000 | $2,170 |
| $100,000 | $2,745 |
| $110,000 | $3,319 |
| $120,000 | $3,877 |
| $130,000 | $4,432 |
| $140,000 | $4,982 |
| $150,000 | $5,532 |
| $175,000 | $6,907 |
| $200,000 | $8,255 |
| $250,000 | $10,659 |
| $300,000 | $12,951 |
| $350,000 | $15,242 |
| $400,000 | $17,534 |
| $450,000 | $19,826 |
| $500,000 | $22,117 |
Discretionary Income in Salem, OR 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
Salem, OR is ranked 235th 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 Salem, OR
Gross Salary
$8,333
Taxes
$1,913
Cost of Living
$2,429
Discretionary Income
$3,991
With a gross annual salary of $100,000 in Salem, OR, a single person would need to deduct approximately $1,913 per month for taxes. Considering the average cost of living in Salem is $2,429, singles would have around $3,991 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salem, OR, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Salem, OR in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, OR |
|---|---|
| $30,000 | -$272 |
| $40,000 | $386 |
| $50,000 | $1,045 |
| $60,000 | $1,691 |
| $70,000 | $2,266 |
| $80,000 | $2,841 |
| $90,000 | $3,416 |
| $100,000 | $3,991 |
| $110,000 | $4,565 |
| $120,000 | $5,123 |
| $130,000 | $5,677 |
| $140,000 | $6,227 |
| $150,000 | $6,777 |
| $175,000 | $8,152 |
| $200,000 | $9,500 |
| $250,000 | $11,905 |
| $300,000 | $14,196 |
| $350,000 | $16,488 |
| $400,000 | $18,780 |
| $450,000 | $21,071 |
| $500,000 | $23,363 |
Discretionary Income in Salem, OR 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
Salem, OR is ranked 210th 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 Salem, OR
Gross Salary
$8,333
Taxes
$1,913
Cost of Living
$3,608
Discretionary Income
$2,812
With a gross annual salary of $100,000 in Salem, OR, a couple would need to deduct approximately $1,913 per month for taxes. Considering the average cost of living in Salem is $3,608, couples would have around $2,812 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salem, OR, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Salem, OR in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, OR |
|---|---|
| $30,000 | -$1,451 |
| $40,000 | -$793 |
| $50,000 | -$135 |
| $60,000 | $512 |
| $70,000 | $1,087 |
| $80,000 | $1,662 |
| $90,000 | $2,237 |
| $100,000 | $2,812 |
| $110,000 | $3,386 |
| $120,000 | $3,944 |
| $130,000 | $4,498 |
| $140,000 | $5,048 |
| $150,000 | $5,598 |
| $175,000 | $6,973 |
| $200,000 | $8,321 |
| $250,000 | $10,726 |
| $300,000 | $13,017 |
| $350,000 | $15,309 |
| $400,000 | $17,535 |
| $450,000 | $19,743 |
| $500,000 | $21,952 |
Discretionary Income in Salem, OR 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
Salem, OR is ranked 221st 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 Salem, OR
Gross Salary
$8,333
Taxes
$1,652
Cost of Living
$3,587
Discretionary Income
$3,094
With a gross annual salary of $100,000 in Salem, OR, a single parent would need to deduct approximately $1,652 per month for taxes. Considering the average cost of living in Salem is $3,587, single parents would have around $3,094 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salem, OR, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Salem, OR in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, OR |
|---|---|
| $30,000 | -$1,364 |
| $40,000 | -$695 |
| $50,000 | -$36 |
| $60,000 | $622 |
| $70,000 | $1,280 |
| $80,000 | $1,939 |
| $90,000 | $2,519 |
| $100,000 | $3,094 |
| $110,000 | $3,669 |
| $120,000 | $4,238 |
| $130,000 | $4,792 |
| $140,000 | $5,342 |
| $150,000 | $5,892 |
| $175,000 | $7,267 |
| $200,000 | $8,642 |
| $250,000 | $11,078 |
| $300,000 | $13,375 |
| $350,000 | $15,666 |
| $400,000 | $17,958 |
| $450,000 | $20,250 |
| $500,000 | $22,541 |
Discretionary Income in Salem, OR 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
Salem, OR is ranked 213th 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 Salem, OR
Gross Salary
$8,333
Taxes
$1,386
Cost of Living
$5,075
Discretionary Income
$1,873
With a gross annual salary of $100,000 in Salem, OR, a family would need to deduct approximately $1,386 per month for taxes. Considering the average cost of living in Salem is $5,075, families would have around $1,873 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Salem, OR, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Salem, OR in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Salem, OR |
|---|---|
| $30,000 | -$2,769 |
| $40,000 | -$2,094 |
| $50,000 | -$1,419 |
| $60,000 | -$761 |
| $70,000 | -$102 |
| $80,000 | $556 |
| $90,000 | $1,214 |
| $100,000 | $1,873 |
| $110,000 | $2,531 |
| $120,000 | $3,165 |
| $130,000 | $3,740 |
| $140,000 | $4,315 |
| $150,000 | $4,890 |
| $175,000 | $6,328 |
| $200,000 | $7,765 |
| $250,000 | $10,588 |
| $300,000 | $13,338 |
| $350,000 | $16,088 |
| $400,000 | $18,784 |
| $450,000 | $21,201 |
| $500,000 | $23,593 |
The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.