Discretionary Income in Allen, TX 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
Allen, TX is ranked 123rd 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 Allen, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,911
Discretionary Income
$3,234
With a gross annual salary of $100,000 in Allen, TX, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Allen is $3,911, you would have around $3,234 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Allen, TX, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Allen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Allen, TX |
|---|---|
| $30,000 | -$1,554 |
| $40,000 | -$821 |
| $50,000 | -$88 |
| $60,000 | $634 |
| $70,000 | $1,284 |
| $80,000 | $1,934 |
| $90,000 | $2,584 |
| $100,000 | $3,234 |
| $110,000 | $3,882 |
| $120,000 | $4,516 |
| $130,000 | $5,149 |
| $140,000 | $5,782 |
| $150,000 | $6,416 |
| $175,000 | $7,999 |
| $200,000 | $9,555 |
| $250,000 | $12,376 |
| $300,000 | $15,085 |
| $350,000 | $17,793 |
| $400,000 | $20,501 |
| $450,000 | $23,210 |
| $500,000 | $25,918 |
Discretionary Income in Allen, TX 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
Allen, TX is ranked 84th 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 Allen, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,583
Discretionary Income
$4,562
With a gross annual salary of $100,000 in Allen, TX, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Allen is $2,583, singles would have around $4,562 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Allen, TX, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Allen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Allen, TX |
|---|---|
| $30,000 | -$226 |
| $40,000 | $507 |
| $50,000 | $1,240 |
| $60,000 | $1,962 |
| $70,000 | $2,612 |
| $80,000 | $3,262 |
| $90,000 | $3,912 |
| $100,000 | $4,562 |
| $110,000 | $5,211 |
| $120,000 | $5,844 |
| $130,000 | $6,477 |
| $140,000 | $7,111 |
| $150,000 | $7,744 |
| $175,000 | $9,327 |
| $200,000 | $10,884 |
| $250,000 | $13,705 |
| $300,000 | $16,413 |
| $350,000 | $19,121 |
| $400,000 | $21,830 |
| $450,000 | $24,538 |
| $500,000 | $27,246 |
Discretionary Income in Allen, TX 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
Allen, TX is ranked 124th 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 Allen, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,884
Discretionary Income
$3,261
With a gross annual salary of $100,000 in Allen, TX, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Allen is $3,884, couples would have around $3,261 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Allen, TX, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Allen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Allen, TX |
|---|---|
| $30,000 | -$1,527 |
| $40,000 | -$794 |
| $50,000 | -$60 |
| $60,000 | $661 |
| $70,000 | $1,311 |
| $80,000 | $1,961 |
| $90,000 | $2,611 |
| $100,000 | $3,261 |
| $110,000 | $3,910 |
| $120,000 | $4,543 |
| $130,000 | $5,176 |
| $140,000 | $5,810 |
| $150,000 | $6,443 |
| $175,000 | $8,026 |
| $200,000 | $9,583 |
| $250,000 | $12,404 |
| $300,000 | $15,112 |
| $350,000 | $17,821 |
| $400,000 | $20,463 |
| $450,000 | $23,088 |
| $500,000 | $25,713 |
Discretionary Income in Allen, TX 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
Allen, TX is ranked 112th 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 Allen, TX
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,758
Discretionary Income
$3,648
With a gross annual salary of $100,000 in Allen, TX, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Allen is $3,758, single parents would have around $3,648 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Allen, TX, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Allen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Allen, TX |
|---|---|
| $30,000 | -$1,334 |
| $40,000 | -$590 |
| $50,000 | $143 |
| $60,000 | $876 |
| $70,000 | $1,610 |
| $80,000 | $2,343 |
| $90,000 | $2,998 |
| $100,000 | $3,648 |
| $110,000 | $4,298 |
| $120,000 | $4,942 |
| $130,000 | $5,575 |
| $140,000 | $6,209 |
| $150,000 | $6,842 |
| $175,000 | $8,425 |
| $200,000 | $10,009 |
| $250,000 | $12,861 |
| $300,000 | $15,575 |
| $350,000 | $18,283 |
| $400,000 | $20,992 |
| $450,000 | $23,700 |
| $500,000 | $26,408 |
Discretionary Income in Allen, TX 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
Allen, TX is ranked 159th 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 Allen, TX
Gross Salary
$8,333
Taxes
$686
Cost of Living
$5,420
Discretionary Income
$2,227
With a gross annual salary of $100,000 in Allen, TX, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Allen is $5,420, families would have around $2,227 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Allen, TX, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Allen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Allen, TX |
|---|---|
| $30,000 | -$2,939 |
| $40,000 | -$2,189 |
| $50,000 | -$1,440 |
| $60,000 | -$707 |
| $70,000 | $27 |
| $80,000 | $760 |
| $90,000 | $1,493 |
| $100,000 | $2,227 |
| $110,000 | $2,960 |
| $120,000 | $3,670 |
| $130,000 | $4,320 |
| $140,000 | $4,970 |
| $150,000 | $5,620 |
| $175,000 | $7,245 |
| $200,000 | $8,870 |
| $250,000 | $12,067 |
| $300,000 | $15,234 |
| $350,000 | $18,400 |
| $400,000 | $21,513 |
| $450,000 | $24,346 |
| $500,000 | $27,155 |
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.