Discretionary Income in Amarillo, 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
Amarillo, TX is ranked 4th 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 Amarillo, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,129
Discretionary Income
$4,016
With a gross annual salary of $100,000 in Amarillo, TX, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Amarillo is $3,129, you would have around $4,016 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Amarillo, TX, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Amarillo, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Amarillo, TX |
|---|---|
| $30,000 | -$772 |
| $40,000 | -$39 |
| $50,000 | $695 |
| $60,000 | $1,416 |
| $70,000 | $2,066 |
| $80,000 | $2,716 |
| $90,000 | $3,366 |
| $100,000 | $4,016 |
| $110,000 | $4,665 |
| $120,000 | $5,298 |
| $130,000 | $5,932 |
| $140,000 | $6,565 |
| $150,000 | $7,198 |
| $175,000 | $8,782 |
| $200,000 | $10,338 |
| $250,000 | $13,159 |
| $300,000 | $15,867 |
| $350,000 | $18,576 |
| $400,000 | $21,284 |
| $450,000 | $23,992 |
| $500,000 | $26,701 |
Discretionary Income in Amarillo, 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
Amarillo, TX is ranked 4th 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 Amarillo, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,074
Discretionary Income
$5,071
With a gross annual salary of $100,000 in Amarillo, TX, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Amarillo is $2,074, singles would have around $5,071 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Amarillo, TX, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Amarillo, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Amarillo, TX |
|---|---|
| $30,000 | $283 |
| $40,000 | $1,016 |
| $50,000 | $1,749 |
| $60,000 | $2,471 |
| $70,000 | $3,121 |
| $80,000 | $3,771 |
| $90,000 | $4,421 |
| $100,000 | $5,071 |
| $110,000 | $5,719 |
| $120,000 | $6,353 |
| $130,000 | $6,986 |
| $140,000 | $7,619 |
| $150,000 | $8,253 |
| $175,000 | $9,836 |
| $200,000 | $11,392 |
| $250,000 | $14,214 |
| $300,000 | $16,922 |
| $350,000 | $19,630 |
| $400,000 | $22,339 |
| $450,000 | $25,047 |
| $500,000 | $27,755 |
Discretionary Income in Amarillo, 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
Amarillo, TX is ranked 4th 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 Amarillo, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,105
Discretionary Income
$4,040
With a gross annual salary of $100,000 in Amarillo, TX, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Amarillo is $3,105, couples would have around $4,040 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Amarillo, TX, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Amarillo, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Amarillo, TX |
|---|---|
| $30,000 | -$748 |
| $40,000 | -$15 |
| $50,000 | $719 |
| $60,000 | $1,440 |
| $70,000 | $2,090 |
| $80,000 | $2,740 |
| $90,000 | $3,390 |
| $100,000 | $4,040 |
| $110,000 | $4,689 |
| $120,000 | $5,322 |
| $130,000 | $5,955 |
| $140,000 | $6,589 |
| $150,000 | $7,222 |
| $175,000 | $8,805 |
| $200,000 | $10,362 |
| $250,000 | $13,183 |
| $300,000 | $15,891 |
| $350,000 | $18,600 |
| $400,000 | $21,242 |
| $450,000 | $23,867 |
| $500,000 | $26,492 |
Discretionary Income in Amarillo, 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
Amarillo, TX is ranked 2nd 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 Amarillo, TX
Gross Salary
$8,333
Taxes
$927
Cost of Living
$2,984
Discretionary Income
$4,422
With a gross annual salary of $100,000 in Amarillo, TX, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Amarillo is $2,984, single parents would have around $4,422 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Amarillo, TX, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Amarillo, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Amarillo, TX |
|---|---|
| $30,000 | -$561 |
| $40,000 | $183 |
| $50,000 | $917 |
| $60,000 | $1,650 |
| $70,000 | $2,383 |
| $80,000 | $3,117 |
| $90,000 | $3,772 |
| $100,000 | $4,422 |
| $110,000 | $5,072 |
| $120,000 | $5,716 |
| $130,000 | $6,349 |
| $140,000 | $6,982 |
| $150,000 | $7,616 |
| $175,000 | $9,199 |
| $200,000 | $10,782 |
| $250,000 | $13,635 |
| $300,000 | $16,349 |
| $350,000 | $19,057 |
| $400,000 | $21,765 |
| $450,000 | $24,474 |
| $500,000 | $27,182 |
Discretionary Income in Amarillo, 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
Amarillo, TX is ranked 6th 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 Amarillo, TX
Gross Salary
$8,333
Taxes
$686
Cost of Living
$4,352
Discretionary Income
$3,295
With a gross annual salary of $100,000 in Amarillo, TX, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Amarillo is $4,352, families would have around $3,295 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Amarillo, TX, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Amarillo, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Amarillo, TX |
|---|---|
| $30,000 | -$1,871 |
| $40,000 | -$1,121 |
| $50,000 | -$371 |
| $60,000 | $362 |
| $70,000 | $1,095 |
| $80,000 | $1,829 |
| $90,000 | $2,562 |
| $100,000 | $3,295 |
| $110,000 | $4,029 |
| $120,000 | $4,738 |
| $130,000 | $5,388 |
| $140,000 | $6,038 |
| $150,000 | $6,688 |
| $175,000 | $8,313 |
| $200,000 | $9,938 |
| $250,000 | $13,136 |
| $300,000 | $16,302 |
| $350,000 | $19,469 |
| $400,000 | $22,582 |
| $450,000 | $25,415 |
| $500,000 | $28,224 |
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.