Discretionary Income in Austin, 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
Austin, TX is ranked 181st 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 Austin, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,178
Discretionary Income
$2,967
With a gross annual salary of $100,000 in Austin, TX, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Austin is $4,178, you would have around $2,967 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Austin, TX, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Austin, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Austin, TX |
|---|---|
| $30,000 | -$1,821 |
| $40,000 | -$1,088 |
| $50,000 | -$354 |
| $60,000 | $367 |
| $70,000 | $1,017 |
| $80,000 | $1,667 |
| $90,000 | $2,317 |
| $100,000 | $2,967 |
| $110,000 | $3,616 |
| $120,000 | $4,249 |
| $130,000 | $4,883 |
| $140,000 | $5,516 |
| $150,000 | $6,149 |
| $175,000 | $7,733 |
| $200,000 | $9,289 |
| $250,000 | $12,110 |
| $300,000 | $14,818 |
| $350,000 | $17,527 |
| $400,000 | $20,235 |
| $450,000 | $22,943 |
| $500,000 | $25,652 |
Discretionary Income in Austin, 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
Austin, TX is ranked 156th 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 Austin, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,794
Discretionary Income
$4,351
With a gross annual salary of $100,000 in Austin, TX, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Austin is $2,794, singles would have around $4,351 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Austin, TX, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Austin, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Austin, TX |
|---|---|
| $30,000 | -$437 |
| $40,000 | $297 |
| $50,000 | $1,030 |
| $60,000 | $1,751 |
| $70,000 | $2,401 |
| $80,000 | $3,051 |
| $90,000 | $3,701 |
| $100,000 | $4,351 |
| $110,000 | $5,000 |
| $120,000 | $5,633 |
| $130,000 | $6,267 |
| $140,000 | $6,900 |
| $150,000 | $7,533 |
| $175,000 | $9,117 |
| $200,000 | $10,673 |
| $250,000 | $13,494 |
| $300,000 | $16,203 |
| $350,000 | $18,911 |
| $400,000 | $21,619 |
| $450,000 | $24,328 |
| $500,000 | $27,036 |
Discretionary Income in Austin, 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
Austin, TX is ranked 189th 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 Austin, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,190
Discretionary Income
$2,955
With a gross annual salary of $100,000 in Austin, TX, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Austin is $4,190, couples would have around $2,955 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Austin, TX, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Austin, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Austin, TX |
|---|---|
| $30,000 | -$1,833 |
| $40,000 | -$1,100 |
| $50,000 | -$367 |
| $60,000 | $355 |
| $70,000 | $1,005 |
| $80,000 | $1,655 |
| $90,000 | $2,305 |
| $100,000 | $2,955 |
| $110,000 | $3,604 |
| $120,000 | $4,237 |
| $130,000 | $4,870 |
| $140,000 | $5,504 |
| $150,000 | $6,137 |
| $175,000 | $7,720 |
| $200,000 | $9,277 |
| $250,000 | $12,098 |
| $300,000 | $14,806 |
| $350,000 | $17,514 |
| $400,000 | $20,157 |
| $450,000 | $22,782 |
| $500,000 | $25,407 |
Discretionary Income in Austin, 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
Austin, TX is ranked 179th 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 Austin, TX
Gross Salary
$8,333
Taxes
$927
Cost of Living
$4,062
Discretionary Income
$3,345
With a gross annual salary of $100,000 in Austin, TX, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Austin is $4,062, single parents would have around $3,345 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Austin, TX, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Austin, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Austin, TX |
|---|---|
| $30,000 | -$1,638 |
| $40,000 | -$894 |
| $50,000 | -$161 |
| $60,000 | $573 |
| $70,000 | $1,306 |
| $80,000 | $2,039 |
| $90,000 | $2,695 |
| $100,000 | $3,345 |
| $110,000 | $3,995 |
| $120,000 | $4,638 |
| $130,000 | $5,272 |
| $140,000 | $5,905 |
| $150,000 | $6,538 |
| $175,000 | $8,122 |
| $200,000 | $9,705 |
| $250,000 | $12,558 |
| $300,000 | $15,271 |
| $350,000 | $17,979 |
| $400,000 | $20,688 |
| $450,000 | $23,396 |
| $500,000 | $26,104 |
Discretionary Income in Austin, 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
Austin, TX is ranked 199th 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 Austin, TX
Gross Salary
$8,333
Taxes
$686
Cost of Living
$5,666
Discretionary Income
$1,981
With a gross annual salary of $100,000 in Austin, TX, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Austin is $5,666, families would have around $1,981 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Austin, TX, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Austin, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Austin, TX |
|---|---|
| $30,000 | -$3,185 |
| $40,000 | -$2,435 |
| $50,000 | -$1,686 |
| $60,000 | -$952 |
| $70,000 | -$219 |
| $80,000 | $514 |
| $90,000 | $1,248 |
| $100,000 | $1,981 |
| $110,000 | $2,714 |
| $120,000 | $3,424 |
| $130,000 | $4,074 |
| $140,000 | $4,724 |
| $150,000 | $5,374 |
| $175,000 | $6,999 |
| $200,000 | $8,624 |
| $250,000 | $11,821 |
| $300,000 | $14,988 |
| $350,000 | $18,155 |
| $400,000 | $21,267 |
| $450,000 | $24,101 |
| $500,000 | $26,909 |