Discretionary Income in Dallas, 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
Dallas, TX is ranked 159th 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 Dallas, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,083
Discretionary Income
$3,062
With a gross annual salary of $100,000 in Dallas, TX, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Dallas is $4,083, you would have around $3,062 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Dallas, TX, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Dallas, TX in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Dallas, TX |
---|---|
$30,000 | -$1,726 |
$40,000 | -$993 |
$50,000 | -$259 |
$60,000 | $462 |
$70,000 | $1,112 |
$80,000 | $1,762 |
$90,000 | $2,412 |
$100,000 | $3,062 |
$110,000 | $3,711 |
$120,000 | $4,344 |
$130,000 | $4,977 |
$140,000 | $5,611 |
$150,000 | $6,244 |
$175,000 | $7,827 |
$200,000 | $9,384 |
$250,000 | $12,205 |
$300,000 | $14,913 |
$350,000 | $17,622 |
$400,000 | $20,330 |
$450,000 | $23,038 |
$500,000 | $25,747 |
Discretionary Income in Dallas, 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
Dallas, TX is ranked 132nd 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 Dallas, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,720
Discretionary Income
$4,425
With a gross annual salary of $100,000 in Dallas, TX, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Dallas is $2,720, singles would have around $4,425 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Dallas, TX, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Dallas, TX in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Dallas, TX |
---|---|
$30,000 | -$363 |
$40,000 | $371 |
$50,000 | $1,104 |
$60,000 | $1,825 |
$70,000 | $2,475 |
$80,000 | $3,125 |
$90,000 | $3,775 |
$100,000 | $4,425 |
$110,000 | $5,074 |
$120,000 | $5,707 |
$130,000 | $6,341 |
$140,000 | $6,974 |
$150,000 | $7,607 |
$175,000 | $9,191 |
$200,000 | $10,747 |
$250,000 | $13,568 |
$300,000 | $16,276 |
$350,000 | $18,985 |
$400,000 | $21,693 |
$450,000 | $24,401 |
$500,000 | $27,110 |
Discretionary Income in Dallas, 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
Dallas, TX is ranked 161st 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 Dallas, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,080
Discretionary Income
$3,065
With a gross annual salary of $100,000 in Dallas, TX, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Dallas is $4,080, couples would have around $3,065 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Dallas, TX, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Dallas, TX in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Dallas, TX |
---|---|
$30,000 | -$1,723 |
$40,000 | -$990 |
$50,000 | -$257 |
$60,000 | $465 |
$70,000 | $1,115 |
$80,000 | $1,765 |
$90,000 | $2,415 |
$100,000 | $3,065 |
$110,000 | $3,714 |
$120,000 | $4,347 |
$130,000 | $4,980 |
$140,000 | $5,614 |
$150,000 | $6,247 |
$175,000 | $7,830 |
$200,000 | $9,387 |
$250,000 | $12,208 |
$300,000 | $14,916 |
$350,000 | $17,624 |
$400,000 | $20,267 |
$450,000 | $22,892 |
$500,000 | $25,517 |
Discretionary Income in Dallas, 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
Dallas, TX is ranked 151st 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 Dallas, TX
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,935
Discretionary Income
$3,471
With a gross annual salary of $100,000 in Dallas, TX, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Dallas is $3,935, single parents would have around $3,471 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Dallas, TX, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Dallas, TX in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Dallas, TX |
---|---|
$30,000 | -$1,512 |
$40,000 | -$767 |
$50,000 | -$34 |
$60,000 | $699 |
$70,000 | $1,433 |
$80,000 | $2,166 |
$90,000 | $2,821 |
$100,000 | $3,471 |
$110,000 | $4,121 |
$120,000 | $4,765 |
$130,000 | $5,398 |
$140,000 | $6,032 |
$150,000 | $6,665 |
$175,000 | $8,248 |
$200,000 | $9,832 |
$250,000 | $12,684 |
$300,000 | $15,398 |
$350,000 | $18,106 |
$400,000 | $20,814 |
$450,000 | $23,523 |
$500,000 | $26,231 |
Discretionary Income in Dallas, 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
Dallas, TX is ranked 184th 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 Dallas, TX
Gross Salary
$8,333
Taxes
$686
Cost of Living
$5,597
Discretionary Income
$2,050
With a gross annual salary of $100,000 in Dallas, TX, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Dallas is $5,597, families would have around $2,050 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Dallas, TX, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Dallas, TX in 2024
Gross Annual Salary | Estimated Monthly Discretionary Income in Dallas, TX |
---|---|
$30,000 | -$3,116 |
$40,000 | -$2,366 |
$50,000 | -$1,617 |
$60,000 | -$883 |
$70,000 | -$150 |
$80,000 | $583 |
$90,000 | $1,317 |
$100,000 | $2,050 |
$110,000 | $2,783 |
$120,000 | $3,493 |
$130,000 | $4,143 |
$140,000 | $4,793 |
$150,000 | $5,443 |
$175,000 | $7,068 |
$200,000 | $8,693 |
$250,000 | $11,890 |
$300,000 | $15,057 |
$350,000 | $18,224 |
$400,000 | $21,336 |
$450,000 | $24,170 |
$500,000 | $26,978 |