Discretionary Income in Lubbock, 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
Lubbock, TX is ranked 8th 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 Lubbock, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,212
Discretionary Income
$3,933
With a gross annual salary of $100,000 in Lubbock, TX, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Lubbock is $3,212, you would have around $3,933 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lubbock, TX, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Lubbock, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lubbock, TX |
|---|---|
| $30,000 | -$855 |
| $40,000 | -$121 |
| $50,000 | $612 |
| $60,000 | $1,333 |
| $70,000 | $1,983 |
| $80,000 | $2,633 |
| $90,000 | $3,283 |
| $100,000 | $3,933 |
| $110,000 | $4,582 |
| $120,000 | $5,215 |
| $130,000 | $5,849 |
| $140,000 | $6,482 |
| $150,000 | $7,115 |
| $175,000 | $8,699 |
| $200,000 | $10,255 |
| $250,000 | $13,076 |
| $300,000 | $15,785 |
| $350,000 | $18,493 |
| $400,000 | $21,201 |
| $450,000 | $23,910 |
| $500,000 | $26,618 |
Discretionary Income in Lubbock, 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
Lubbock, TX is ranked 7th 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 Lubbock, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,140
Discretionary Income
$5,005
With a gross annual salary of $100,000 in Lubbock, TX, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Lubbock is $2,140, singles would have around $5,005 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lubbock, TX, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Lubbock, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lubbock, TX |
|---|---|
| $30,000 | $217 |
| $40,000 | $950 |
| $50,000 | $1,683 |
| $60,000 | $2,405 |
| $70,000 | $3,055 |
| $80,000 | $3,705 |
| $90,000 | $4,355 |
| $100,000 | $5,005 |
| $110,000 | $5,654 |
| $120,000 | $6,287 |
| $130,000 | $6,920 |
| $140,000 | $7,554 |
| $150,000 | $8,187 |
| $175,000 | $9,770 |
| $200,000 | $11,327 |
| $250,000 | $14,148 |
| $300,000 | $16,856 |
| $350,000 | $19,564 |
| $400,000 | $22,273 |
| $450,000 | $24,981 |
| $500,000 | $27,689 |
Discretionary Income in Lubbock, 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
Lubbock, TX is ranked 7th 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 Lubbock, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,155
Discretionary Income
$3,990
With a gross annual salary of $100,000 in Lubbock, TX, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Lubbock is $3,155, couples would have around $3,990 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lubbock, TX, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Lubbock, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lubbock, TX |
|---|---|
| $30,000 | -$798 |
| $40,000 | -$65 |
| $50,000 | $668 |
| $60,000 | $1,390 |
| $70,000 | $2,040 |
| $80,000 | $2,690 |
| $90,000 | $3,340 |
| $100,000 | $3,990 |
| $110,000 | $4,639 |
| $120,000 | $5,272 |
| $130,000 | $5,905 |
| $140,000 | $6,539 |
| $150,000 | $7,172 |
| $175,000 | $8,755 |
| $200,000 | $10,312 |
| $250,000 | $13,133 |
| $300,000 | $15,841 |
| $350,000 | $18,549 |
| $400,000 | $21,192 |
| $450,000 | $23,817 |
| $500,000 | $26,442 |
Discretionary Income in Lubbock, 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
Lubbock, TX is ranked 9th 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 Lubbock, TX
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,115
Discretionary Income
$4,291
With a gross annual salary of $100,000 in Lubbock, TX, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Lubbock is $3,115, single parents would have around $4,291 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lubbock, TX, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Lubbock, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lubbock, TX |
|---|---|
| $30,000 | -$692 |
| $40,000 | $53 |
| $50,000 | $786 |
| $60,000 | $1,519 |
| $70,000 | $2,253 |
| $80,000 | $2,986 |
| $90,000 | $3,641 |
| $100,000 | $4,291 |
| $110,000 | $4,941 |
| $120,000 | $5,585 |
| $130,000 | $6,218 |
| $140,000 | $6,852 |
| $150,000 | $7,485 |
| $175,000 | $9,068 |
| $200,000 | $10,652 |
| $250,000 | $13,504 |
| $300,000 | $16,218 |
| $350,000 | $18,926 |
| $400,000 | $21,634 |
| $450,000 | $24,343 |
| $500,000 | $27,051 |
Discretionary Income in Lubbock, 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
Lubbock, TX is ranked 11th 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 Lubbock, TX
Gross Salary
$8,333
Taxes
$686
Cost of Living
$4,436
Discretionary Income
$3,211
With a gross annual salary of $100,000 in Lubbock, TX, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Lubbock is $4,436, families would have around $3,211 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Lubbock, TX, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Lubbock, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Lubbock, TX |
|---|---|
| $30,000 | -$1,955 |
| $40,000 | -$1,205 |
| $50,000 | -$456 |
| $60,000 | $277 |
| $70,000 | $1,011 |
| $80,000 | $1,744 |
| $90,000 | $2,477 |
| $100,000 | $3,211 |
| $110,000 | $3,944 |
| $120,000 | $4,654 |
| $130,000 | $5,304 |
| $140,000 | $5,954 |
| $150,000 | $6,604 |
| $175,000 | $8,229 |
| $200,000 | $9,854 |
| $250,000 | $13,051 |
| $300,000 | $16,218 |
| $350,000 | $19,384 |
| $400,000 | $22,497 |
| $450,000 | $25,330 |
| $500,000 | $28,139 |