Discretionary Income in Mcallen, 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
Mcallen, TX is ranked 2nd 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 Mcallen, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,077
Discretionary Income
$4,068
With a gross annual salary of $100,000 in Mcallen, TX, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Mcallen is $3,077, you would have around $4,068 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Mcallen, TX, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Mcallen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Mcallen, TX |
|---|---|
| $30,000 | -$721 |
| $40,000 | $13 |
| $50,000 | $746 |
| $60,000 | $1,468 |
| $70,000 | $2,118 |
| $80,000 | $2,768 |
| $90,000 | $3,418 |
| $100,000 | $4,068 |
| $110,000 | $4,716 |
| $120,000 | $5,350 |
| $130,000 | $5,983 |
| $140,000 | $6,616 |
| $150,000 | $7,250 |
| $175,000 | $8,833 |
| $200,000 | $10,389 |
| $250,000 | $13,210 |
| $300,000 | $15,919 |
| $350,000 | $18,627 |
| $400,000 | $21,335 |
| $450,000 | $24,044 |
| $500,000 | $26,752 |
Discretionary Income in Mcallen, 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
Mcallen, TX is ranked 3rd 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 Mcallen, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,071
Discretionary Income
$5,073
With a gross annual salary of $100,000 in Mcallen, TX, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Mcallen is $2,071, singles would have around $5,073 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Mcallen, TX, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Mcallen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Mcallen, TX |
|---|---|
| $30,000 | $285 |
| $40,000 | $1,019 |
| $50,000 | $1,752 |
| $60,000 | $2,473 |
| $70,000 | $3,123 |
| $80,000 | $3,773 |
| $90,000 | $4,423 |
| $100,000 | $5,073 |
| $110,000 | $5,722 |
| $120,000 | $6,356 |
| $130,000 | $6,989 |
| $140,000 | $7,622 |
| $150,000 | $8,256 |
| $175,000 | $9,839 |
| $200,000 | $11,395 |
| $250,000 | $14,216 |
| $300,000 | $16,925 |
| $350,000 | $19,633 |
| $400,000 | $22,341 |
| $450,000 | $25,050 |
| $500,000 | $27,758 |
Discretionary Income in Mcallen, 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
Mcallen, TX is ranked 2nd 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 Mcallen, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,048
Discretionary Income
$4,097
With a gross annual salary of $100,000 in Mcallen, TX, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Mcallen is $3,048, couples would have around $4,097 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Mcallen, TX, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Mcallen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Mcallen, TX |
|---|---|
| $30,000 | -$691 |
| $40,000 | $42 |
| $50,000 | $776 |
| $60,000 | $1,497 |
| $70,000 | $2,147 |
| $80,000 | $2,797 |
| $90,000 | $3,447 |
| $100,000 | $4,097 |
| $110,000 | $4,746 |
| $120,000 | $5,379 |
| $130,000 | $6,013 |
| $140,000 | $6,646 |
| $150,000 | $7,279 |
| $175,000 | $8,863 |
| $200,000 | $10,419 |
| $250,000 | $13,240 |
| $300,000 | $15,948 |
| $350,000 | $18,657 |
| $400,000 | $21,300 |
| $450,000 | $23,925 |
| $500,000 | $26,550 |
Discretionary Income in Mcallen, 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
Mcallen, TX is ranked 5th 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 Mcallen, TX
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,031
Discretionary Income
$4,375
With a gross annual salary of $100,000 in Mcallen, TX, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Mcallen is $3,031, single parents would have around $4,375 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Mcallen, TX, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Mcallen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Mcallen, TX |
|---|---|
| $30,000 | -$608 |
| $40,000 | $136 |
| $50,000 | $869 |
| $60,000 | $1,603 |
| $70,000 | $2,336 |
| $80,000 | $3,069 |
| $90,000 | $3,725 |
| $100,000 | $4,375 |
| $110,000 | $5,025 |
| $120,000 | $5,668 |
| $130,000 | $6,302 |
| $140,000 | $6,935 |
| $150,000 | $7,568 |
| $175,000 | $9,152 |
| $200,000 | $10,735 |
| $250,000 | $13,588 |
| $300,000 | $16,301 |
| $350,000 | $19,009 |
| $400,000 | $21,718 |
| $450,000 | $24,426 |
| $500,000 | $27,134 |
Discretionary Income in Mcallen, 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
Mcallen, TX is ranked 1st 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 Mcallen, TX
Gross Salary
$8,333
Taxes
$686
Cost of Living
$4,159
Discretionary Income
$3,488
With a gross annual salary of $100,000 in Mcallen, TX, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Mcallen is $4,159, families would have around $3,488 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Mcallen, TX, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Mcallen, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Mcallen, TX |
|---|---|
| $30,000 | -$1,678 |
| $40,000 | -$928 |
| $50,000 | -$179 |
| $60,000 | $555 |
| $70,000 | $1,288 |
| $80,000 | $2,021 |
| $90,000 | $2,755 |
| $100,000 | $3,488 |
| $110,000 | $4,221 |
| $120,000 | $4,931 |
| $130,000 | $5,581 |
| $140,000 | $6,231 |
| $150,000 | $6,881 |
| $175,000 | $8,506 |
| $200,000 | $10,131 |
| $250,000 | $13,328 |
| $300,000 | $16,495 |
| $350,000 | $19,662 |
| $400,000 | $22,774 |
| $450,000 | $25,608 |
| $500,000 | $28,417 |
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.