Discretionary Income in Richardson, 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
Richardson, TX is ranked 120th 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 Richardson, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,895
Discretionary Income
$3,250
With a gross annual salary of $100,000 in Richardson, TX, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Richardson is $3,895, you would have around $3,250 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Richardson, TX, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Richardson, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Richardson, TX |
|---|---|
| $30,000 | -$1,538 |
| $40,000 | -$805 |
| $50,000 | -$72 |
| $60,000 | $650 |
| $70,000 | $1,300 |
| $80,000 | $1,950 |
| $90,000 | $2,600 |
| $100,000 | $3,250 |
| $110,000 | $3,899 |
| $120,000 | $4,532 |
| $130,000 | $5,165 |
| $140,000 | $5,799 |
| $150,000 | $6,432 |
| $175,000 | $8,015 |
| $200,000 | $9,572 |
| $250,000 | $12,393 |
| $300,000 | $15,101 |
| $350,000 | $17,809 |
| $400,000 | $20,518 |
| $450,000 | $23,226 |
| $500,000 | $25,934 |
Discretionary Income in Richardson, 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
Richardson, TX is ranked 87th 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 Richardson, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,587
Discretionary Income
$4,558
With a gross annual salary of $100,000 in Richardson, TX, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Richardson is $2,587, singles would have around $4,558 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Richardson, TX, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Richardson, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Richardson, TX |
|---|---|
| $30,000 | -$230 |
| $40,000 | $503 |
| $50,000 | $1,237 |
| $60,000 | $1,958 |
| $70,000 | $2,608 |
| $80,000 | $3,258 |
| $90,000 | $3,908 |
| $100,000 | $4,558 |
| $110,000 | $5,207 |
| $120,000 | $5,840 |
| $130,000 | $6,473 |
| $140,000 | $7,107 |
| $150,000 | $7,740 |
| $175,000 | $9,323 |
| $200,000 | $10,880 |
| $250,000 | $13,701 |
| $300,000 | $16,409 |
| $350,000 | $19,117 |
| $400,000 | $21,826 |
| $450,000 | $24,534 |
| $500,000 | $27,242 |
Discretionary Income in Richardson, 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
Richardson, TX is ranked 108th 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 Richardson, TX
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,842
Discretionary Income
$3,303
With a gross annual salary of $100,000 in Richardson, TX, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Richardson is $3,842, couples would have around $3,303 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Richardson, TX, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Richardson, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Richardson, TX |
|---|---|
| $30,000 | -$1,485 |
| $40,000 | -$752 |
| $50,000 | -$18 |
| $60,000 | $703 |
| $70,000 | $1,353 |
| $80,000 | $2,003 |
| $90,000 | $2,653 |
| $100,000 | $3,303 |
| $110,000 | $3,952 |
| $120,000 | $4,585 |
| $130,000 | $5,218 |
| $140,000 | $5,852 |
| $150,000 | $6,485 |
| $175,000 | $8,068 |
| $200,000 | $9,625 |
| $250,000 | $12,446 |
| $300,000 | $15,154 |
| $350,000 | $17,862 |
| $400,000 | $20,505 |
| $450,000 | $23,130 |
| $500,000 | $25,755 |
Discretionary Income in Richardson, 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
Richardson, TX is ranked 124th 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 Richardson, TX
Gross Salary
$8,333
Taxes
$927
Cost of Living
$3,799
Discretionary Income
$3,607
With a gross annual salary of $100,000 in Richardson, TX, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Richardson is $3,799, single parents would have around $3,607 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Richardson, TX, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Richardson, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Richardson, TX |
|---|---|
| $30,000 | -$1,376 |
| $40,000 | -$632 |
| $50,000 | $101 |
| $60,000 | $835 |
| $70,000 | $1,568 |
| $80,000 | $2,301 |
| $90,000 | $2,957 |
| $100,000 | $3,607 |
| $110,000 | $4,257 |
| $120,000 | $4,900 |
| $130,000 | $5,534 |
| $140,000 | $6,167 |
| $150,000 | $6,800 |
| $175,000 | $8,384 |
| $200,000 | $9,967 |
| $250,000 | $12,820 |
| $300,000 | $15,533 |
| $350,000 | $18,242 |
| $400,000 | $20,950 |
| $450,000 | $23,658 |
| $500,000 | $26,367 |
Discretionary Income in Richardson, 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
Richardson, TX is ranked 141st 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Richardson, TX
Gross Salary
$8,333
Taxes
$686
Cost of Living
$5,352
Discretionary Income
$2,295
With a gross annual salary of $100,000 in Richardson, TX, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Richardson is $5,352, families would have around $2,295 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Richardson, TX, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Richardson, TX in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Richardson, TX |
|---|---|
| $30,000 | -$2,871 |
| $40,000 | -$2,121 |
| $50,000 | -$1,372 |
| $60,000 | -$638 |
| $70,000 | $95 |
| $80,000 | $828 |
| $90,000 | $1,562 |
| $100,000 | $2,295 |
| $110,000 | $3,028 |
| $120,000 | $3,738 |
| $130,000 | $4,388 |
| $140,000 | $5,038 |
| $150,000 | $5,688 |
| $175,000 | $7,313 |
| $200,000 | $8,938 |
| $250,000 | $12,135 |
| $300,000 | $15,302 |
| $350,000 | $18,469 |
| $400,000 | $21,581 |
| $450,000 | $24,415 |
| $500,000 | $27,223 |