Discretionary Income in Hampton, VA 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
Hampton, VA is ranked 175th 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 Hampton, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$3,683
Discretionary Income
$2,987
With a gross annual salary of $100,000 in Hampton, VA, you would need to deduct approximately $1,663 per month for taxes. Given that the average cost of living in Hampton is $3,683, you would have around $2,987 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Hampton, VA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Hampton, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Hampton, VA |
|---|---|
| $30,000 | -$1,451 |
| $40,000 | -$768 |
| $50,000 | -$84 |
| $60,000 | $587 |
| $70,000 | $1,187 |
| $80,000 | $1,787 |
| $90,000 | $2,387 |
| $100,000 | $2,987 |
| $110,000 | $3,586 |
| $120,000 | $4,169 |
| $130,000 | $4,753 |
| $140,000 | $5,336 |
| $150,000 | $5,919 |
| $175,000 | $7,378 |
| $200,000 | $8,809 |
| $250,000 | $11,380 |
| $300,000 | $13,838 |
| $350,000 | $16,297 |
| $400,000 | $18,755 |
| $450,000 | $21,213 |
| $500,000 | $23,672 |
Discretionary Income in Hampton, VA 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
Hampton, VA is ranked 193rd 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 less money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Hampton, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$2,473
Discretionary Income
$4,197
With a gross annual salary of $100,000 in Hampton, VA, a single person would need to deduct approximately $1,663 per month for taxes. Considering the average cost of living in Hampton is $2,473, singles would have around $4,197 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Hampton, VA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Hampton, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Hampton, VA |
|---|---|
| $30,000 | -$241 |
| $40,000 | $442 |
| $50,000 | $1,125 |
| $60,000 | $1,797 |
| $70,000 | $2,397 |
| $80,000 | $2,997 |
| $90,000 | $3,597 |
| $100,000 | $4,197 |
| $110,000 | $4,795 |
| $120,000 | $5,379 |
| $130,000 | $5,962 |
| $140,000 | $6,545 |
| $150,000 | $7,129 |
| $175,000 | $8,587 |
| $200,000 | $10,018 |
| $250,000 | $12,590 |
| $300,000 | $15,048 |
| $350,000 | $17,506 |
| $400,000 | $19,965 |
| $450,000 | $22,423 |
| $500,000 | $24,881 |
Discretionary Income in Hampton, VA 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
Hampton, VA is ranked 199th 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 Hampton, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$3,733
Discretionary Income
$2,937
With a gross annual salary of $100,000 in Hampton, VA, a couple would need to deduct approximately $1,663 per month for taxes. Considering the average cost of living in Hampton is $3,733, couples would have around $2,937 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Hampton, VA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Hampton, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Hampton, VA |
|---|---|
| $30,000 | -$1,501 |
| $40,000 | -$818 |
| $50,000 | -$135 |
| $60,000 | $537 |
| $70,000 | $1,137 |
| $80,000 | $1,737 |
| $90,000 | $2,337 |
| $100,000 | $2,937 |
| $110,000 | $3,535 |
| $120,000 | $4,119 |
| $130,000 | $4,702 |
| $140,000 | $5,285 |
| $150,000 | $5,869 |
| $175,000 | $7,327 |
| $200,000 | $8,758 |
| $250,000 | $11,329 |
| $300,000 | $13,788 |
| $350,000 | $16,246 |
| $400,000 | $18,639 |
| $450,000 | $21,014 |
| $500,000 | $23,389 |
Discretionary Income in Hampton, VA 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
Hampton, VA is ranked 171st 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 Hampton, VA
Gross Salary
$8,333
Taxes
$1,402
Cost of Living
$3,549
Discretionary Income
$3,382
With a gross annual salary of $100,000 in Hampton, VA, a single parent would need to deduct approximately $1,402 per month for taxes. Considering the average cost of living in Hampton is $3,549, single parents would have around $3,382 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Hampton, VA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Hampton, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Hampton, VA |
|---|---|
| $30,000 | -$1,251 |
| $40,000 | -$557 |
| $50,000 | $126 |
| $60,000 | $810 |
| $70,000 | $1,493 |
| $80,000 | $2,176 |
| $90,000 | $2,782 |
| $100,000 | $3,382 |
| $110,000 | $3,982 |
| $120,000 | $4,575 |
| $130,000 | $5,159 |
| $140,000 | $5,742 |
| $150,000 | $6,325 |
| $175,000 | $7,784 |
| $200,000 | $9,242 |
| $250,000 | $11,845 |
| $300,000 | $14,308 |
| $350,000 | $16,766 |
| $400,000 | $19,225 |
| $450,000 | $21,683 |
| $500,000 | $24,141 |
Discretionary Income in Hampton, VA 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
Hampton, VA is ranked 163rd 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 Hampton, VA
Gross Salary
$8,333
Taxes
$1,161
Cost of Living
$4,975
Discretionary Income
$2,197
With a gross annual salary of $100,000 in Hampton, VA, a family would need to deduct approximately $1,161 per month for taxes. Considering the average cost of living in Hampton is $4,975, families would have around $2,197 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Hampton, VA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Hampton, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Hampton, VA |
|---|---|
| $30,000 | -$2,619 |
| $40,000 | -$1,919 |
| $50,000 | -$1,220 |
| $60,000 | -$536 |
| $70,000 | $147 |
| $80,000 | $830 |
| $90,000 | $1,514 |
| $100,000 | $2,197 |
| $110,000 | $2,880 |
| $120,000 | $3,540 |
| $130,000 | $4,140 |
| $140,000 | $4,740 |
| $150,000 | $5,340 |
| $175,000 | $6,840 |
| $200,000 | $8,340 |
| $250,000 | $11,287 |
| $300,000 | $14,204 |
| $350,000 | $17,121 |
| $400,000 | $19,983 |
| $450,000 | $22,567 |
| $500,000 | $25,126 |