Discretionary Income in Newport News, 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
Newport News, VA is ranked 187th 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 Newport News, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$3,736
Discretionary Income
$2,934
With a gross annual salary of $100,000 in Newport News, VA, you would need to deduct approximately $1,663 per month for taxes. Given that the average cost of living in Newport News is $3,736, you would have around $2,934 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Newport News, VA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Newport News, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Newport News, VA |
|---|---|
| $30,000 | -$1,504 |
| $40,000 | -$821 |
| $50,000 | -$137 |
| $60,000 | $534 |
| $70,000 | $1,134 |
| $80,000 | $1,734 |
| $90,000 | $2,334 |
| $100,000 | $2,934 |
| $110,000 | $3,533 |
| $120,000 | $4,116 |
| $130,000 | $4,699 |
| $140,000 | $5,283 |
| $150,000 | $5,866 |
| $175,000 | $7,324 |
| $200,000 | $8,756 |
| $250,000 | $11,327 |
| $300,000 | $13,785 |
| $350,000 | $16,244 |
| $400,000 | $18,702 |
| $450,000 | $21,160 |
| $500,000 | $23,619 |
Discretionary Income in Newport News, 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
Newport News, VA is ranked 190th 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 Newport News, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$2,453
Discretionary Income
$4,217
With a gross annual salary of $100,000 in Newport News, VA, a single person would need to deduct approximately $1,663 per month for taxes. Considering the average cost of living in Newport News is $2,453, singles would have around $4,217 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Newport News, VA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Newport News, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Newport News, VA |
|---|---|
| $30,000 | -$221 |
| $40,000 | $463 |
| $50,000 | $1,146 |
| $60,000 | $1,817 |
| $70,000 | $2,417 |
| $80,000 | $3,017 |
| $90,000 | $3,617 |
| $100,000 | $4,217 |
| $110,000 | $4,816 |
| $120,000 | $5,399 |
| $130,000 | $5,983 |
| $140,000 | $6,566 |
| $150,000 | $7,149 |
| $175,000 | $8,608 |
| $200,000 | $10,039 |
| $250,000 | $12,610 |
| $300,000 | $15,068 |
| $350,000 | $17,527 |
| $400,000 | $19,985 |
| $450,000 | $22,443 |
| $500,000 | $24,902 |
Discretionary Income in Newport News, 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
Newport News, VA is ranked 174th 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 Newport News, VA
Gross Salary
$8,333
Taxes
$1,663
Cost of Living
$3,659
Discretionary Income
$3,011
With a gross annual salary of $100,000 in Newport News, VA, a couple would need to deduct approximately $1,663 per month for taxes. Considering the average cost of living in Newport News is $3,659, couples would have around $3,011 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Newport News, VA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Newport News, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Newport News, VA |
|---|---|
| $30,000 | -$1,427 |
| $40,000 | -$744 |
| $50,000 | -$61 |
| $60,000 | $611 |
| $70,000 | $1,211 |
| $80,000 | $1,811 |
| $90,000 | $2,411 |
| $100,000 | $3,011 |
| $110,000 | $3,609 |
| $120,000 | $4,193 |
| $130,000 | $4,776 |
| $140,000 | $5,359 |
| $150,000 | $5,943 |
| $175,000 | $7,401 |
| $200,000 | $8,832 |
| $250,000 | $11,403 |
| $300,000 | $13,862 |
| $350,000 | $16,320 |
| $400,000 | $18,713 |
| $450,000 | $21,088 |
| $500,000 | $23,463 |
Discretionary Income in Newport News, 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
Newport News, VA is ranked 186th 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 Newport News, VA
Gross Salary
$8,333
Taxes
$1,402
Cost of Living
$3,619
Discretionary Income
$3,313
With a gross annual salary of $100,000 in Newport News, VA, a single parent would need to deduct approximately $1,402 per month for taxes. Considering the average cost of living in Newport News is $3,619, single parents would have around $3,313 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Newport News, VA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Newport News, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Newport News, VA |
|---|---|
| $30,000 | -$1,320 |
| $40,000 | -$626 |
| $50,000 | $57 |
| $60,000 | $741 |
| $70,000 | $1,424 |
| $80,000 | $2,107 |
| $90,000 | $2,713 |
| $100,000 | $3,313 |
| $110,000 | $3,913 |
| $120,000 | $4,506 |
| $130,000 | $5,090 |
| $140,000 | $5,673 |
| $150,000 | $6,256 |
| $175,000 | $7,715 |
| $200,000 | $9,173 |
| $250,000 | $11,776 |
| $300,000 | $14,239 |
| $350,000 | $16,697 |
| $400,000 | $19,156 |
| $450,000 | $21,614 |
| $500,000 | $24,072 |
Discretionary Income in Newport News, 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
Newport News, VA is ranked 201st 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 Newport News, VA
Gross Salary
$8,333
Taxes
$1,161
Cost of Living
$5,213
Discretionary Income
$1,959
With a gross annual salary of $100,000 in Newport News, VA, a family would need to deduct approximately $1,161 per month for taxes. Considering the average cost of living in Newport News is $5,213, families would have around $1,959 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Newport News, VA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Newport News, VA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Newport News, VA |
|---|---|
| $30,000 | -$2,857 |
| $40,000 | -$2,157 |
| $50,000 | -$1,458 |
| $60,000 | -$774 |
| $70,000 | -$91 |
| $80,000 | $592 |
| $90,000 | $1,276 |
| $100,000 | $1,959 |
| $110,000 | $2,642 |
| $120,000 | $3,302 |
| $130,000 | $3,902 |
| $140,000 | $4,502 |
| $150,000 | $5,102 |
| $175,000 | $6,602 |
| $200,000 | $8,102 |
| $250,000 | $11,049 |
| $300,000 | $13,966 |
| $350,000 | $16,883 |
| $400,000 | $19,745 |
| $450,000 | $22,329 |
| $500,000 | $24,887 |