Discretionary Income in Renton, WA 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
Renton, WA is ranked 243rd 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 Renton, WA
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,612
Discretionary Income
$2,533
With a gross annual salary of $100,000 in Renton, WA, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in Renton is $4,612, you would have around $2,533 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Renton, WA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Renton, WA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Renton, WA |
|---|---|
| $30,000 | -$2,255 |
| $40,000 | -$1,522 |
| $50,000 | -$789 |
| $60,000 | -$67 |
| $70,000 | $583 |
| $80,000 | $1,233 |
| $90,000 | $1,883 |
| $100,000 | $2,533 |
| $110,000 | $3,181 |
| $120,000 | $3,815 |
| $130,000 | $4,448 |
| $140,000 | $5,081 |
| $150,000 | $5,715 |
| $175,000 | $7,298 |
| $200,000 | $8,854 |
| $250,000 | $11,676 |
| $300,000 | $14,384 |
| $350,000 | $17,092 |
| $400,000 | $19,801 |
| $450,000 | $22,509 |
| $500,000 | $25,217 |
Discretionary Income in Renton, WA 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
Renton, WA is ranked 215th 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 Renton, WA
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$3,055
Discretionary Income
$4,090
With a gross annual salary of $100,000 in Renton, WA, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Renton is $3,055, singles would have around $4,090 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Renton, WA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Renton, WA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Renton, WA |
|---|---|
| $30,000 | -$698 |
| $40,000 | $35 |
| $50,000 | $769 |
| $60,000 | $1,490 |
| $70,000 | $2,140 |
| $80,000 | $2,790 |
| $90,000 | $3,440 |
| $100,000 | $4,090 |
| $110,000 | $4,739 |
| $120,000 | $5,372 |
| $130,000 | $6,006 |
| $140,000 | $6,639 |
| $150,000 | $7,272 |
| $175,000 | $8,856 |
| $200,000 | $10,412 |
| $250,000 | $13,233 |
| $300,000 | $15,941 |
| $350,000 | $18,650 |
| $400,000 | $21,358 |
| $450,000 | $24,066 |
| $500,000 | $26,775 |
Discretionary Income in Renton, WA 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
Renton, WA is ranked 242nd 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 Renton, WA
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,573
Discretionary Income
$2,572
With a gross annual salary of $100,000 in Renton, WA, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in Renton is $4,573, couples would have around $2,572 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Renton, WA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Renton, WA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Renton, WA |
|---|---|
| $30,000 | -$2,216 |
| $40,000 | -$1,483 |
| $50,000 | -$750 |
| $60,000 | -$28 |
| $70,000 | $622 |
| $80,000 | $1,272 |
| $90,000 | $1,922 |
| $100,000 | $2,572 |
| $110,000 | $3,220 |
| $120,000 | $3,854 |
| $130,000 | $4,487 |
| $140,000 | $5,120 |
| $150,000 | $5,754 |
| $175,000 | $7,337 |
| $200,000 | $8,893 |
| $250,000 | $11,714 |
| $300,000 | $14,423 |
| $350,000 | $17,131 |
| $400,000 | $19,774 |
| $450,000 | $22,399 |
| $500,000 | $25,024 |
Discretionary Income in Renton, WA 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
Renton, WA is ranked 243rd 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 Renton, WA
Gross Salary
$8,333
Taxes
$927
Cost of Living
$4,523
Discretionary Income
$2,883
With a gross annual salary of $100,000 in Renton, WA, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in Renton is $4,523, single parents would have around $2,883 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Renton, WA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Renton, WA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Renton, WA |
|---|---|
| $30,000 | -$2,100 |
| $40,000 | -$1,356 |
| $50,000 | -$622 |
| $60,000 | $111 |
| $70,000 | $844 |
| $80,000 | $1,578 |
| $90,000 | $2,233 |
| $100,000 | $2,883 |
| $110,000 | $3,533 |
| $120,000 | $4,177 |
| $130,000 | $4,810 |
| $140,000 | $5,443 |
| $150,000 | $6,077 |
| $175,000 | $7,660 |
| $200,000 | $9,243 |
| $250,000 | $12,096 |
| $300,000 | $14,809 |
| $350,000 | $17,518 |
| $400,000 | $20,226 |
| $450,000 | $22,934 |
| $500,000 | $25,643 |
Discretionary Income in Renton, WA 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
Renton, WA is ranked 261st 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 Renton, WA
Gross Salary
$8,333
Taxes
$686
Cost of Living
$6,298
Discretionary Income
$1,349
With a gross annual salary of $100,000 in Renton, WA, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in Renton is $6,298, families would have around $1,349 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Renton, WA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Renton, WA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Renton, WA |
|---|---|
| $30,000 | -$3,817 |
| $40,000 | -$3,067 |
| $50,000 | -$2,317 |
| $60,000 | -$1,584 |
| $70,000 | -$851 |
| $80,000 | -$117 |
| $90,000 | $616 |
| $100,000 | $1,349 |
| $110,000 | $2,083 |
| $120,000 | $2,792 |
| $130,000 | $3,442 |
| $140,000 | $4,092 |
| $150,000 | $4,742 |
| $175,000 | $6,367 |
| $200,000 | $7,992 |
| $250,000 | $11,190 |
| $300,000 | $14,356 |
| $350,000 | $17,523 |
| $400,000 | $20,636 |
| $450,000 | $23,469 |
| $500,000 | $26,278 |
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.