Discretionary Income in Milwaukee, WI 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
Milwaukee, WI is ranked 161st 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 Milwaukee, WI
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$3,672
Discretionary Income
$3,056
With a gross annual salary of $100,000 in Milwaukee, WI, you would need to deduct approximately $1,605 per month for taxes. Given that the average cost of living in Milwaukee is $3,672, you would have around $3,056 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Milwaukee, WI, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Milwaukee, WI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Milwaukee, WI |
|---|---|
| $30,000 | -$1,441 |
| $40,000 | -$749 |
| $50,000 | -$57 |
| $60,000 | $622 |
| $70,000 | $1,231 |
| $80,000 | $1,839 |
| $90,000 | $2,447 |
| $100,000 | $3,056 |
| $110,000 | $3,663 |
| $120,000 | $4,255 |
| $130,000 | $4,846 |
| $140,000 | $5,438 |
| $150,000 | $6,030 |
| $175,000 | $7,509 |
| $200,000 | $8,961 |
| $250,000 | $11,574 |
| $300,000 | $14,074 |
| $350,000 | $16,574 |
| $400,000 | $19,074 |
| $450,000 | $21,574 |
| $500,000 | $24,074 |
Discretionary Income in Milwaukee, WI 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
Milwaukee, WI is ranked 171st 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 Milwaukee, WI
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$2,427
Discretionary Income
$4,302
With a gross annual salary of $100,000 in Milwaukee, WI, a single person would need to deduct approximately $1,605 per month for taxes. Considering the average cost of living in Milwaukee is $2,427, singles would have around $4,302 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Milwaukee, WI, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Milwaukee, WI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Milwaukee, WI |
|---|---|
| $30,000 | -$195 |
| $40,000 | $497 |
| $50,000 | $1,189 |
| $60,000 | $1,868 |
| $70,000 | $2,477 |
| $80,000 | $3,085 |
| $90,000 | $3,693 |
| $100,000 | $4,302 |
| $110,000 | $4,909 |
| $120,000 | $5,500 |
| $130,000 | $6,092 |
| $140,000 | $6,684 |
| $150,000 | $7,275 |
| $175,000 | $8,755 |
| $200,000 | $10,207 |
| $250,000 | $12,820 |
| $300,000 | $15,320 |
| $350,000 | $17,820 |
| $400,000 | $20,320 |
| $450,000 | $22,820 |
| $500,000 | $25,320 |
Discretionary Income in Milwaukee, WI 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
Milwaukee, WI is ranked 156th 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 Milwaukee, WI
Gross Salary
$8,333
Taxes
$1,605
Cost of Living
$3,617
Discretionary Income
$3,111
With a gross annual salary of $100,000 in Milwaukee, WI, a couple would need to deduct approximately $1,605 per month for taxes. Considering the average cost of living in Milwaukee is $3,617, couples would have around $3,111 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Milwaukee, WI, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Milwaukee, WI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Milwaukee, WI |
|---|---|
| $30,000 | -$1,385 |
| $40,000 | -$693 |
| $50,000 | -$2 |
| $60,000 | $678 |
| $70,000 | $1,286 |
| $80,000 | $1,895 |
| $90,000 | $2,503 |
| $100,000 | $3,111 |
| $110,000 | $3,718 |
| $120,000 | $4,310 |
| $130,000 | $4,902 |
| $140,000 | $5,493 |
| $150,000 | $6,085 |
| $175,000 | $7,564 |
| $200,000 | $9,016 |
| $250,000 | $11,629 |
| $300,000 | $14,129 |
| $350,000 | $16,629 |
| $400,000 | $19,064 |
| $450,000 | $21,480 |
| $500,000 | $23,897 |
Discretionary Income in Milwaukee, WI 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
Milwaukee, WI is ranked 167th 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 Milwaukee, WI
Gross Salary
$8,333
Taxes
$1,344
Cost of Living
$3,583
Discretionary Income
$3,406
With a gross annual salary of $100,000 in Milwaukee, WI, a single parent would need to deduct approximately $1,344 per month for taxes. Considering the average cost of living in Milwaukee is $3,583, single parents would have around $3,406 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Milwaukee, WI, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Milwaukee, WI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Milwaukee, WI |
|---|---|
| $30,000 | -$1,285 |
| $40,000 | -$582 |
| $50,000 | $109 |
| $60,000 | $801 |
| $70,000 | $1,493 |
| $80,000 | $2,184 |
| $90,000 | $2,798 |
| $100,000 | $3,406 |
| $110,000 | $4,015 |
| $120,000 | $4,617 |
| $130,000 | $5,208 |
| $140,000 | $5,800 |
| $150,000 | $6,392 |
| $175,000 | $7,871 |
| $200,000 | $9,350 |
| $250,000 | $11,994 |
| $300,000 | $14,499 |
| $350,000 | $16,999 |
| $400,000 | $19,499 |
| $450,000 | $21,999 |
| $500,000 | $24,499 |
Discretionary Income in Milwaukee, WI 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
Milwaukee, WI is ranked 166th 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 Milwaukee, WI
Gross Salary
$8,333
Taxes
$1,103
Cost of Living
$5,063
Discretionary Income
$2,167
With a gross annual salary of $100,000 in Milwaukee, WI, a family would need to deduct approximately $1,103 per month for taxes. Considering the average cost of living in Milwaukee is $5,063, families would have around $2,167 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Milwaukee, WI, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Milwaukee, WI in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Milwaukee, WI |
|---|---|
| $30,000 | -$2,707 |
| $40,000 | -$1,999 |
| $50,000 | -$1,291 |
| $60,000 | -$600 |
| $70,000 | $92 |
| $80,000 | $784 |
| $90,000 | $1,475 |
| $100,000 | $2,167 |
| $110,000 | $2,859 |
| $120,000 | $3,527 |
| $130,000 | $4,135 |
| $140,000 | $4,743 |
| $150,000 | $5,352 |
| $175,000 | $6,872 |
| $200,000 | $8,393 |
| $250,000 | $11,382 |
| $300,000 | $14,341 |
| $350,000 | $17,299 |
| $400,000 | $20,203 |
| $450,000 | $22,828 |
| $500,000 | $25,429 |