Discretionary Income in Downey, CA 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
Downey, CA is ranked 276th 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 Downey, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$4,569
Discretionary Income
$2,087
With a gross annual salary of $100,000 in Downey, CA, you would need to deduct approximately $1,677 per month for taxes. Given that the average cost of living in Downey is $4,569, you would have around $2,087 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Downey, CA, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Downey, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Downey, CA |
|---|---|
| $30,000 | -$2,263 |
| $40,000 | -$1,564 |
| $50,000 | -$881 |
| $60,000 | -$219 |
| $70,000 | $362 |
| $80,000 | $937 |
| $90,000 | $1,512 |
| $100,000 | $2,087 |
| $110,000 | $2,661 |
| $120,000 | $3,220 |
| $130,000 | $3,778 |
| $140,000 | $4,336 |
| $150,000 | $4,895 |
| $175,000 | $6,290 |
| $200,000 | $7,659 |
| $250,000 | $10,105 |
| $300,000 | $12,439 |
| $350,000 | $14,771 |
| $400,000 | $17,063 |
| $450,000 | $19,329 |
| $500,000 | $21,579 |
Discretionary Income in Downey, CA 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
Downey, CA is ranked 281st 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 Downey, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$3,072
Discretionary Income
$3,584
With a gross annual salary of $100,000 in Downey, CA, a single person would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Downey is $3,072, singles would have around $3,584 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Downey, CA, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Downey, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Downey, CA |
|---|---|
| $30,000 | -$766 |
| $40,000 | -$67 |
| $50,000 | $616 |
| $60,000 | $1,277 |
| $70,000 | $1,859 |
| $80,000 | $2,434 |
| $90,000 | $3,009 |
| $100,000 | $3,584 |
| $110,000 | $4,158 |
| $120,000 | $4,716 |
| $130,000 | $5,275 |
| $140,000 | $5,833 |
| $150,000 | $6,391 |
| $175,000 | $7,787 |
| $200,000 | $9,156 |
| $250,000 | $11,602 |
| $300,000 | $13,936 |
| $350,000 | $16,268 |
| $400,000 | $18,560 |
| $450,000 | $20,826 |
| $500,000 | $23,076 |
Discretionary Income in Downey, CA 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
Downey, CA is ranked 280th 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 Downey, CA
Gross Salary
$8,333
Taxes
$1,677
Cost of Living
$4,598
Discretionary Income
$2,059
With a gross annual salary of $100,000 in Downey, CA, a couple would need to deduct approximately $1,677 per month for taxes. Considering the average cost of living in Downey is $4,598, couples would have around $2,059 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Downey, CA, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Downey, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Downey, CA |
|---|---|
| $30,000 | -$2,291 |
| $40,000 | -$1,593 |
| $50,000 | -$910 |
| $60,000 | -$248 |
| $70,000 | $334 |
| $80,000 | $909 |
| $90,000 | $1,484 |
| $100,000 | $2,059 |
| $110,000 | $2,632 |
| $120,000 | $3,191 |
| $130,000 | $3,749 |
| $140,000 | $4,307 |
| $150,000 | $4,866 |
| $175,000 | $6,262 |
| $200,000 | $7,630 |
| $250,000 | $10,077 |
| $300,000 | $12,410 |
| $350,000 | $14,742 |
| $400,000 | $16,969 |
| $450,000 | $19,151 |
| $500,000 | $21,318 |
Discretionary Income in Downey, CA 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
Downey, CA is ranked 275th 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 Downey, CA
Gross Salary
$8,333
Taxes
$1,415
Cost of Living
$4,428
Discretionary Income
$2,490
With a gross annual salary of $100,000 in Downey, CA, a single parent would need to deduct approximately $1,415 per month for taxes. Considering the average cost of living in Downey is $4,428, single parents would have around $2,490 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Downey, CA, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Downey, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Downey, CA |
|---|---|
| $30,000 | -$2,055 |
| $40,000 | -$1,346 |
| $50,000 | -$662 |
| $60,000 | $11 |
| $70,000 | $676 |
| $80,000 | $1,335 |
| $90,000 | $1,915 |
| $100,000 | $2,490 |
| $110,000 | $3,065 |
| $120,000 | $3,634 |
| $130,000 | $4,192 |
| $140,000 | $4,750 |
| $150,000 | $5,309 |
| $175,000 | $6,705 |
| $200,000 | $8,100 |
| $250,000 | $10,578 |
| $300,000 | $12,916 |
| $350,000 | $15,249 |
| $400,000 | $17,541 |
| $450,000 | $19,807 |
| $500,000 | $22,057 |
Discretionary Income in Downey, CA 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
Downey, CA is ranked 269th 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 Downey, CA
Gross Salary
$8,333
Taxes
$957
Cost of Living
$6,179
Discretionary Income
$1,198
With a gross annual salary of $100,000 in Downey, CA, a family would need to deduct approximately $957 per month for taxes. Considering the average cost of living in Downey is $6,179, families would have around $1,198 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Downey, CA, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Downey, CA in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Downey, CA |
|---|---|
| $30,000 | -$3,731 |
| $40,000 | -$2,997 |
| $50,000 | -$2,265 |
| $60,000 | -$1,565 |
| $70,000 | -$865 |
| $80,000 | -$169 |
| $90,000 | $514 |
| $100,000 | $1,198 |
| $110,000 | $1,878 |
| $120,000 | $2,521 |
| $130,000 | $3,104 |
| $140,000 | $3,685 |
| $150,000 | $4,260 |
| $175,000 | $5,697 |
| $200,000 | $7,135 |
| $250,000 | $9,957 |
| $300,000 | $12,749 |
| $350,000 | $15,541 |
| $400,000 | $18,278 |
| $450,000 | $20,737 |
| $500,000 | $23,170 |
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.