Discretionary Income in West Palm Beach, FL 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
West Palm Beach, FL is ranked 192nd 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 West Palm Beach, FL
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,231
Discretionary Income
$2,914
With a gross annual salary of $100,000 in West Palm Beach, FL, you would need to deduct approximately $1,188 per month for taxes. Given that the average cost of living in West Palm Beach is $4,231, you would have around $2,914 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Palm Beach, FL, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in West Palm Beach, FL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Palm Beach, FL |
|---|---|
| $30,000 | -$1,874 |
| $40,000 | -$1,141 |
| $50,000 | -$407 |
| $60,000 | $314 |
| $70,000 | $964 |
| $80,000 | $1,614 |
| $90,000 | $2,264 |
| $100,000 | $2,914 |
| $110,000 | $3,563 |
| $120,000 | $4,196 |
| $130,000 | $4,830 |
| $140,000 | $5,463 |
| $150,000 | $6,096 |
| $175,000 | $7,680 |
| $200,000 | $9,236 |
| $250,000 | $12,057 |
| $300,000 | $14,765 |
| $350,000 | $17,474 |
| $400,000 | $20,182 |
| $450,000 | $22,890 |
| $500,000 | $25,599 |
Discretionary Income in West Palm Beach, FL 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
West Palm Beach, FL is ranked 150th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in West Palm Beach, FL
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$2,771
Discretionary Income
$4,373
With a gross annual salary of $100,000 in West Palm Beach, FL, a single person would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in West Palm Beach is $2,771, singles would have around $4,373 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Palm Beach, FL, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in West Palm Beach, FL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Palm Beach, FL |
|---|---|
| $30,000 | -$415 |
| $40,000 | $319 |
| $50,000 | $1,052 |
| $60,000 | $1,773 |
| $70,000 | $2,423 |
| $80,000 | $3,073 |
| $90,000 | $3,723 |
| $100,000 | $4,373 |
| $110,000 | $5,022 |
| $120,000 | $5,656 |
| $130,000 | $6,289 |
| $140,000 | $6,922 |
| $150,000 | $7,556 |
| $175,000 | $9,139 |
| $200,000 | $10,695 |
| $250,000 | $13,516 |
| $300,000 | $16,225 |
| $350,000 | $18,933 |
| $400,000 | $21,641 |
| $450,000 | $24,350 |
| $500,000 | $27,058 |
Discretionary Income in West Palm Beach, FL 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
West Palm Beach, FL is ranked 183rd 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 West Palm Beach, FL
Gross Salary
$8,333
Taxes
$1,188
Cost of Living
$4,167
Discretionary Income
$2,977
With a gross annual salary of $100,000 in West Palm Beach, FL, a couple would need to deduct approximately $1,188 per month for taxes. Considering the average cost of living in West Palm Beach is $4,167, couples would have around $2,977 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Palm Beach, FL, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in West Palm Beach, FL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Palm Beach, FL |
|---|---|
| $30,000 | -$1,811 |
| $40,000 | -$1,077 |
| $50,000 | -$344 |
| $60,000 | $377 |
| $70,000 | $1,027 |
| $80,000 | $1,677 |
| $90,000 | $2,327 |
| $100,000 | $2,977 |
| $110,000 | $3,626 |
| $120,000 | $4,260 |
| $130,000 | $4,893 |
| $140,000 | $5,526 |
| $150,000 | $6,160 |
| $175,000 | $7,743 |
| $200,000 | $9,299 |
| $250,000 | $12,120 |
| $300,000 | $14,829 |
| $350,000 | $17,537 |
| $400,000 | $20,180 |
| $450,000 | $22,805 |
| $500,000 | $25,430 |
Discretionary Income in West Palm Beach, FL 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
West Palm Beach, FL is ranked 196th 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 West Palm Beach, FL
Gross Salary
$8,333
Taxes
$927
Cost of Living
$4,149
Discretionary Income
$3,258
With a gross annual salary of $100,000 in West Palm Beach, FL, a single parent would need to deduct approximately $927 per month for taxes. Considering the average cost of living in West Palm Beach is $4,149, single parents would have around $3,258 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Palm Beach, FL, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in West Palm Beach, FL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Palm Beach, FL |
|---|---|
| $30,000 | -$1,725 |
| $40,000 | -$981 |
| $50,000 | -$248 |
| $60,000 | $486 |
| $70,000 | $1,219 |
| $80,000 | $1,952 |
| $90,000 | $2,608 |
| $100,000 | $3,258 |
| $110,000 | $3,908 |
| $120,000 | $4,551 |
| $130,000 | $5,185 |
| $140,000 | $5,818 |
| $150,000 | $6,451 |
| $175,000 | $8,035 |
| $200,000 | $9,618 |
| $250,000 | $12,471 |
| $300,000 | $15,184 |
| $350,000 | $17,892 |
| $400,000 | $20,601 |
| $450,000 | $23,309 |
| $500,000 | $26,017 |
Discretionary Income in West Palm Beach, FL 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
West Palm Beach, FL is ranked 220th 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 West Palm Beach, FL
Gross Salary
$8,333
Taxes
$686
Cost of Living
$5,836
Discretionary Income
$1,811
With a gross annual salary of $100,000 in West Palm Beach, FL, a family would need to deduct approximately $686 per month for taxes. Considering the average cost of living in West Palm Beach is $5,836, families would have around $1,811 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in West Palm Beach, FL, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in West Palm Beach, FL in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in West Palm Beach, FL |
|---|---|
| $30,000 | -$3,355 |
| $40,000 | -$2,605 |
| $50,000 | -$1,855 |
| $60,000 | -$1,122 |
| $70,000 | -$389 |
| $80,000 | $345 |
| $90,000 | $1,078 |
| $100,000 | $1,811 |
| $110,000 | $2,545 |
| $120,000 | $3,254 |
| $130,000 | $3,904 |
| $140,000 | $4,554 |
| $150,000 | $5,204 |
| $175,000 | $6,829 |
| $200,000 | $8,454 |
| $250,000 | $11,652 |
| $300,000 | $14,818 |
| $350,000 | $17,985 |
| $400,000 | $21,098 |
| $450,000 | $23,931 |
| $500,000 | $26,740 |
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.