Discretionary Income in Louisville, KY 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
Louisville, KY is ranked 99th 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 Louisville, KY
Gross Salary
$8,333
Taxes
$1,522
Cost of Living
$3,480
Discretionary Income
$3,332
With a gross annual salary of $100,000 in Louisville, KY, you would need to deduct approximately $1,522 per month for taxes. Given that the average cost of living in Louisville is $3,480, you would have around $3,332 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Louisville, KY, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Louisville, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Louisville, KY |
|---|---|
| $30,000 | -$1,223 |
| $40,000 | -$523 |
| $50,000 | $177 |
| $60,000 | $865 |
| $70,000 | $1,482 |
| $80,000 | $2,099 |
| $90,000 | $2,715 |
| $100,000 | $3,332 |
| $110,000 | $3,947 |
| $120,000 | $4,547 |
| $130,000 | $5,147 |
| $140,000 | $5,747 |
| $150,000 | $6,347 |
| $175,000 | $7,847 |
| $200,000 | $9,320 |
| $250,000 | $11,975 |
| $300,000 | $14,516 |
| $350,000 | $17,058 |
| $400,000 | $19,600 |
| $450,000 | $22,141 |
| $500,000 | $24,683 |
Discretionary Income in Louisville, KY 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
Louisville, KY is ranked 105th 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 Louisville, KY
Gross Salary
$8,333
Taxes
$1,522
Cost of Living
$2,308
Discretionary Income
$4,504
With a gross annual salary of $100,000 in Louisville, KY, a single person would need to deduct approximately $1,522 per month for taxes. Considering the average cost of living in Louisville is $2,308, singles would have around $4,504 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Louisville, KY, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Louisville, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Louisville, KY |
|---|---|
| $30,000 | -$51 |
| $40,000 | $649 |
| $50,000 | $1,349 |
| $60,000 | $2,037 |
| $70,000 | $2,654 |
| $80,000 | $3,270 |
| $90,000 | $3,887 |
| $100,000 | $4,504 |
| $110,000 | $5,119 |
| $120,000 | $5,719 |
| $130,000 | $6,319 |
| $140,000 | $6,919 |
| $150,000 | $7,519 |
| $175,000 | $9,019 |
| $200,000 | $10,492 |
| $250,000 | $13,146 |
| $300,000 | $15,688 |
| $350,000 | $18,230 |
| $400,000 | $20,771 |
| $450,000 | $23,313 |
| $500,000 | $25,855 |
Discretionary Income in Louisville, KY 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
Louisville, KY is ranked 88th 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 Louisville, KY
Gross Salary
$8,333
Taxes
$1,522
Cost of Living
$3,425
Discretionary Income
$3,386
With a gross annual salary of $100,000 in Louisville, KY, a couple would need to deduct approximately $1,522 per month for taxes. Considering the average cost of living in Louisville is $3,425, couples would have around $3,386 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Louisville, KY, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Louisville, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Louisville, KY |
|---|---|
| $30,000 | -$1,169 |
| $40,000 | -$469 |
| $50,000 | $231 |
| $60,000 | $919 |
| $70,000 | $1,536 |
| $80,000 | $2,153 |
| $90,000 | $2,769 |
| $100,000 | $3,386 |
| $110,000 | $4,002 |
| $120,000 | $4,602 |
| $130,000 | $5,202 |
| $140,000 | $5,802 |
| $150,000 | $6,402 |
| $175,000 | $7,902 |
| $200,000 | $9,375 |
| $250,000 | $12,029 |
| $300,000 | $14,571 |
| $350,000 | $17,112 |
| $400,000 | $19,588 |
| $450,000 | $22,047 |
| $500,000 | $24,505 |
Discretionary Income in Louisville, KY 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
Louisville, KY is ranked 113th 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 more money left in your pocket compared to other cities.
Monthly Discretionary Income for Renters in Louisville, KY
Gross Salary
$8,333
Taxes
$1,260
Cost of Living
$3,425
Discretionary Income
$3,648
With a gross annual salary of $100,000 in Louisville, KY, a single parent would need to deduct approximately $1,260 per month for taxes. Considering the average cost of living in Louisville is $3,425, single parents would have around $3,648 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Louisville, KY, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Louisville, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Louisville, KY |
|---|---|
| $30,000 | -$1,101 |
| $40,000 | -$391 |
| $50,000 | $309 |
| $60,000 | $1,009 |
| $70,000 | $1,709 |
| $80,000 | $2,409 |
| $90,000 | $3,032 |
| $100,000 | $3,648 |
| $110,000 | $4,265 |
| $120,000 | $4,875 |
| $130,000 | $5,475 |
| $140,000 | $6,075 |
| $150,000 | $6,675 |
| $175,000 | $8,175 |
| $200,000 | $9,675 |
| $250,000 | $12,361 |
| $300,000 | $14,908 |
| $350,000 | $17,450 |
| $400,000 | $19,991 |
| $450,000 | $22,533 |
| $500,000 | $25,075 |
Discretionary Income in Louisville, KY 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
Louisville, KY is ranked 95th 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 Louisville, KY
Gross Salary
$8,333
Taxes
$1,020
Cost of Living
$4,761
Discretionary Income
$2,553
With a gross annual salary of $100,000 in Louisville, KY, a family would need to deduct approximately $1,020 per month for taxes. Considering the average cost of living in Louisville is $4,761, families would have around $2,553 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Louisville, KY, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Louisville, KY in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Louisville, KY |
|---|---|
| $30,000 | -$2,380 |
| $40,000 | -$1,663 |
| $50,000 | -$947 |
| $60,000 | -$247 |
| $70,000 | $453 |
| $80,000 | $1,153 |
| $90,000 | $1,853 |
| $100,000 | $2,553 |
| $110,000 | $3,253 |
| $120,000 | $3,929 |
| $130,000 | $4,546 |
| $140,000 | $5,163 |
| $150,000 | $5,779 |
| $175,000 | $7,321 |
| $200,000 | $8,863 |
| $250,000 | $11,893 |
| $300,000 | $14,893 |
| $350,000 | $17,893 |
| $400,000 | $20,839 |
| $450,000 | $23,506 |
| $500,000 | $26,148 |
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.