Discretionary Income in Charlotte, NC 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
Charlotte, NC is ranked 227th 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 Charlotte, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$4,086
Discretionary Income
$2,684
With a gross annual salary of $100,000 in Charlotte, NC, you would need to deduct approximately $1,563 per month for taxes. Given that the average cost of living in Charlotte is $4,086, you would have around $2,684 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charlotte, NC, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Charlotte, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charlotte, NC |
|---|---|
| $30,000 | -$1,842 |
| $40,000 | -$1,146 |
| $50,000 | -$450 |
| $60,000 | $234 |
| $70,000 | $846 |
| $80,000 | $1,459 |
| $90,000 | $2,071 |
| $100,000 | $2,684 |
| $110,000 | $3,295 |
| $120,000 | $3,891 |
| $130,000 | $4,486 |
| $140,000 | $5,082 |
| $150,000 | $5,678 |
| $175,000 | $7,168 |
| $200,000 | $8,630 |
| $250,000 | $11,264 |
| $300,000 | $13,785 |
| $350,000 | $16,306 |
| $400,000 | $18,826 |
| $450,000 | $21,347 |
| $500,000 | $23,868 |
Discretionary Income in Charlotte, NC 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
Charlotte, NC is ranked 224th 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 Charlotte, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$2,722
Discretionary Income
$4,048
With a gross annual salary of $100,000 in Charlotte, NC, a single person would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Charlotte is $2,722, singles would have around $4,048 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charlotte, NC, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Charlotte, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charlotte, NC |
|---|---|
| $30,000 | -$477 |
| $40,000 | $219 |
| $50,000 | $914 |
| $60,000 | $1,598 |
| $70,000 | $2,211 |
| $80,000 | $2,823 |
| $90,000 | $3,436 |
| $100,000 | $4,048 |
| $110,000 | $4,660 |
| $120,000 | $5,255 |
| $130,000 | $5,851 |
| $140,000 | $6,447 |
| $150,000 | $7,043 |
| $175,000 | $8,532 |
| $200,000 | $9,995 |
| $250,000 | $12,629 |
| $300,000 | $15,149 |
| $350,000 | $17,670 |
| $400,000 | $20,191 |
| $450,000 | $22,712 |
| $500,000 | $25,233 |
Discretionary Income in Charlotte, NC 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
Charlotte, NC is ranked 228th 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 Charlotte, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$4,084
Discretionary Income
$2,686
With a gross annual salary of $100,000 in Charlotte, NC, a couple would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Charlotte is $4,084, couples would have around $2,686 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charlotte, NC, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Charlotte, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charlotte, NC |
|---|---|
| $30,000 | -$1,840 |
| $40,000 | -$1,144 |
| $50,000 | -$448 |
| $60,000 | $236 |
| $70,000 | $849 |
| $80,000 | $1,461 |
| $90,000 | $2,074 |
| $100,000 | $2,686 |
| $110,000 | $3,297 |
| $120,000 | $3,893 |
| $130,000 | $4,489 |
| $140,000 | $5,085 |
| $150,000 | $5,681 |
| $175,000 | $7,170 |
| $200,000 | $8,633 |
| $250,000 | $11,266 |
| $300,000 | $13,787 |
| $350,000 | $16,308 |
| $400,000 | $18,763 |
| $450,000 | $21,201 |
| $500,000 | $23,638 |
Discretionary Income in Charlotte, NC 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
Charlotte, NC is ranked 220th 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 Charlotte, NC
Gross Salary
$8,333
Taxes
$1,302
Cost of Living
$3,923
Discretionary Income
$3,109
With a gross annual salary of $100,000 in Charlotte, NC, a single parent would need to deduct approximately $1,302 per month for taxes. Considering the average cost of living in Charlotte is $3,923, single parents would have around $3,109 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charlotte, NC, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Charlotte, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charlotte, NC |
|---|---|
| $30,000 | -$1,612 |
| $40,000 | -$905 |
| $50,000 | -$209 |
| $60,000 | $487 |
| $70,000 | $1,182 |
| $80,000 | $1,878 |
| $90,000 | $2,496 |
| $100,000 | $3,109 |
| $110,000 | $3,721 |
| $120,000 | $4,327 |
| $130,000 | $4,923 |
| $140,000 | $5,519 |
| $150,000 | $6,115 |
| $175,000 | $7,604 |
| $200,000 | $9,094 |
| $250,000 | $11,759 |
| $300,000 | $14,285 |
| $350,000 | $16,806 |
| $400,000 | $19,327 |
| $450,000 | $21,847 |
| $500,000 | $24,368 |
Discretionary Income in Charlotte, NC 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
Charlotte, NC is ranked 235th 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 Charlotte, NC
Gross Salary
$8,333
Taxes
$1,061
Cost of Living
$5,617
Discretionary Income
$1,655
With a gross annual salary of $100,000 in Charlotte, NC, a family would need to deduct approximately $1,061 per month for taxes. Considering the average cost of living in Charlotte is $5,617, families would have around $1,655 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Charlotte, NC, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Charlotte, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Charlotte, NC |
|---|---|
| $30,000 | -$3,249 |
| $40,000 | -$2,537 |
| $50,000 | -$1,825 |
| $60,000 | -$1,129 |
| $70,000 | -$433 |
| $80,000 | $263 |
| $90,000 | $959 |
| $100,000 | $1,655 |
| $110,000 | $2,350 |
| $120,000 | $3,023 |
| $130,000 | $3,635 |
| $140,000 | $4,248 |
| $150,000 | $4,860 |
| $175,000 | $6,391 |
| $200,000 | $7,923 |
| $250,000 | $10,932 |
| $300,000 | $13,912 |
| $350,000 | $16,891 |
| $400,000 | $19,816 |
| $450,000 | $22,462 |
| $500,000 | $25,083 |
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.