Discretionary Income in Durham, 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
Durham, NC is ranked 155th 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 Durham, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$3,686
Discretionary Income
$3,084
With a gross annual salary of $100,000 in Durham, NC, you would need to deduct approximately $1,563 per month for taxes. Given that the average cost of living in Durham is $3,686, you would have around $3,084 remaining in your pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Durham, NC, regardless of household composition or number of income earners.
Salary and Discretionary Income Per Gross Salary Level in Durham, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Durham, NC |
|---|---|
| $30,000 | -$1,442 |
| $40,000 | -$746 |
| $50,000 | -$50 |
| $60,000 | $634 |
| $70,000 | $1,246 |
| $80,000 | $1,859 |
| $90,000 | $2,471 |
| $100,000 | $3,084 |
| $110,000 | $3,695 |
| $120,000 | $4,291 |
| $130,000 | $4,887 |
| $140,000 | $5,482 |
| $150,000 | $6,078 |
| $175,000 | $7,568 |
| $200,000 | $9,030 |
| $250,000 | $11,664 |
| $300,000 | $14,185 |
| $350,000 | $16,706 |
| $400,000 | $19,227 |
| $450,000 | $21,747 |
| $500,000 | $24,268 |
Discretionary Income in Durham, 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
Durham, NC is ranked 181st 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 Durham, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$2,509
Discretionary Income
$4,260
With a gross annual salary of $100,000 in Durham, NC, a single person would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Durham is $2,509, singles would have around $4,260 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Durham, NC, assuming that the gross salary is earned by a single person.
Salary and Discretionary Income Per Gross Salary Level in Durham, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Durham, NC |
|---|---|
| $30,000 | -$265 |
| $40,000 | $431 |
| $50,000 | $1,127 |
| $60,000 | $1,810 |
| $70,000 | $2,423 |
| $80,000 | $3,035 |
| $90,000 | $3,648 |
| $100,000 | $4,260 |
| $110,000 | $4,872 |
| $120,000 | $5,468 |
| $130,000 | $6,063 |
| $140,000 | $6,659 |
| $150,000 | $7,255 |
| $175,000 | $8,745 |
| $200,000 | $10,207 |
| $250,000 | $12,841 |
| $300,000 | $15,362 |
| $350,000 | $17,882 |
| $400,000 | $20,403 |
| $450,000 | $22,924 |
| $500,000 | $25,445 |
Discretionary Income in Durham, 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
Durham, NC is ranked 166th 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 Durham, NC
Gross Salary
$8,333
Taxes
$1,563
Cost of Living
$3,722
Discretionary Income
$3,048
With a gross annual salary of $100,000 in Durham, NC, a couple would need to deduct approximately $1,563 per month for taxes. Considering the average cost of living in Durham is $3,722, couples would have around $3,048 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Durham, NC, assuming that the gross salary is earned by a couple.
Salary and Discretionary Income Per Gross Salary Level in Durham, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Durham, NC |
|---|---|
| $30,000 | -$1,477 |
| $40,000 | -$782 |
| $50,000 | -$86 |
| $60,000 | $598 |
| $70,000 | $1,211 |
| $80,000 | $1,823 |
| $90,000 | $2,436 |
| $100,000 | $3,048 |
| $110,000 | $3,659 |
| $120,000 | $4,255 |
| $130,000 | $4,851 |
| $140,000 | $5,447 |
| $150,000 | $6,043 |
| $175,000 | $7,532 |
| $200,000 | $8,995 |
| $250,000 | $11,629 |
| $300,000 | $14,149 |
| $350,000 | $16,670 |
| $400,000 | $19,126 |
| $450,000 | $21,563 |
| $500,000 | $24,001 |
Discretionary Income in Durham, 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
Durham, NC is ranked 154th 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 Durham, NC
Gross Salary
$8,333
Taxes
$1,302
Cost of Living
$3,567
Discretionary Income
$3,464
With a gross annual salary of $100,000 in Durham, NC, a single parent would need to deduct approximately $1,302 per month for taxes. Considering the average cost of living in Durham is $3,567, single parents would have around $3,464 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Durham, NC, assuming that the gross salary is earned by a single parent.
Salary and Discretionary Income Per Gross Salary Level in Durham, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Durham, NC |
|---|---|
| $30,000 | -$1,256 |
| $40,000 | -$549 |
| $50,000 | $146 |
| $60,000 | $842 |
| $70,000 | $1,538 |
| $80,000 | $2,234 |
| $90,000 | $2,852 |
| $100,000 | $3,464 |
| $110,000 | $4,077 |
| $120,000 | $4,683 |
| $130,000 | $5,279 |
| $140,000 | $5,875 |
| $150,000 | $6,470 |
| $175,000 | $7,960 |
| $200,000 | $9,450 |
| $250,000 | $12,115 |
| $300,000 | $14,641 |
| $350,000 | $17,161 |
| $400,000 | $19,682 |
| $450,000 | $22,203 |
| $500,000 | $24,724 |
Discretionary Income in Durham, 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
Durham, NC is ranked 134th 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 Durham, NC
Gross Salary
$8,333
Taxes
$1,061
Cost of Living
$4,947
Discretionary Income
$2,325
With a gross annual salary of $100,000 in Durham, NC, a family would need to deduct approximately $1,061 per month for taxes. Considering the average cost of living in Durham is $4,947, families would have around $2,325 remaining in their pocket each month after expenses.
The following table calculates the expected Discretionary Income for each salary bracket in Durham, NC, assuming that the gross salary is earned by the family head(s).
Salary and Discretionary Income Per Gross Salary Level in Durham, NC in 2024
| Gross Annual Salary | Estimated Monthly Discretionary Income in Durham, NC |
|---|---|
| $30,000 | -$2,578 |
| $40,000 | -$1,866 |
| $50,000 | -$1,154 |
| $60,000 | -$458 |
| $70,000 | $238 |
| $80,000 | $934 |
| $90,000 | $1,629 |
| $100,000 | $2,325 |
| $110,000 | $3,021 |
| $120,000 | $3,693 |
| $130,000 | $4,306 |
| $140,000 | $4,918 |
| $150,000 | $5,531 |
| $175,000 | $7,062 |
| $200,000 | $8,593 |
| $250,000 | $11,603 |
| $300,000 | $14,582 |
| $350,000 | $17,561 |
| $400,000 | $20,487 |
| $450,000 | $23,132 |
| $500,000 | $25,754 |
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.