A six figure salary sounds like a lot of money – and it is. Just how much you will actually have at your disposal, however, varies based on where you live. Here's how much of $100,000 one calculation finds Alabamians can bring home.
A six figure salary sounds like a lot of money – and it is. Just how much you will actually have at your disposal, however, varies based on where you live.
Federal taxes take a bite into that $100,000 as does FICA deductions, social security taxes, and depending on where you live, state and local taxes. To determine how much of a $100,000 salary really looks like in each state,pulled data from federal and state tax brackets using information from the Tax Foundation. The site then used an income tax calculator to find both effective and marginal tax rate on income of $100,000 for a person filing taxes as a single person and for a married couple.
The amounts shown don’t include deductions for things like health insurance, so the actual amount brought home is likely lower.If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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