What is considered a good salary in GA?

In Georgia, your household income would need to be at least $122,832, which is the 21st highest in the nation. Want to be in the 5\%? You’ll need to get a raise to at least $233,979, which is 19th highest in the country.

Is 120k a good salary in Atlanta?

A $120k salary in the Atlanta area is very good; it would certainly be enough for a medium wealth house in the richer areas of metropolitan Atlanta, and would eventually be enough for a mansion sized home after a few promotions. Food prices easily match that kind of salary.

What is a livable salary in Georgia?

Living Wage Calculation for Georgia

	1 ADULT	2 ADULTS (1 WORKING)
	0 Children	2 Children
Living Wage	$15.36	$32.23
Poverty Wage	$6.13	$12.60
Minimum Wage	$7.25	$7.25

What is middle class income in GA?

Georgia’s household income range for the middle class is $23,948 – $114,234. The state’s median family income is the 18th lowest in the country at $74,833. The Peach States has the 7th lowest middle-class share of income in the nation at 45.4\%.

What is middle class Atlanta?

In Atlanta, for example, middle class income is defined as between $48,000 and $141,000. In New York City, a middle class income is considered between $61,000 and $180,000 for a household of three.

What is Georgia middle income?

Georgia’s household income range for the middle class is $23,948 – $114,234. The state’s median family income is the 18th lowest in the country at $74,833.

How much federal tax will I pay on a $120K salary?

You will pay $19,809.00 in Federal Tax on a $120,000.00 salary in 2021. How did we calculate Federal Tax paid on $120,000.00? How much Idaho State Tax should I pay on $120,000.00?

How much $120K a year is per month?

This is useful if you want to know $120k a years is how much an hour (Answer is $61.95, assuming you work roughly 40 hours per week) or you may want to know how much $120k a year is per month after taxes (Answer is $6,926.78 in this example, remember you can edit these figures to produce your own detailed tax calculation)

How much money do you need to support a family?

All data from MIT’s Living Wage calculator. Depending on where you live in the United States, the amount you need to make to get by and support a family can vary by a lot. While a household of two adults and two children can manage on less than $60,000 a year in Tennessee, for example, it takes at least $88,000 a year to make ends meet in New York.

What is the average income of a family in Arkansas?

47. Arkansas. 2-person family middle-class income range: $35,087.23 to $104,738. 3-person family middle-class income range: $38,855.31 to $115,986