Americans said on average they'd need a salary of roughly $233,000 a year to feel financially secure

7/20/2023

Americans said on average they'd need a salary of roughly $233,000 a year to feel financially secure, per CNN.

Meanwhile, in New York City, a $100,000 salary feels like $36,000, per Bloomberg.

New York ranked last, with take-home pay of $35,791.

Tennessee, took the No. 1 spot on SmartAsset’s list, with $86,444 in take-home pay after taxes and adjusting for cost of living.

“I think it’s intuitive: $100,000, a six-figure income — it feels like this big milestone, but it also feels very different depending on where you live,” said Susannah Snider, a financial planner and the managing editor of financial education at SmartAsset. “But to really break it down city-by-city reveals some of the quirks in what a difference where you live makes — and how the tax landscape of where you live really impacts what a six-figure salary feels like.”

Read Bloomberg article on it: https://www.bloomberg.com/news/articles/2023-03-15/new-york-city-prices-make-100-000-salary-feel-like-35-000#:~:text=In New York City%2C that,consumer-focused financial information provider.

Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.

Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.

The Blubber

Trump has told Walmart, $WMT, to 'eat the tariffs' instead of raising prices

Moody’s downgrades US credit rating to Aa1 from Aaa

YouTube, GOOGL, viewers will start seeing ads after ‘peak’ moments in videos

CEOs say that just a fraction of AI initiatives are actually delivering the return on investment they expected

Stay Updated