Is $40k a good salary in Madison, WI?
tight A $40k salary is 55% below the median household income here ($88,804). After tax you take home about $2,683 a month, and median rent ($1,354) takes 50% of that.
$32,200 take-home a year
| Gross pay | $40,000 |
| Federal income tax | −$2,620 |
| Social Security + Medicare | −$3,060 |
| Wisconsin income tax (approx.) | −$2,120 |
| Monthly take-home | $2,683 |
| Every two weeks | $1,238 |
$41,115What $40k buys in Madison, WI, expressed in average-US prices (price level 97.3).
50%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.
Jobs that pay about $40k in Madison, WI
- Home Health and Personal Care Aides $37,220
- Janitors and Cleaners, Except Maids and Housekeeping Cleaners $39,680
- Stockers and Order Fillers $36,710
- Teaching Assistants, Except Postsecondary $39,640
- Cooks, Restaurant $38,440
- Receptionists and Information Clerks $43,600
- Food Preparation Workers $36,940
- Preschool Teachers, Except Special Education $38,090
Other salaries in Madison, WI
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Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.