Paycheck Atlas

Is $40k a good salary in Milwaukee, WI?

tight A $40k salary is 49% below the median household income here ($78,218). After tax you take home about $2,683 a month, and median rent ($1,139) takes 42% 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
$41,264What $40k buys in Milwaukee, WI, expressed in average-US prices (price level 96.9).
42%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $40k in Milwaukee, WI

Other salaries in Milwaukee, WI

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.