Paycheck Atlas

Is $40k a good salary in Springfield, IL?

tight A $40k salary is 47% below the median household income here ($75,895). After tax you take home about $2,695 a month, and median rent ($979) takes 36% of that.

$32,340 take-home a year
Gross pay$40,000
Federal income tax−$2,620
Social Security + Medicare−$3,060
Illinois income tax (approx.)−$1,980
Monthly take-home$2,695
Every two weeks$1,244
$43,129What $40k buys in Springfield, IL, expressed in average-US prices (price level 92.7).
36%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $40k in Springfield, IL

Other salaries in Springfield, IL

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.