Paycheck Atlas

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

tight A $40k salary is 44% below the median household income here ($71,306). After tax you take home about $2,693 a month, and median rent ($1,136) takes 42% of that.

$32,320 take-home a year
Gross pay$40,000
Federal income tax−$2,620
Social Security + Medicare−$3,060
Massachusetts income tax (approx.)−$2,000
Monthly take-home$2,693
Every two weeks$1,243
$41,640What $40k buys in Springfield, MA, expressed in average-US prices (price level 96.1).
42%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $40k in Springfield, MA

Other salaries in Springfield, MA

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.