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A $100k salary in Arlington feels more like $50k, new study suggests

Hundred dollar bills / money (Photo by Pepi Stojanovski on Unsplash)

Arlington ranks near the top of many lists, but it’s near the bottom of a new one looking at purchasing power.

The county is No. 66 out of 76 on a list of “Where $100,000 Goes Furthest.” The bottom four cities on the list are New York, Honolulu, San Francisco and Washington, D.C., compared to the top-ranked cities of Memphis, El Paso, Oklahoma City and Corpus Christi.

The 2023 study by financial website SmartAsset “looked at what a $100,000 income is worth after taxes and a cost-of-living adjustment.”

“A six-figure salary is an important milestone for many people, but after taxes and amid rampant inflation, it’s not what it used to be,” a PR rep for the site said in an email. “With this in mind, SmartAsset set out to uncover what $100,000 truly feels like in America’s largest cities. To calculate this, our data team analyzed after-tax income in 76 of the largest U.S. cities and adjusted those figures for the cost of living in each place.”

“Our findings show $100,000 in Arlington amounts to roughly $50,000 after adjusting for taxes and cost of living,” the rep noted to ARLnow.

In bottom-ranked New York City, that $100,000 amounted to an adjusted-for-cost-of-living $35,791. The same $100,000 salary in Memphis amounted to $86,444 in adjusted take-home pay, according to SmartAsset’s calculus.

The cost-of-living calculations take into account the local cost of “housing, groceries, utilities, transportation, and miscellaneous goods and services” as of fall 2022, the site notes.

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This notice announces the availability of the FONSI to implement the 2024 Pentagon Reservation Master Plan Update.

For further information and to request a copy of the Final EA or FONSI, please contact Brian King, Environmental and Sustainability Program Manager, WHS/Facilities Services Directorate/Standards and Compliance Division/Environmental and Sustainability Branch; (703-614-3658 or [email protected]). Please include “Pentagon Master Plan Final EA and FONSI” in the subject line.

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Come hear the latest news about fair housing enforcement, policy, and programs within Arlington County, Virginia, and across the country! Our expert panelists and guest speakers include fair housing advocates, elected officials, and government officials tasked with advancing housing equity at the local, state, and federal level.

Arlington has made substantial strides in advancing housing equity and improving fair housing policy with the adoption of the Regional Fair Housing Plan in 2023. Come learn what’s next to fight housing discrimination, incorporate equity for marginalized populations in our housing policies and programs, and increase awareness of fair housing rights under state and federal law.

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Please RSVP in advance to ensure you receive your free lunch at the conference. Free and open to the public.

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