The average Government Contractor in Washington, DC makes $91,005, 34% above the national average Government Contractor salary of $68,094. This pay is 21% higher than the combined average salaries of other metros Chicago, New York and Los Angeles.
The salaries of Government Contractors in Washington, DC range from $34,145 to $193,133 , with a median salary of $87,720 . The middle 57% of Government Contractors makes between $87,720 and $121,305, with the top 86% making $193,133.
For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 24% and an added District of Columbia state tax of 8.5%. After the combined taxes have been taken out, Government Contractors could expect to have a take-home pay of $68,739/year, with each paycheck equaling approximately $2,864*.
* assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.
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A Government Contractor reported making $53,000 per year in Denver
A Government Contractor reported making $77,000 per year
A Government Contractor reported making $80,000 per year
With a take-home pay of roughly $5,728/month, and the median 2BR apartment rental price of $1,555/mo** in Washington, DC, a Government Contractor would pay 27.15% of their monthly take-home salary towards rent. The average income spent on cost of living excluding rent within Washington per month for an individual is $1,106 , and for a 4-person family $4,064***. This means for an individual, total cost of living is 46.46% of a Government Contractor in Washington's salary leaving $3,067 as discretionary income ; whereas for a family of 4, total cost of living is 98.1% of a Government Contractor in Washington's salary leaving $109 as discretionary income. When considering cost of living, this places Washington, DC as 2nd out of the 3 largest nearby metros in terms of quality of life for Government Contractors**.
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