gross income

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

A good rule of thumb for 2026 is to keep transportation costs, including car payment, insurance, gas, maintenance and repairs, at around 15% to 20% of your gross income — and to stay closer to the lower end if your cash flow is tight, said Joe Piszczor, founder of Washington Family Wealth in Washington, Penn. That means if you earn $100,000 a year, you should direct between $1,250 and about $1,670 toward monthly transportation costs.

From MarketWatch

This time, her need is more urgent because she’s back in the office and the wait could potentially be longer now that her family’s gross income is higher.

From Los Angeles Times

To buy a median-priced home at about $400,000, a prospective buyer would need to earn about $121,000 for the house to be considered affordable, meaning that the housing costs don’t take up more than 30% of their gross income, according to the Federal Reserve Bank of Atlanta’s Home Ownership Affordability Monitor.

From MarketWatch

From April, taxpayers with more than £50,000 of gross income from self-employment or rental income in the 2024-25 tax year will need to comply with Making Tax Digital rules which will replace self assessment.

From BBC

To afford a median-priced $400,000 home, a prospective buyer would need an income of $121,000 to keep their housing costs under the recommended level of 30% of gross income, according to data from the Federal Reserve Bank of Atlanta.

From MarketWatch