Disposable income is essentially just income after tax. It’s the amount you have where you get to direct where it goes / how you dispose of it. It’s not money after essentials.
There are many ways to slice it but the US median income is high.
https://en.wikipedia.org/wiki/Disposable_household_and_per_c...
TIL, I've always thought it was minus housing etc.
Apparently that's discretionary income.