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Linda Schmidt Networth

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Facts of Linda Schmidt

Linda Schmidt, currently working for Fox 5 News, WNYW-TV in New Work is the 6 times Emmy-Award winner. Ever since joining Fox 5 in 1993, Schmidt has covered many major headlines such as World Trade Center attacks, the crash of TWA flight 800, the deaths of Jacqueline Kennedy Onassis and John F. Kennedy Jr. and 9/11 Commission Hearings.

Well, the American reporter not only earned numerous accolades and nominations but also hefty earnings from her career. She has an estimated net worth of millions of dollars, so how much salary Linda earns? Get details on Linda Schmidt net worth, income source, earnings, asset, expenses & personal life details.

Linda Schmidt's Net Worth: Income Source & Earnings

The major source of Linda's income is her journalism career of over 3 decades. Soon after her graduation from Penn State University, Schmidt began actively working as a journalist.

As of March 2019, the exact figure of Linda Schmidt's net worth is not out but is thought to be in the 7-digit figure. Some online sources claim her fortune to be in the range of $1 million-$1.5 million.

Linda Schmidt, an American reporter working for Fox 5 owns million dollars net worth
Linda Schmidt, an American reporter working for Fox 5 owns million dollars net worth 

Her fame and career rose to prominence after she joined Fox 5 New, WNYW-TV in May 1993. No doubt that Linda Schmidt makes massive earnings from her career as a veteran.

Well, some of her Fox News fellow reporters Dana Fowle, Cynne Simpson, and Portia Bruner owns the estimated net worth of $900,000-$1.2 million, $1 million and $500,000-$1 million respectively.

Salary & Accolades from Fox 5

Having worked for Q100 radio station in Easton, Pennsylvania, as a reporter for KOLR-TV in Springfield, WTNH-TV in New Haven and WCAU-TV in Philadelphia, Linda Schmidt has been with Fox 5 for over 26 years.

Even if the actual payroll of Linda is not out, she allegedly earns the salary of $79,675-$87,079.

Well, sources report that the average salary of a reporter in the United States is around $39,000 while the reporter based in New York can sum up to $43,000 per year on average.

Alongside massive sum, Linda Schmidt also earned numerous accolades including 6-Emmy Awards, New State Broadcaster Association Award, and Associated Press Awards.

Any Endorsement Deal?

No, till date, Linda Schmidt is not reported to have any endorsement deals. Besides journalism, no other money-generator source for Schmidt is out.

She is active on Twitter with over 3.4K followers, though is not seen endorsing any products meanwhile. But if Linda had endorsements, she would surely pocket massive earnings.

Asset, Lifestyle & Expenses

Currently, Linda Schmidt lives in New York but has not opened up about her house worth and purchase details. The information on her other asset collection including cars is not out.

Her NY home is estimated to be hundreds of thousand dollars as the median house value in New York is around $294,200 which calls up $1,280 for the house insurance premium.

With massive net worth, Linda Schmidt lives a lavish lifestyle and makes expenses on costly wears and travels. Well, she is also a foodie and is fond of arts and adventure.

Tax Payments

Apart from expenses for self, Linda does bill up for tax payments too. As per calculation from Smartasset.com, the American reporter owning property in New York pays 1.925% of the assessed value as property tax.

Besides this, she also follows the massive income tax policy as the fate of all others. In New York, an individual with around $100,000 annual income will have to pay $32,000 inclusive of 15.41%Federal tax, 7.65% FICA and 5.54% State tax.

Charity & Humanitarian Works

Linda is an active social worker and is involved in many charity and humanitarian works. Well, she serves as emcee for various fundraising events and non-profit organizations and charities.

Her fundraising works involve helping children with autism, homelessness, and people who suffer from spinal cord injuries.

Linda Schmidt's Personal Details: Age, Family, Bio, Education and Relationship Status

Born in Fayetteville, North Carolina, Linda Schmidt is an American by nationality and is of white ethnicity. She belongs from an Army family but is yet to disclose her parents’ detail.

Since Schmidt's birth date is not out, her age as of March 2019 is also a mystery. Though, sources cite that Linda is currently in her late 50s.

She graduated from a local high school in Denville, New Jersey and enrolled at Penn State University later, earnings BA in Broadcast Journalism.

Meanwhile, Linda Schmidt is low-key about her relationship status whether if she is married or dating. While some sources claim her to be married with children, on the other hand, some cite that Linda is not married.f

Updated On Wed Aug 14 2019 Published On Thu Apr 04 2019 By Chandra Rana Magar

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