A good salary in Philadelphia, PA is anything over $47,000. That’s because the median income in Philadelphia is $47,000, which means if you earn more than that you’re earning more than 50% of the people living in Philadelphia. The average salary in Philadelphia is $56,317.
What is a comfortable salary in Philadelphia?
If you follow the 50-30-20 budgeting rule to the T, listen closely: You need to earn just under $60,000 a year to live comfortably in Philadelphia. That’s according to a new analysis by Go Banking Rate, which found that you need to make exactly $59,384 to be able to live in Philadelphia.
How much does the average person make in Philly?
How much does an Average make in Philadelphia, Pennsylvania? As of Jul 27, 2022, the average annual pay for the Average jobs category in Philadelphia is $65,392 a year. Just in case you need a simple salary calculator, that works out to be approximately $31.44 an hour.
What is a good starting salary in Philadelphia?
Entry Level Salary in Philadelphia, PA
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $45,738 | $879 |
| 75th Percentile | $39,707 | $763 |
| Average | $31,857 | $612 |
| 25th Percentile | $25,131 | $483 |
What is a good salary in Pennsylvania?
$44,693 is the 25th percentile. Salaries below this are outliers. $67,717 is the 75th percentile.
What is a living wage in Philadelphia 2022?
$15.00
$13.25 on July 1, 2019. $13.75 on July 1, 2020. $14.25 on July 1, 2021. $15.00 on July 1, 2022.
How expensive is it to live in Philly?
Philadelphia’s housing expenses are 11% higher than the national average and the utility prices are 10% higher than the national average. Transportation expenses like bus fares and gas prices are 13% higher than the national average. Philadelphia has grocery prices that are 17% higher than the national average.
Is it cheaper to live in Philadelphia or New Jersey?
The cost of living in Jersey City, NJ is 58.8% higher than in Philadelphia, PA. You would have to earn a salary of $95,257 to maintain your current standard of living. Employers in Jersey City, NJ typically pay 12.3% more than employeers in Philadelphia, PA.
What are the highest paying jobs in Philadelphia?
Philadelphia’s Top-Paying Jobs*
- Anesthesiologists: $268,920. Medicine in general is a good bet as far as salaries go.
- Orthodontists: $242,310.
- CEOs $225,090.
- Dentists, general: $173,910.
- Natural sciences managers: $167,430.
- Financial managers: $159,380.
- Sales managers: $158,890.
- Marketing managers: $156,550.
What is the minimum salary to be happy in PA?
$107,625
Minimum salary needed to be happy: $107,625
Pennsylvania’s economy was hit harder than many others, with an unemployment rate, though lower than its peak of 13.1%, is still higher than others at 4.9%.
How much do Philadelphia public school teachers make?
The salaries of Public School Teachers in Philadelphia, PA range from $10,498 to $278,179 , with a median salary of $53,419 . The middle 57% of Public School Teachers makes between $53,472 and $128,453, with the top 86% making $278,457.
What is upper class income in PA?
How much does an Upper Class make in Pennsylvania? As of Jul 28, 2022, the average annual pay for the Upper Class jobs category in Pennsylvania is $48,928 a year.
What is considered to be a high income?
According to a 2018 report from the Pew Research Center, 19% of American adults live in “upper-income households.” The median income of that group was $187,872 in 2016. Pew defines the upper class as adults whose annual household income is more than double the national median.
What is considered low income in PA?
2022 POVERTY INCOME GUIDELINES CONTIGUOUS STATES U.S. GRANTEES EFFECTIVE January 12, 2022
| House Hold/Family Size | 100% | 200% |
|---|---|---|
| 1 | $13,590 | $27,180 |
| 2 | $18,310 | $36,620 |
| 3 | $23,030 | $46,060 |
| 4 | $27,750 | $55,500 |
Which state has the highest minimum wage?
Excluding Washington, D.C.’s $15.20 hourly minimum wage, California has the highest in the country at $14 per hour. Washington and Massachusetts are close behind, with $13.69 per hour and $13.50 per hour, respectively.
How much is the average electric bill in Philadelphia?
In Philadelphia, PA, the average monthly electricity bill for residential consumers is $181/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,144 kWh * 16 ¢/kWh.
What is Philadelphia wage tax?
3.79%
Starting on July 1, the new resident rate for the Wage and Earnings taxes is 3.79%. The rates were previously 3.8398%. The new non-resident rates will be a flat 3.44% for Wage Tax and 3.44% for Earnings Tax – they were previously 3.4481%.
Is it cheaper to live in NY or PA?
New York is 12.3% more expensive than Pennsylvania.
Is Philly cheaper than New York?
New York is 85.0% more expensive than Philadelphia. New York housing costs are 343.9% more expensive than Philadelphia housing costs. Health related expenses are 14.4% more in New York.
Why is Philly so affordable?
According to Realtor.com®, Philadelphia is the third trendiest and most affordable city in the country, thanks to a plethora of social activities, such as breweries, yoga studios and independent cinemas, as well as affordable homes, making it an opportunity for first-time buyers to participate in.
Who has higher taxes NJ or PA?
State sales tax for Pennsylvania is at 6 percent, compared to 7 percent for New Jersey. Naturally, there’s more to selecting the perfect home than simply the tax rates. And for some people, jobs and family in the area may be reasons to stay in the Garden State.