A good salary in Seattle, WA is anything over $65,000. That’s because the median income in Seattle is $65,000, which means if you earn more than that you’re earning more than 50% of the people living in Seattle. The average salary in Seattle is $75,725. A good hourly wage in Seattle is $31.25 per hour.
Is $65000 per year a good salary?
$65,000 a year is an excellent annual salary in most cases. It breaks down to $31.25 per hour if you work a typical 40 hour week and work 52 weeks a year. This is the before-tax amount, and your taxes will vary based on many factors. $31.25 an hour is an excellent wage and well above the poverty level in the US.
What is a comfortable wage in Seattle?
Living Wage Calculation for King County, Washington
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Living Wage | $21.42 | $35.36 |
| Poverty Wage | $6.19 | $10.56 |
| Minimum Wage | $14.49 | $14.49 |
What is considered upper class in Seattle?
Lowest Income to be Considered “Rich” (Top 20%): $186,063. Average Income of the Top 20%: $331,167. Average Income of the Top 5%: $583,249.
How much do you need to make to afford living in Seattle?
The recommended salary in Seattle is $6,975 per month or $83,700 annually. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $2,325.
What is $65 000 a year hourly?
$31.25 per hour
Earning $65,000 a year means you’re making $31.25 per hour.
Is 60 000 a year a good salary in California?
Is 60k a Year Good in California? In general, 60k is a good salary for any state in the United States, but the cost of living in California is higher than in most other states. So 60k a year jobs and income may not go as far there as it would in a less expensive area and it may not be enough to live comfortably.
What is good pay in Seattle?
The average salary in Seattle is $75,725. A good hourly wage in Seattle is $31.25 per hour. That works out to a good weekly wage of $1,250 per week and a good monthly wage of $5,416 per month. However, using the median income is only one way to calculate a good salary in Seattle.
How much does the average 25 year old in Seattle make?
$29,238 is the 25th percentile. Salaries below this are outliers. $47,106 is the 75th percentile.
How much should I make in Seattle?
The U.S. Bureau of Labor Statistics reported that workers in the Seattle area had an average hourly wage of $32.91 in May 2019, which is about 28% above the nationwide average. As of March 2021, Payscale.com cites the average salary for Seattleites as $81,000 per year.
What is high income in Seattle?
The most affluent 20% of Seattle households — roughly 69,000 of the city’s 344,600 households — had an average income of $345,000 in 2020. The least affluent 69,000 households averaged about $18,800 — an extremely small amount in a city with one of the highest costs of living.
What is middle-class salary Seattle?
This is definitely not the city I grew up in. When Balk wrote in 2020 about Seattle’s median income exceeding $100,000, he reported that just 10 years earlier, the median income in the city was about $60,000 — or about 20% higher than the national median at the time.
What is the average high in Seattle?
Seattle weather averages
| Annual high temperature | 59ºF |
| Annual low temperature | 45ºF |
| Days per year with precip. | 152 days |
| Annual hours of sunshine | 2019 hours |
| Average annual precip. | 34.1 inch |
How do people afford house in Seattle?
By one estimate, a household would need to make nearly $107,000 a year to afford a home in the Seattle-Tacoma-Bellevue area with a 20% down payment. With less money to put down, you need an even higher income. For a buyer putting 10% down, the salary threshold increases to about $125,000.
Why is cost of living so high in Seattle?
As climate change worsens, many more people may be looking for homes in climate havens. That can increase the cost of living in Seattle even more as the demand for its housing continues to grow. Because it already is attracting a lot of people because of its nature and climate, Seattle’s prices continue to increase.
Is Seattle more expensive than California?
Los Angeles is 0.6% more expensive than Seattle. Los Angeles housing costs are 3.5% less expensive than Seattle housing costs. Health related expenses are 4.9% more in Los Angeles.
How much per week is 65000 a year?
$65,000 a Year Is How Much a Week? If your employer pays you weekly, you’d receive 52 paychecks per year. Before taxes and any other deductions/contributions, your paycheck would be $1,250 per week.
What is $32 per hour annually?
$62,400
If you make $32 per hour, your Yearly salary would be $62,400. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week. How much tax do I pay if I make $32 per hour?
How much house can I afford with 60k a year?
The usual rule of thumb is that you can afford a mortgage two to 2.5 times your annual income. That’s a $120,000 to $150,000 mortgage at $60,000. You also have to be able to afford the monthly mortgage payments, however.
What car can I afford on 60k salary?
It’s typically recommended that you buy a car worth no more than 35% of your gross annual income— so if you make $60k per year, you can afford a new car that is worth $21,000 or less.
Is 60k a year middle-class?
But that range does vary by the size of the household. A three-person household must have earned $51,962 to $155,902 to be considered middle-class while a family of four must earn about $60,000 to $180,000.