What Is A Good Salary In Virginia?

As of Jul 31, 2022, the average annual pay for the Above Average jobs category in Virginia is $54,767 a year. Just in case you need a simple salary calculator, that works out to be approximately $26.33 an hour. This is the equivalent of $1,053/week or $4,564/month.

How much money do you need to live comfortably in Virginia?

How much money do you need to live comfortably in Virginia? According to livingwage.mit.edu, a living wage calculator based at MIT, you’ll need a salary of at least $26,631 if you have no children. If you are one adult with two children, you’ll need $61,780 after taxes.

What is a good annual salary in Virginia?

$8,143 is the 90th percentile. Salaries above this are outliers. $930 is the 25th percentile. Wages below this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Virginia.

City Virginia Beach
Annual Salary $64,710
Monthly Pay $5,393
Weekly Pay $1,244
Hourly Wage $31.11

What salary is considered decent?

In the US, an annual salary between $70,000 – $78,000 before tax ($5,800 – $6,500 monthly) is considered to be a good wage in any state.

What is considered a living wage in Virginia?

Living Wage Calculation for Richmond city, Virginia

1 ADULT 2 ADULTS (1 WORKING)
0 Children 2 Children
Living Wage $18.93 $38.31
Poverty Wage $6.19 $12.74
Minimum Wage $11.00 $11.00

Where is it cheapest to live in Virginia?

Pulaski, VA – For the second year in a row, the town of Pulaski is the number one cheapest place to live in Virginia in 2020 according to HomeSnacks.net. Housing in Pulaski is super cheap when taken as a proportion of income, whether you’re renting or buying.

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What is middle class income in Virginia?

(The Center Square) – In Virginia, households must earn a minimum of $32,507 per year to be considered middle class, with the upper earnings boundary set at $156,063, according to a new 24/7 Wall St. analysis.

What is the average household income in Virginia?

Table

Population
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 28.6
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $76,398

What are the highest paying jobs in Virginia?

Top Paying jobs in Virginia

  • HVAC Technician. Southern Trust Home Services, Inc4.2.
  • PCA Caregiver. Commonwise Home Care4.6.
  • CNA/PCA Caregiver. Commonwise Home Care4.6.
  • Caregiver. Commonwise Home Care4.6.
  • Sales Training Specialist.
  • Territorial Sales.
  • Insurance Agent-York Office.
  • Entry Level CDL-A Truck Driver – Earn Top Pay FAST!

What salary is upper class?

In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.

What salary is considered rich for a single person?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.

How much should I be making at 27?

What was the average and median income by age in 2021?

Age 25% Median
26 $20,804.00 $35,000.00
27 $23,660.00 $40,000.00
28 $25,000.00 $39,005.00
29 $24,615.00 $41,085.00
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Is Virginia affordable to live?

While it’s not one of the cheapest states in the nation, it’s not one of the most expensive either. In its third-quarter 2021 study, the Missouri Economic Research and Information Center (MERIC) ranks Virginia 27th of 50 as far as cost of living goes — about as middling as you can get.

What’s the best place to live in Virginia?

Here are the best places to live in Virginia

  • #8. Franklin Farm.
  • #7. South Riding. – Population: 31,515.
  • #6. Broadlands. – Population: 13,576.
  • #5. Short Pump. – Population: 28,328.
  • #4. Arlington. – Population: 233,464.
  • #3. Innsbrook. – Population: 8,888.
  • #2. Cascades. – Population: 11,389.
  • #1. Stone Ridge. – Population: 14,220.

Is $27 an hour good pay?

Two people who each work full-time and earn $27 dollars an hour have a net take-home of $7014, which is a pretty solid amount for living well in most places!

Where is the safest city in Virginia?

Top 10 Safest Cities in Virginia

  • Blacksburg.
  • Poquoson.
  • Manassas Park.
  • Leesburg.
  • Vienna.
  • Radford.
  • Warrenton.
  • Herndon.

Is it cheaper to live in Virginia or Maryland?

Maryland is 3.7% more expensive than Virginia.

What is the best small town in Virginia?

Best Small Towns in Virginia

  • Farmville.
  • Kilmarnock.
  • Leesburg.
  • Occoquan.
  • Smithfield.
  • High Rocks Trail in Wytheville.
  • Middleburg.
  • Culpeper.

What is considered upper class in Virginia?

$37,621 is the 25th percentile. Salaries below this are outliers. $65,470 is the 75th percentile.

What is considered high class in Virginia?

In Virginia, you’ll need to earn $584,000 or more to be considered ‘rich’. Technically, Washington, D.C., which isn’t a state, has the highest AGI to be considered one of the highest earners at $918,000.

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What is considered high income in Virginia?

Median Household Income: $76,398. Average Household Income: $106,023. Per Capita Income: $41,255. 11.6% of Households in Virginia are High Income Households that make over $200,000 a year.