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This question is about salaries.
What is a 5-figure salary?
A 5-figure salary is a salary that falls between $10,000 and $99,999 per year. When someone says they earn five figures, that means that they earn five digits of money, and they are usually referring to the amount they make annually. The smallest five-digit number is 10,000. The largest five-digit number is 99,999.
Five figures is a pretty large range, and most jobs, in fact, will land you within this range. According to the individual income percentiles for the United States from 2019 to 2020, if your household is making $23,000 per year, you are doing better than 25% of other Americans.
Likewise, if your household is making $75,000 per year, you are doing better than 75% of other Americans. If you are making over six figures (i.e., $125,000), you are doing better than 90% of other Americans.
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