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This question is about Albany, OR.
What is a good salary in Albany, OR?
A good salary in Albany, OR is anything over $47,000. That's because the median income in Albany is $47,000, which means if you earn more than that you're earning more than 50% of the people living in Albany. The average salary in Albany is $54,067.
A good hourly wage in Albany is $22.6 per hour. That works out to a good weekly wage of $903 per week and a good monthly wage of $3,916 per month. However, using the median income is only one way to calculate a good salary in Albany.
Another way to calculate a good salary in Albany is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $226,200, a good salary in Albany would be $45,240.
Lastly, we can determine a good salary in Albany by looking at the cost of living and comparing it to the US average salary. The cost of living in Albany is 9% higher than than the national average. The national average salary is $56,310, so a good salary in Albany is anything over $61,377 by this measure.
Average Annual Salary in Albany, OR
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $25,000 | $2,083 | $480 | $12.02 |
| 25th | $33,000 | $2,750 | $634 | $15.87 |
| Median | $47,000 | $3,916 | $903 | $22.6 |
| 75th | $66,000 | $5,500 | $1,269 | $31.73 |
| 90th | $90,000 | $7,500 | $1,730 | $43.27 |
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