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This question is about Ames, IA.
What is a good salary in Ames, IA?
A good salary in Ames, IA is anything over $46,000. That's because the median income in Ames is $46,000, which means if you earn more than that you're earning more than 50% of the people living in Ames. The average salary in Ames is $53,005.
A good hourly wage in Ames is $22.12 per hour. That works out to a good weekly wage of $884 per week and a good monthly wage of $3,833 per month. However, using the median income is only one way to calculate a good salary in Ames.
Another way to calculate a good salary in Ames 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 $205,900, a good salary in Ames would be $41,180.
Lastly, we can determine a good salary in Ames by looking at the cost of living and comparing it to the US average salary. The cost of living in Ames is 2% lower than than the national average. The national average salary is $56,310, so a good salary in Ames is anything over $55,183 by this measure.
Average Annual Salary in Ames, IA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $32,000 | $2,666 | $615 | $15.38 |
| Median | $46,000 | $3,833 | $884 | $22.12 |
| 75th | $65,000 | $5,416 | $1,250 | $31.25 |
| 90th | $90,000 | $7,500 | $1,730 | $43.27 |
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