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This question is about Apple Valley, MN.
What is a good salary in Apple Valley, MN?
A good salary in Apple Valley, MN is anything over $53,000. That's because the median income in Apple Valley is $53,000, which means if you earn more than that you're earning more than 50% of the people living in Apple Valley. The average salary in Apple Valley is $60,506.
A good hourly wage in Apple Valley is $25.48 per hour. That works out to a good weekly wage of $1,019 per week and a good monthly wage of $4,416 per month. However, using the median income is only one way to calculate a good salary in Apple Valley.
Another way to calculate a good salary in Apple Valley 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 $258,000, a good salary in Apple Valley would be $51,600.
Lastly, we can determine a good salary in Apple Valley by looking at the cost of living and comparing it to the US average salary. The cost of living in Apple Valley is 10% higher than than the national average. The national average salary is $56,310, so a good salary in Apple Valley is anything over $61,941 by this measure.
Average Annual Salary in Apple Valley, MN
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $28,000 | $2,333 | $538 | $13.46 |
| 25th | $38,000 | $3,166 | $730 | $18.27 |
| Median | $53,000 | $4,416 | $1,019 | $25.48 |
| 75th | $74,000 | $6,166 | $1,423 | $35.58 |
| 90th | $100,000 | $8,333 | $1,923 | $48.08 |
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