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This question is about Baltimore, MD.
What is a good salary in Baltimore, MD?
A good salary in Baltimore, MD is anything over $48,000. That's because the median income in Baltimore is $48,000, which means if you earn more than that you're earning more than 50% of the people living in Baltimore. The average salary in Baltimore is $56,858.
A good hourly wage in Baltimore is $23.08 per hour. That works out to a good weekly wage of $923 per week and a good monthly wage of $4,000 per month. However, using the median income is only one way to calculate a good salary in Baltimore.
Another way to calculate a good salary in Baltimore 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 $160,100, a good salary in Baltimore would be $32,020.
Lastly, we can determine a good salary in Baltimore by looking at the cost of living and comparing it to the US average salary. The cost of living in Baltimore is 0% higher than than the national average. The national average salary is $56,310, so a good salary in Baltimore is anything over $56,310 by this measure.
Average Annual Salary in Baltimore, MD
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $24,000 | $2,000 | $461 | $11.54 |
| 25th | $33,000 | $2,750 | $634 | $15.87 |
| Median | $48,000 | $4,000 | $923 | $23.08 |
| 75th | $70,000 | $5,833 | $1,346 | $33.65 |
| 90th | $99,000 | $8,250 | $1,903 | $47.6 |
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