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This question is about Bloomington, IN.
What is a good salary in Bloomington, IN?
A good salary in Bloomington, IN is anything over $49,000. That's because the median income in Bloomington is $49,000, which means if you earn more than that you're earning more than 50% of the people living in Bloomington. The average salary in Bloomington is $58,964.
A good hourly wage in Bloomington is $23.56 per hour. That works out to a good weekly wage of $942 per week and a good monthly wage of $4,083 per month. However, using the median income is only one way to calculate a good salary in Bloomington.
Another way to calculate a good salary in Bloomington 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 $200,700, a good salary in Bloomington would be $40,140.
Lastly, we can determine a good salary in Bloomington by looking at the cost of living and comparing it to the US average salary. The cost of living in Bloomington is 2% lower than than the national average. The national average salary is $56,310, so a good salary in Bloomington is anything over $55,183 by this measure.
Average Annual Salary in Bloomington, IN
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $32,000 | $2,666 | $615 | $15.38 |
| Median | $49,000 | $4,083 | $942 | $23.56 |
| 75th | $73,000 | $6,083 | $1,403 | $35.1 |
| 90th | $106,000 | $8,833 | $2,038 | $50.96 |
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