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This question is about Boca Raton, FL.
What is a good salary in Boca Raton, FL?
A good salary in Boca Raton, FL is anything over $67,000. That's because the median income in Boca Raton is $67,000, which means if you earn more than that you're earning more than 50% of the people living in Boca Raton. The average salary in Boca Raton is $82,815.
A good hourly wage in Boca Raton is $32.21 per hour. That works out to a good weekly wage of $1,288 per week and a good monthly wage of $5,583 per month. However, using the median income is only one way to calculate a good salary in Boca Raton.
Another way to calculate a good salary in Boca Raton 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 $458,600, a good salary in Boca Raton would be $91,720.
Lastly, we can determine a good salary in Boca Raton by looking at the cost of living and comparing it to the US average salary. The cost of living in Boca Raton is 30% higher than than the national average. The national average salary is $56,310, so a good salary in Boca Raton is anything over $73,203 by this measure.
Average Annual Salary in Boca Raton, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $30,000 | $2,500 | $576 | $14.42 |
| 25th | $44,000 | $3,666 | $846 | $21.15 |
| Median | $67,000 | $5,583 | $1,288 | $32.21 |
| 75th | $103,000 | $8,583 | $1,980 | $49.52 |
| 90th | $152,000 | $12,666 | $2,923 | $73.08 |
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