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This question is about Bowie, MD.
What is a good salary in Bowie, MD?
A good salary in Bowie, MD is anything over $70,000. That's because the median income in Bowie is $70,000, which means if you earn more than that you're earning more than 50% of the people living in Bowie. The average salary in Bowie is $77,764.
A good hourly wage in Bowie is $33.65 per hour. That works out to a good weekly wage of $1,346 per week and a good monthly wage of $5,833 per month. However, using the median income is only one way to calculate a good salary in Bowie.
Another way to calculate a good salary in Bowie 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 $338,100, a good salary in Bowie would be $67,620.
Lastly, we can determine a good salary in Bowie by looking at the cost of living and comparing it to the US average salary. The cost of living in Bowie is 32% higher than than the national average. The national average salary is $56,310, so a good salary in Bowie is anything over $74,329 by this measure.
Average Annual Salary in Bowie, MD
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $39,000 | $3,250 | $750 | $18.75 |
| 25th | $51,000 | $4,250 | $980 | $24.52 |
| Median | $70,000 | $5,833 | $1,346 | $33.65 |
| 75th | $95,000 | $7,916 | $1,826 | $45.67 |
| 90th | $125,000 | $10,416 | $2,403 | $60.1 |
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