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This question is about Caldwell, ID.
What is a good salary in Caldwell, ID?
A good salary in Caldwell, ID is anything over $32,000. That's because the median income in Caldwell is $32,000, which means if you earn more than that you're earning more than 50% of the people living in Caldwell. The average salary in Caldwell is $37,200.
A good hourly wage in Caldwell is $15.38 per hour. That works out to a good weekly wage of $615 per week and a good monthly wage of $2,666 per month. However, using the median income is only one way to calculate a good salary in Caldwell.
Another way to calculate a good salary in Caldwell 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 $152,400, a good salary in Caldwell would be $30,480.
Lastly, we can determine a good salary in Caldwell by looking at the cost of living and comparing it to the US average salary. The cost of living in Caldwell is 10% lower than than the national average. The national average salary is $56,310, so a good salary in Caldwell is anything over $50,115 by this measure.
Average Annual Salary in Caldwell, ID
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $17,000 | $1,416 | $326 | $8.17 |
| 25th | $23,000 | $1,916 | $442 | $11.06 |
| Median | $32,000 | $2,666 | $615 | $15.38 |
| 75th | $45,000 | $3,750 | $865 | $21.63 |
| 90th | $61,000 | $5,083 | $1,173 | $29.33 |
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