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This question is about Charlotte, NC.
What is a good salary in Charlotte, NC?
A good salary in Charlotte, NC is anything over $46,000. That's because the median income in Charlotte is $46,000, which means if you earn more than that you're earning more than 50% of the people living in Charlotte. The average salary in Charlotte is $56,449.
A good hourly wage in Charlotte is $22.12 per hour. That works out to a good weekly wage of $884 per week and a good monthly wage of $3,833 per month. However, using the median income is only one way to calculate a good salary in Charlotte.
Another way to calculate a good salary in Charlotte 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 $220,300, a good salary in Charlotte would be $44,060.
Lastly, we can determine a good salary in Charlotte by looking at the cost of living and comparing it to the US average salary. The cost of living in Charlotte is 1% higher than than the national average. The national average salary is $56,310, so a good salary in Charlotte is anything over $56,873 by this measure.
Average Annual Salary in Charlotte, NC
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $20,000 | $1,666 | $384 | $9.62 |
| 25th | $30,000 | $2,500 | $576 | $14.42 |
| Median | $46,000 | $3,833 | $884 | $22.12 |
| 75th | $70,000 | $5,833 | $1,346 | $33.65 |
| 90th | $103,000 | $8,583 | $1,980 | $49.52 |
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