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This question is about Chico, CA.
What is a good salary in Chico, CA?
A good salary in Chico, CA is anything over $52,000. That's because the median income in Chico is $52,000, which means if you earn more than that you're earning more than 50% of the people living in Chico. The average salary in Chico is $61,196.
A good hourly wage in Chico is $25.0 per hour. That works out to a good weekly wage of $1,000 per week and a good monthly wage of $4,333 per month. However, using the median income is only one way to calculate a good salary in Chico.
Another way to calculate a good salary in Chico 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 $327,700, a good salary in Chico would be $65,540.
Lastly, we can determine a good salary in Chico by looking at the cost of living and comparing it to the US average salary. The cost of living in Chico is 20% higher than than the national average. The national average salary is $56,310, so a good salary in Chico is anything over $68,135 by this measure.
Average Annual Salary in Chico, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $26,000 | $2,166 | $500 | $12.5 |
| 25th | $36,000 | $3,000 | $692 | $17.31 |
| Median | $52,000 | $4,333 | $1,000 | $25.0 |
| 75th | $76,000 | $6,333 | $1,461 | $36.54 |
| 90th | $106,000 | $8,833 | $2,038 | $50.96 |
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