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This question is about Chicopee, MA.
What is a good salary in Chicopee, MA?
A good salary in Chicopee, MA is anything over $53,000. That's because the median income in Chicopee is $53,000, which means if you earn more than that you're earning more than 50% of the people living in Chicopee. The average salary in Chicopee is $61,936.
A good hourly wage in Chicopee is $25.48 per hour. That works out to a good weekly wage of $1,019 per week and a good monthly wage of $4,416 per month. However, using the median income is only one way to calculate a good salary in Chicopee.
Another way to calculate a good salary in Chicopee 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 $182,100, a good salary in Chicopee would be $36,420.
Lastly, we can determine a good salary in Chicopee by looking at the cost of living and comparing it to the US average salary. The cost of living in Chicopee is 8% higher than than the national average. The national average salary is $56,310, so a good salary in Chicopee is anything over $60,814 by this measure.
Average Annual Salary in Chicopee, MA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $27,000 | $2,250 | $519 | $12.98 |
| 25th | $37,000 | $3,083 | $711 | $17.79 |
| Median | $53,000 | $4,416 | $1,019 | $25.48 |
| 75th | $76,000 | $6,333 | $1,461 | $36.54 |
| 90th | $106,000 | $8,833 | $2,038 | $50.96 |
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