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This question is about Concord, CA.
What is a good salary in Concord, CA?
A good salary in Concord, CA is anything over $64,000. That's because the median income in Concord is $64,000, which means if you earn more than that you're earning more than 50% of the people living in Concord. The average salary in Concord is $75,146.
A good hourly wage in Concord is $30.77 per hour. That works out to a good weekly wage of $1,230 per week and a good monthly wage of $5,333 per month. However, using the median income is only one way to calculate a good salary in Concord.
Another way to calculate a good salary in Concord 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 $551,300, a good salary in Concord would be $110,260.
Lastly, we can determine a good salary in Concord by looking at the cost of living and comparing it to the US average salary. The cost of living in Concord is 50% higher than than the national average. The national average salary is $56,310, so a good salary in Concord is anything over $84,465 by this measure.
Average Annual Salary in Concord, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $31,000 | $2,583 | $596 | $14.9 |
| 25th | $43,000 | $3,583 | $826 | $20.67 |
| Median | $64,000 | $5,333 | $1,230 | $30.77 |
| 75th | $93,000 | $7,750 | $1,788 | $44.71 |
| 90th | $131,000 | $10,916 | $2,519 | $62.98 |
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