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This question is about Concord, NH.
What is a good salary in Concord, NH?
A good salary in Concord, NH is anything over $51,000. That's because the median income in Concord is $51,000, 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 $58,238.
A good hourly wage in Concord is $24.52 per hour. That works out to a good weekly wage of $980 per week and a good monthly wage of $4,250 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 $230,200, a good salary in Concord would be $46,040.
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 8% higher than than the national average. The national average salary is $56,310, so a good salary in Concord is anything over $60,814 by this measure.
Average Annual Salary in Concord, NH
| 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 | $51,000 | $4,250 | $980 | $24.52 |
| 75th | $71,000 | $5,916 | $1,365 | $34.13 |
| 90th | $96,000 | $8,000 | $1,846 | $46.15 |
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