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This question is about Corona, CA.
What is a good salary in Corona, CA?
A good salary in Corona, CA is anything over $53,000. That's because the median income in Corona is $53,000, which means if you earn more than that you're earning more than 50% of the people living in Corona. The average salary in Corona is $61,248.
A good hourly wage in Corona 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 Corona.
Another way to calculate a good salary in Corona 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 $467,000, a good salary in Corona would be $93,400.
Lastly, we can determine a good salary in Corona by looking at the cost of living and comparing it to the US average salary. The cost of living in Corona is 36% higher than than the national average. The national average salary is $56,310, so a good salary in Corona is anything over $76,581 by this measure.
Average Annual Salary in Corona, CA
| 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 | $75,000 | $6,250 | $1,442 | $36.06 |
| 90th | $104,000 | $8,666 | $2,000 | $50.0 |
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