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This question is about Decatur, IL.
What is a good salary in Decatur, IL?
A good salary in Decatur, IL is anything over $43,000. That's because the median income in Decatur is $43,000, which means if you earn more than that you're earning more than 50% of the people living in Decatur. The average salary in Decatur is $49,747.
A good hourly wage in Decatur is $20.67 per hour. That works out to a good weekly wage of $826 per week and a good monthly wage of $3,583 per month. However, using the median income is only one way to calculate a good salary in Decatur.
Another way to calculate a good salary in Decatur 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 $83,000, a good salary in Decatur would be $16,600.
Lastly, we can determine a good salary in Decatur by looking at the cost of living and comparing it to the US average salary. The cost of living in Decatur is 19% lower than than the national average. The national average salary is $56,310, so a good salary in Decatur is anything over $45,048 by this measure.
Average Annual Salary in Decatur, IL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $31,000 | $2,583 | $596 | $14.9 |
| Median | $43,000 | $3,583 | $826 | $20.67 |
| 75th | $61,000 | $5,083 | $1,173 | $29.33 |
| 90th | $83,000 | $6,916 | $1,596 | $39.9 |
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