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This question is about Des Plaines, IL.
What is a good salary in Des Plaines, IL?
A good salary in Des Plaines, IL is anything over $56,000. That's because the median income in Des Plaines is $56,000, which means if you earn more than that you're earning more than 50% of the people living in Des Plaines. The average salary in Des Plaines is $65,229.
A good hourly wage in Des Plaines is $26.92 per hour. That works out to a good weekly wage of $1,076 per week and a good monthly wage of $4,666 per month. However, using the median income is only one way to calculate a good salary in Des Plaines.
Another way to calculate a good salary in Des Plaines 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 $256,700, a good salary in Des Plaines would be $51,340.
Lastly, we can determine a good salary in Des Plaines by looking at the cost of living and comparing it to the US average salary. The cost of living in Des Plaines is 12% higher than than the national average. The national average salary is $56,310, so a good salary in Des Plaines is anything over $63,630 by this measure.
Average Annual Salary in Des Plaines, IL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $28,000 | $2,333 | $538 | $13.46 |
| 25th | $39,000 | $3,250 | $750 | $18.75 |
| Median | $56,000 | $4,666 | $1,076 | $26.92 |
| 75th | $81,000 | $6,750 | $1,557 | $38.94 |
| 90th | $112,000 | $9,333 | $2,153 | $53.85 |
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