This question is about Doral, FL.
What is a good salary in Doral, FL?
A good salary in Doral, FL is anything over $38,000. That's because the median income in Doral is $38,000, which means if you earn more than that you're earning more than 50% of the people living in Doral. The average salary in Doral is $44,721.
A good hourly wage in Doral is $18.27 per hour. That works out to a good weekly wage of $730 per week and a good monthly wage of $3,166 per month. However, using the median income is only one way to calculate a good salary in Doral.
Another way to calculate a good salary in Doral 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 $394,900, a good salary in Doral would be $78,980.
Lastly, we can determine a good salary in Doral by looking at the cost of living and comparing it to the US average salary. The cost of living in Doral is 28% higher than than the national average. The national average salary is $56,310, so a good salary in Doral is anything over $72,076 by this measure.
Average Annual Salary in Doral, FL
Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
10th | $19,000 | $1,583 | $365 | $9.13 |
25th | $27,000 | $2,250 | $519 | $12.98 |
Median | $38,000 | $3,166 | $730 | $18.27 |
75th | $55,000 | $4,583 | $1,057 | $26.44 |
90th | $76,000 | $6,333 | $1,461 | $36.54 |
