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This question is about Draper, UT.
What is a good salary in Draper, UT?
A good salary in Draper, UT is anything over $58,000. That's because the median income in Draper is $58,000, which means if you earn more than that you're earning more than 50% of the people living in Draper. The average salary in Draper is $68,930.
A good hourly wage in Draper is $27.88 per hour. That works out to a good weekly wage of $1,115 per week and a good monthly wage of $4,833 per month. However, using the median income is only one way to calculate a good salary in Draper.
Another way to calculate a good salary in Draper 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 $469,000, a good salary in Draper would be $93,800.
Lastly, we can determine a good salary in Draper by looking at the cost of living and comparing it to the US average salary. The cost of living in Draper is 27% higher than than the national average. The national average salary is $56,310, so a good salary in Draper is anything over $71,513 by this measure.
Average Annual Salary in Draper, UT
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $28,000 | $2,333 | $538 | $13.46 |
| 25th | $40,000 | $3,333 | $769 | $19.23 |
| Median | $58,000 | $4,833 | $1,115 | $27.88 |
| 75th | $86,000 | $7,166 | $1,653 | $41.35 |
| 90th | $121,000 | $10,083 | $2,326 | $58.17 |
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