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This question is about East Lansing, MI.
What is a good salary in East Lansing, MI?
A good salary in East Lansing, MI is anything over $57,000. That's because the median income in East Lansing is $57,000, which means if you earn more than that you're earning more than 50% of the people living in East Lansing. The average salary in East Lansing is $67,942.
A good hourly wage in East Lansing is $27.4 per hour. That works out to a good weekly wage of $1,096 per week and a good monthly wage of $4,750 per month. However, using the median income is only one way to calculate a good salary in East Lansing.
Another way to calculate a good salary in East Lansing 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 $192,800, a good salary in East Lansing would be $38,560.
Lastly, we can determine a good salary in East Lansing by looking at the cost of living and comparing it to the US average salary. The cost of living in East Lansing is 3% lower than than the national average. The national average salary is $56,310, so a good salary in East Lansing is anything over $54,620 by this measure.
Average Annual Salary in East Lansing, MI
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $27,000 | $2,250 | $519 | $12.98 |
| 25th | $38,000 | $3,166 | $730 | $18.27 |
| Median | $57,000 | $4,750 | $1,096 | $27.4 |
| 75th | $84,000 | $7,000 | $1,615 | $40.38 |
| 90th | $120,000 | $10,000 | $2,307 | $57.69 |
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