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This question is about Edmond, OK.
What is a good salary in Edmond, OK?
A good salary in Edmond, OK is anything over $60,000. That's because the median income in Edmond is $60,000, which means if you earn more than that you're earning more than 50% of the people living in Edmond. The average salary in Edmond is $71,425.
A good hourly wage in Edmond is $28.85 per hour. That works out to a good weekly wage of $1,153 per week and a good monthly wage of $5,000 per month. However, using the median income is only one way to calculate a good salary in Edmond.
Another way to calculate a good salary in Edmond 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 $240,600, a good salary in Edmond would be $48,120.
Lastly, we can determine a good salary in Edmond by looking at the cost of living and comparing it to the US average salary. The cost of living in Edmond is 4% lower than than the national average. The national average salary is $56,310, so a good salary in Edmond is anything over $54,057 by this measure.
Average Annual Salary in Edmond, OK
| 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 | $60,000 | $5,000 | $1,153 | $28.85 |
| 75th | $89,000 | $7,416 | $1,711 | $42.79 |
| 90th | $127,000 | $10,583 | $2,442 | $61.06 |
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