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This question is about Edmonds, WA.
What is a good salary in Edmonds, WA?
A good salary in Edmonds, WA is anything over $58,000. That's because the median income in Edmonds is $58,000, which means if you earn more than that you're earning more than 50% of the people living in Edmonds. The average salary in Edmonds is $66,654.
A good hourly wage in Edmonds 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 Edmonds.
Another way to calculate a good salary in Edmonds 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 $536,900, a good salary in Edmonds would be $107,380.
Lastly, we can determine a good salary in Edmonds by looking at the cost of living and comparing it to the US average salary. The cost of living in Edmonds is 48% higher than than the national average. The national average salary is $56,310, so a good salary in Edmonds is anything over $83,338 by this measure.
Average Annual Salary in Edmonds, WA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $29,000 | $2,416 | $557 | $13.94 |
| 25th | $40,000 | $3,333 | $769 | $19.23 |
| Median | $58,000 | $4,833 | $1,115 | $27.88 |
| 75th | $82,000 | $6,833 | $1,576 | $39.42 |
| 90th | $113,000 | $9,416 | $2,173 | $54.33 |
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