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This question is about Euclid, OH.
What is a good salary in Euclid, OH?
A good salary in Euclid, OH is anything over $49,000. That's because the median income in Euclid is $49,000, which means if you earn more than that you're earning more than 50% of the people living in Euclid. The average salary in Euclid is $57,294.
A good hourly wage in Euclid is $23.56 per hour. That works out to a good weekly wage of $942 per week and a good monthly wage of $4,083 per month. However, using the median income is only one way to calculate a good salary in Euclid.
Another way to calculate a good salary in Euclid 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 $82,600, a good salary in Euclid would be $16,520.
Lastly, we can determine a good salary in Euclid by looking at the cost of living and comparing it to the US average salary. The cost of living in Euclid is 13% lower than than the national average. The national average salary is $56,310, so a good salary in Euclid is anything over $48,989 by this measure.
Average Annual Salary in Euclid, OH
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $25,000 | $2,083 | $480 | $12.02 |
| 25th | $35,000 | $2,916 | $673 | $16.83 |
| Median | $49,000 | $4,083 | $942 | $23.56 |
| 75th | $71,000 | $5,916 | $1,365 | $34.13 |
| 90th | $97,000 | $8,083 | $1,865 | $46.63 |
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