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This question is about Evanston, IL.
What is a good salary in Evanston, IL?
A good salary in Evanston, IL is anything over $65,000. That's because the median income in Evanston is $65,000, which means if you earn more than that you're earning more than 50% of the people living in Evanston. The average salary in Evanston is $78,232.
A good hourly wage in Evanston is $31.25 per hour. That works out to a good weekly wage of $1,250 per week and a good monthly wage of $5,416 per month. However, using the median income is only one way to calculate a good salary in Evanston.
Another way to calculate a good salary in Evanston 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 $391,400, a good salary in Evanston would be $78,280.
Lastly, we can determine a good salary in Evanston by looking at the cost of living and comparing it to the US average salary. The cost of living in Evanston is 28% higher than than the national average. The national average salary is $56,310, so a good salary in Evanston is anything over $72,076 by this measure.
Average Annual Salary in Evanston, IL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $30,000 | $2,500 | $576 | $14.42 |
| 25th | $44,000 | $3,666 | $846 | $21.15 |
| Median | $65,000 | $5,416 | $1,250 | $31.25 |
| 75th | $97,000 | $8,083 | $1,865 | $46.63 |
| 90th | $139,000 | $11,583 | $2,673 | $66.83 |
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