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This question is about Evansville, IN.
What is a good salary in Evansville, IN?
A good salary in Evansville, IN is anything over $40,000. That's because the median income in Evansville is $40,000, which means if you earn more than that you're earning more than 50% of the people living in Evansville. The average salary in Evansville is $46,332.
A good hourly wage in Evansville is $19.23 per hour. That works out to a good weekly wage of $769 per week and a good monthly wage of $3,333 per month. However, using the median income is only one way to calculate a good salary in Evansville.
Another way to calculate a good salary in Evansville 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 $94,200, a good salary in Evansville would be $18,840.
Lastly, we can determine a good salary in Evansville by looking at the cost of living and comparing it to the US average salary. The cost of living in Evansville is 15% lower than than the national average. The national average salary is $56,310, so a good salary in Evansville is anything over $47,863 by this measure.
Average Annual Salary in Evansville, IN
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $29,000 | $2,416 | $557 | $13.94 |
| Median | $40,000 | $3,333 | $769 | $19.23 |
| 75th | $57,000 | $4,750 | $1,096 | $27.4 |
| 90th | $77,000 | $6,416 | $1,480 | $37.02 |
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