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This question is about Fall River, MA.
What is a good salary in Fall River, MA?
A good salary in Fall River, MA is anything over $42,000. That's because the median income in Fall River is $42,000, which means if you earn more than that you're earning more than 50% of the people living in Fall River. The average salary in Fall River is $46,877.
A good hourly wage in Fall River is $20.19 per hour. That works out to a good weekly wage of $807 per week and a good monthly wage of $3,500 per month. However, using the median income is only one way to calculate a good salary in Fall River.
Another way to calculate a good salary in Fall River 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 $242,200, a good salary in Fall River would be $48,440.
Lastly, we can determine a good salary in Fall River by looking at the cost of living and comparing it to the US average salary. The cost of living in Fall River is 13% higher than than the national average. The national average salary is $56,310, so a good salary in Fall River is anything over $64,193 by this measure.
Average Annual Salary in Fall River, MA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $31,000 | $2,583 | $596 | $14.9 |
| Median | $42,000 | $3,500 | $807 | $20.19 |
| 75th | $57,000 | $4,750 | $1,096 | $27.4 |
| 90th | $75,000 | $6,250 | $1,442 | $36.06 |
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