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This question is about Galveston, TX.
What is a good salary in Galveston, TX?
A good salary in Galveston, TX is anything over $47,000. That's because the median income in Galveston is $47,000, which means if you earn more than that you're earning more than 50% of the people living in Galveston. The average salary in Galveston is $55,706.
A good hourly wage in Galveston is $22.6 per hour. That works out to a good weekly wage of $903 per week and a good monthly wage of $3,916 per month. However, using the median income is only one way to calculate a good salary in Galveston.
Another way to calculate a good salary in Galveston 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 $182,800, a good salary in Galveston would be $36,560.
Lastly, we can determine a good salary in Galveston by looking at the cost of living and comparing it to the US average salary. The cost of living in Galveston is 5% lower than than the national average. The national average salary is $56,310, so a good salary in Galveston is anything over $53,494 by this measure.
Average Annual Salary in Galveston, TX
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $32,000 | $2,666 | $615 | $15.38 |
| Median | $47,000 | $3,916 | $903 | $22.6 |
| 75th | $69,000 | $5,750 | $1,326 | $33.17 |
| 90th | $98,000 | $8,166 | $1,884 | $47.12 |
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