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This question is about Grand Forks, ND.
What is a good salary in Grand Forks, ND?
A good salary in Grand Forks, ND is anything over $43,000. That's because the median income in Grand Forks is $43,000, which means if you earn more than that you're earning more than 50% of the people living in Grand Forks. The average salary in Grand Forks is $48,566.
A good hourly wage in Grand Forks is $20.67 per hour. That works out to a good weekly wage of $826 per week and a good monthly wage of $3,583 per month. However, using the median income is only one way to calculate a good salary in Grand Forks.
Another way to calculate a good salary in Grand Forks 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 $210,300, a good salary in Grand Forks would be $42,060.
Lastly, we can determine a good salary in Grand Forks by looking at the cost of living and comparing it to the US average salary. The cost of living in Grand Forks is 8% lower than than the national average. The national average salary is $56,310, so a good salary in Grand Forks is anything over $51,242 by this measure.
Average Annual Salary in Grand Forks, ND
| 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 | $43,000 | $3,583 | $826 | $20.67 |
| 75th | $59,000 | $4,916 | $1,134 | $28.37 |
| 90th | $80,000 | $6,666 | $1,538 | $38.46 |
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