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This question is about Grand Junction, CO.
What is a good salary in Grand Junction, CO?
A good salary in Grand Junction, CO is anything over $41,000. That's because the median income in Grand Junction is $41,000, which means if you earn more than that you're earning more than 50% of the people living in Grand Junction. The average salary in Grand Junction is $46,932.
A good hourly wage in Grand Junction is $19.71 per hour. That works out to a good weekly wage of $788 per week and a good monthly wage of $3,416 per month. However, using the median income is only one way to calculate a good salary in Grand Junction.
Another way to calculate a good salary in Grand Junction 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 $237,100, a good salary in Grand Junction would be $47,420.
Lastly, we can determine a good salary in Grand Junction by looking at the cost of living and comparing it to the US average salary. The cost of living in Grand Junction is 3% higher than than the national average. The national average salary is $56,310, so a good salary in Grand Junction is anything over $57,999 by this measure.
Average Annual Salary in Grand Junction, CO
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $29,000 | $2,416 | $557 | $13.94 |
| Median | $41,000 | $3,416 | $788 | $19.71 |
| 75th | $57,000 | $4,750 | $1,096 | $27.4 |
| 90th | $78,000 | $6,500 | $1,500 | $37.5 |
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