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This question is about Hackensack, NJ.
What is a good salary in Hackensack, NJ?
A good salary in Hackensack, NJ is anything over $62,000. That's because the median income in Hackensack is $62,000, which means if you earn more than that you're earning more than 50% of the people living in Hackensack. The average salary in Hackensack is $71,929.
A good hourly wage in Hackensack is $29.81 per hour. That works out to a good weekly wage of $1,192 per week and a good monthly wage of $5,166 per month. However, using the median income is only one way to calculate a good salary in Hackensack.
Another way to calculate a good salary in Hackensack 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 $296,300, a good salary in Hackensack would be $59,260.
Lastly, we can determine a good salary in Hackensack by looking at the cost of living and comparing it to the US average salary. The cost of living in Hackensack is 36% higher than than the national average. The national average salary is $56,310, so a good salary in Hackensack is anything over $76,581 by this measure.
Average Annual Salary in Hackensack, NJ
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $30,000 | $2,500 | $576 | $14.42 |
| 25th | $43,000 | $3,583 | $826 | $20.67 |
| Median | $62,000 | $5,166 | $1,192 | $29.81 |
| 75th | $89,000 | $7,416 | $1,711 | $42.79 |
| 90th | $124,000 | $10,333 | $2,384 | $59.62 |
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