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This question is about Hollywood, FL.
What is a good salary in Hollywood, FL?
A good salary in Hollywood, FL is anything over $43,000. That's because the median income in Hollywood is $43,000, which means if you earn more than that you're earning more than 50% of the people living in Hollywood. The average salary in Hollywood is $49,592.
A good hourly wage in Hollywood 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 Hollywood.
Another way to calculate a good salary in Hollywood 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 $254,000, a good salary in Hollywood would be $50,800.
Lastly, we can determine a good salary in Hollywood by looking at the cost of living and comparing it to the US average salary. The cost of living in Hollywood is 6% higher than than the national average. The national average salary is $56,310, so a good salary in Hollywood is anything over $59,688 by this measure.
Average Annual Salary in Hollywood, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $30,000 | $2,500 | $576 | $14.42 |
| Median | $43,000 | $3,583 | $826 | $20.67 |
| 75th | $61,000 | $5,083 | $1,173 | $29.33 |
| 90th | $84,000 | $7,000 | $1,615 | $40.38 |
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