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This question is about Iowa City, IA.
What is a good salary in Iowa City, IA?
A good salary in Iowa City, IA is anything over $52,000. That's because the median income in Iowa City is $52,000, which means if you earn more than that you're earning more than 50% of the people living in Iowa City. The average salary in Iowa City is $61,079.
A good hourly wage in Iowa City is $25.0 per hour. That works out to a good weekly wage of $1,000 per week and a good monthly wage of $4,333 per month. However, using the median income is only one way to calculate a good salary in Iowa City.
Another way to calculate a good salary in Iowa City 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 $215,100, a good salary in Iowa City would be $43,020.
Lastly, we can determine a good salary in Iowa City by looking at the cost of living and comparing it to the US average salary. The cost of living in Iowa City is 1% higher than than the national average. The national average salary is $56,310, so a good salary in Iowa City is anything over $56,873 by this measure.
Average Annual Salary in Iowa City, IA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $25,000 | $2,083 | $480 | $12.02 |
| 25th | $35,000 | $2,916 | $673 | $16.83 |
| Median | $52,000 | $4,333 | $1,000 | $25.0 |
| 75th | $76,000 | $6,333 | $1,461 | $36.54 |
| 90th | $107,000 | $8,916 | $2,057 | $51.44 |
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