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This question is about Janesville, WI.
What is a good salary in Janesville, WI?
A good salary in Janesville, WI is anything over $42,000. That's because the median income in Janesville is $42,000, which means if you earn more than that you're earning more than 50% of the people living in Janesville. The average salary in Janesville is $48,089.
A good hourly wage in Janesville is $20.19 per hour. That works out to a good weekly wage of $807 per week and a good monthly wage of $3,500 per month. However, using the median income is only one way to calculate a good salary in Janesville.
Another way to calculate a good salary in Janesville 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 $142,500, a good salary in Janesville would be $28,500.
Lastly, we can determine a good salary in Janesville by looking at the cost of living and comparing it to the US average salary. The cost of living in Janesville is 9% lower than than the national average. The national average salary is $56,310, so a good salary in Janesville is anything over $50,679 by this measure.
Average Annual Salary in Janesville, WI
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $30,000 | $2,500 | $576 | $14.42 |
| Median | $42,000 | $3,500 | $807 | $20.19 |
| 75th | $59,000 | $4,916 | $1,134 | $28.37 |
| 90th | $80,000 | $6,666 | $1,538 | $38.46 |
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