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This question is about Lacey, WA.
What is a good salary in Lacey, WA?
A good salary in Lacey, WA is anything over $52,000. That's because the median income in Lacey is $52,000, which means if you earn more than that you're earning more than 50% of the people living in Lacey. The average salary in Lacey is $57,652.
A good hourly wage in Lacey 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 Lacey.
Another way to calculate a good salary in Lacey 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 $262,500, a good salary in Lacey would be $52,500.
Lastly, we can determine a good salary in Lacey by looking at the cost of living and comparing it to the US average salary. The cost of living in Lacey is 16% higher than than the national average. The national average salary is $56,310, so a good salary in Lacey is anything over $65,882 by this measure.
Average Annual Salary in Lacey, WA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $29,000 | $2,416 | $557 | $13.94 |
| 25th | $38,000 | $3,166 | $730 | $18.27 |
| Median | $52,000 | $4,333 | $1,000 | $25.0 |
| 75th | $70,000 | $5,833 | $1,346 | $33.65 |
| 90th | $93,000 | $7,750 | $1,788 | $44.71 |
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