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This question is about Lawrence, IN.
A good salary in Lawrence, IN is anything over $44,000. That's because the median income in Lawrence is $44,000, which means if you earn more than that you're earning more than 50% of the people living in Lawrence. The average salary in Lawrence is $51,944.
A good hourly wage in Lawrence is $21.15 per hour. That works out to a good weekly wage of $846 per week and a good monthly wage of $3,666 per month. However, using the median income is only one way to calculate a good salary in Lawrence.
Another way to calculate a good salary in Lawrence 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 $148,700, a good salary in Lawrence would be $29,740.
Lastly, we can determine a good salary in Lawrence by looking at the cost of living and comparing it to the US average salary. The cost of living in Lawrence is 10% lower than than the national average. The national average salary is $56,310, so a good salary in Lawrence is anything over $50,115 by this measure.
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $31,000 | $2,583 | $596 | $14.9 |
| Median | $44,000 | $3,666 | $846 | $21.15 |
| 75th | $64,000 | $5,333 | $1,230 | $30.77 |
| 90th | $89,000 | $7,416 | $1,711 | $42.79 |

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