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This question is about Lowell, MA.
What is a good salary in Lowell, MA?
A good salary in Lowell, MA is anything over $44,000. That's because the median income in Lowell is $44,000, which means if you earn more than that you're earning more than 50% of the people living in Lowell. The average salary in Lowell is $49,397.
A good hourly wage in Lowell 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 Lowell.
Another way to calculate a good salary in Lowell 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 $269,800, a good salary in Lowell would be $53,960.
Lastly, we can determine a good salary in Lowell by looking at the cost of living and comparing it to the US average salary. The cost of living in Lowell is 20% higher than than the national average. The national average salary is $56,310, so a good salary in Lowell is anything over $68,135 by this measure.
Average Annual Salary in Lowell, MA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $24,000 | $2,000 | $461 | $11.54 |
| 25th | $32,000 | $2,666 | $615 | $15.38 |
| Median | $44,000 | $3,666 | $846 | $21.15 |
| 75th | $60,000 | $5,000 | $1,153 | $28.85 |
| 90th | $79,000 | $6,583 | $1,519 | $37.98 |
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