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This question is about Lynwood, CA.
What is a good salary in Lynwood, CA?
A good salary in Lynwood, CA is anything over $32,000. That's because the median income in Lynwood is $32,000, which means if you earn more than that you're earning more than 50% of the people living in Lynwood. The average salary in Lynwood is $35,871.
A good hourly wage in Lynwood is $15.38 per hour. That works out to a good weekly wage of $615 per week and a good monthly wage of $2,666 per month. However, using the median income is only one way to calculate a good salary in Lynwood.
Another way to calculate a good salary in Lynwood 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 $399,100, a good salary in Lynwood would be $79,820.
Lastly, we can determine a good salary in Lynwood by looking at the cost of living and comparing it to the US average salary. The cost of living in Lynwood is 27% higher than than the national average. The national average salary is $56,310, so a good salary in Lynwood is anything over $71,513 by this measure.
Average Annual Salary in Lynwood, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $18,000 | $1,500 | $346 | $8.65 |
| 25th | $24,000 | $2,000 | $461 | $11.54 |
| Median | $32,000 | $2,666 | $615 | $15.38 |
| 75th | $43,000 | $3,583 | $826 | $20.67 |
| 90th | $56,000 | $4,666 | $1,076 | $26.92 |
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