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This question is about Midland, MI.
What is a good salary in Midland, MI?
A good salary in Midland, MI is anything over $44,000. That's because the median income in Midland is $44,000, which means if you earn more than that you're earning more than 50% of the people living in Midland. The average salary in Midland is $50,581.
A good hourly wage in Midland 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 Midland.
Another way to calculate a good salary in Midland 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 $150,400, a good salary in Midland would be $30,080.
Lastly, we can determine a good salary in Midland by looking at the cost of living and comparing it to the US average salary. The cost of living in Midland is 8% lower than than the national average. The national average salary is $56,310, so a good salary in Midland is anything over $51,242 by this measure.
Average Annual Salary in Midland, MI
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $31,000 | $2,583 | $596 | $14.9 |
| Median | $44,000 | $3,666 | $846 | $21.15 |
| 75th | $62,000 | $5,166 | $1,192 | $29.81 |
| 90th | $84,000 | $7,000 | $1,615 | $40.38 |
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