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This question is about Milpitas, CA.
What is a good salary in Milpitas, CA?
A good salary in Milpitas, CA is anything over $65,000. That's because the median income in Milpitas is $65,000, which means if you earn more than that you're earning more than 50% of the people living in Milpitas. The average salary in Milpitas is $75,329.
A good hourly wage in Milpitas is $31.25 per hour. That works out to a good weekly wage of $1,250 per week and a good monthly wage of $5,416 per month. However, using the median income is only one way to calculate a good salary in Milpitas.
Another way to calculate a good salary in Milpitas 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 $858,600, a good salary in Milpitas would be $171,720.
Lastly, we can determine a good salary in Milpitas by looking at the cost of living and comparing it to the US average salary. The cost of living in Milpitas is 80% higher than than the national average. The national average salary is $56,310, so a good salary in Milpitas is anything over $101,358 by this measure.
Average Annual Salary in Milpitas, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $33,000 | $2,750 | $634 | $15.87 |
| 25th | $45,000 | $3,750 | $865 | $21.63 |
| Median | $65,000 | $5,416 | $1,250 | $31.25 |
| 75th | $93,000 | $7,750 | $1,788 | $44.71 |
| 90th | $129,000 | $10,750 | $2,480 | $62.02 |
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