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This question is about Milwaukee, WI.
What is a good salary in Milwaukee, WI?
A good salary in Milwaukee, WI is anything over $39,000. That's because the median income in Milwaukee is $39,000, which means if you earn more than that you're earning more than 50% of the people living in Milwaukee. The average salary in Milwaukee is $43,149.
A good hourly wage in Milwaukee is $18.75 per hour. That works out to a good weekly wage of $750 per week and a good monthly wage of $3,250 per month. However, using the median income is only one way to calculate a good salary in Milwaukee.
Another way to calculate a good salary in Milwaukee 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 $122,100, a good salary in Milwaukee would be $24,420.
Lastly, we can determine a good salary in Milwaukee by looking at the cost of living and comparing it to the US average salary. The cost of living in Milwaukee is 13% lower than than the national average. The national average salary is $56,310, so a good salary in Milwaukee is anything over $48,989 by this measure.
Average Annual Salary in Milwaukee, WI
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $28,000 | $2,333 | $538 | $13.46 |
| Median | $39,000 | $3,250 | $750 | $18.75 |
| 75th | $52,000 | $4,333 | $1,000 | $25.0 |
| 90th | $69,000 | $5,750 | $1,326 | $33.17 |
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