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This question is about Minot, ND.
What is a good salary in Minot, ND?
A good salary in Minot, ND is anything over $45,000. That's because the median income in Minot is $45,000, which means if you earn more than that you're earning more than 50% of the people living in Minot. The average salary in Minot is $50,850.
A good hourly wage in Minot is $21.63 per hour. That works out to a good weekly wage of $865 per week and a good monthly wage of $3,750 per month. However, using the median income is only one way to calculate a good salary in Minot.
Another way to calculate a good salary in Minot 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 $208,700, a good salary in Minot would be $41,740.
Lastly, we can determine a good salary in Minot by looking at the cost of living and comparing it to the US average salary. The cost of living in Minot is 2% higher than than the national average. The national average salary is $56,310, so a good salary in Minot is anything over $57,436 by this measure.
Average Annual Salary in Minot, ND
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $25,000 | $2,083 | $480 | $12.02 |
| 25th | $33,000 | $2,750 | $634 | $15.87 |
| Median | $45,000 | $3,750 | $865 | $21.63 |
| 75th | $62,000 | $5,166 | $1,192 | $29.81 |
| 90th | $82,000 | $6,833 | $1,576 | $39.42 |
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