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This question is about Mishawaka, IN.
What is a good salary in Mishawaka, IN?
A good salary in Mishawaka, IN is anything over $45,000. That's because the median income in Mishawaka is $45,000, which means if you earn more than that you're earning more than 50% of the people living in Mishawaka. The average salary in Mishawaka is $55,235.
A good hourly wage in Mishawaka 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 Mishawaka.
Another way to calculate a good salary in Mishawaka 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 $102,900, a good salary in Mishawaka would be $20,580.
Lastly, we can determine a good salary in Mishawaka by looking at the cost of living and comparing it to the US average salary. The cost of living in Mishawaka is 15% lower than than the national average. The national average salary is $56,310, so a good salary in Mishawaka is anything over $47,863 by this measure.
Average Annual Salary in Mishawaka, IN
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $30,000 | $2,500 | $576 | $14.42 |
| Median | $45,000 | $3,750 | $865 | $21.63 |
| 75th | $69,000 | $5,750 | $1,326 | $33.17 |
| 90th | $100,000 | $8,333 | $1,923 | $48.08 |
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