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This question is about Moline, IL.
What is a good salary in Moline, IL?
A good salary in Moline, IL is anything over $42,000. That's because the median income in Moline is $42,000, which means if you earn more than that you're earning more than 50% of the people living in Moline. The average salary in Moline is $48,138.
A good hourly wage in Moline is $20.19 per hour. That works out to a good weekly wage of $807 per week and a good monthly wage of $3,500 per month. However, using the median income is only one way to calculate a good salary in Moline.
Another way to calculate a good salary in Moline 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 $119,500, a good salary in Moline would be $23,900.
Lastly, we can determine a good salary in Moline by looking at the cost of living and comparing it to the US average salary. The cost of living in Moline is 10% lower than than the national average. The national average salary is $56,310, so a good salary in Moline is anything over $50,115 by this measure.
Average Annual Salary in Moline, IL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $30,000 | $2,500 | $576 | $14.42 |
| Median | $42,000 | $3,500 | $807 | $20.19 |
| 75th | $59,000 | $4,916 | $1,134 | $28.37 |
| 90th | $79,000 | $6,583 | $1,519 | $37.98 |
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