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This question is about Montebello, CA.
What is a good salary in Montebello, CA?
A good salary in Montebello, CA is anything over $40,000. That's because the median income in Montebello is $40,000, which means if you earn more than that you're earning more than 50% of the people living in Montebello. The average salary in Montebello is $45,782.
A good hourly wage in Montebello is $19.23 per hour. That works out to a good weekly wage of $769 per week and a good monthly wage of $3,333 per month. However, using the median income is only one way to calculate a good salary in Montebello.
Another way to calculate a good salary in Montebello 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 $492,300, a good salary in Montebello would be $98,460.
Lastly, we can determine a good salary in Montebello by looking at the cost of living and comparing it to the US average salary. The cost of living in Montebello is 39% higher than than the national average. The national average salary is $56,310, so a good salary in Montebello is anything over $78,834 by this measure.
Average Annual Salary in Montebello, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $28,000 | $2,333 | $538 | $13.46 |
| Median | $40,000 | $3,333 | $769 | $19.23 |
| 75th | $56,000 | $4,666 | $1,076 | $26.92 |
| 90th | $76,000 | $6,333 | $1,461 | $36.54 |
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