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This question is about Mount Vernon, NY.
What is a good salary in Mount Vernon, NY?
A good salary in Mount Vernon, NY is anything over $69,000. That's because the median income in Mount Vernon is $69,000, which means if you earn more than that you're earning more than 50% of the people living in Mount Vernon. The average salary in Mount Vernon is $85,554.
A good hourly wage in Mount Vernon is $33.17 per hour. That works out to a good weekly wage of $1,326 per week and a good monthly wage of $5,750 per month. However, using the median income is only one way to calculate a good salary in Mount Vernon.
Another way to calculate a good salary in Mount Vernon 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 $362,200, a good salary in Mount Vernon would be $72,440.
Lastly, we can determine a good salary in Mount Vernon by looking at the cost of living and comparing it to the US average salary. The cost of living in Mount Vernon is 42% higher than than the national average. The national average salary is $56,310, so a good salary in Mount Vernon is anything over $80,523 by this measure.
Average Annual Salary in Mount Vernon, NY
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $30,000 | $2,500 | $576 | $14.42 |
| 25th | $45,000 | $3,750 | $865 | $21.63 |
| Median | $69,000 | $5,750 | $1,326 | $33.17 |
| 75th | $107,000 | $8,916 | $2,057 | $51.44 |
| 90th | $158,000 | $13,166 | $3,038 | $75.96 |
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