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This question is about Murray, UT.
What is a good salary in Murray, UT?
A good salary in Murray, UT is anything over $37,000. That's because the median income in Murray is $37,000, which means if you earn more than that you're earning more than 50% of the people living in Murray. The average salary in Murray is $41,022.
A good hourly wage in Murray is $17.79 per hour. That works out to a good weekly wage of $711 per week and a good monthly wage of $3,083 per month. However, using the median income is only one way to calculate a good salary in Murray.
Another way to calculate a good salary in Murray 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 $287,100, a good salary in Murray would be $57,420.
Lastly, we can determine a good salary in Murray by looking at the cost of living and comparing it to the US average salary. The cost of living in Murray is 7% higher than than the national average. The national average salary is $56,310, so a good salary in Murray is anything over $60,251 by this measure.
Average Annual Salary in Murray, UT
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $27,000 | $2,250 | $519 | $12.98 |
| Median | $37,000 | $3,083 | $711 | $17.79 |
| 75th | $50,000 | $4,166 | $961 | $24.04 |
| 90th | $65,000 | $5,416 | $1,250 | $31.25 |
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