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This question is about New Brunswick, NJ.
What is a good salary in New Brunswick, NJ?
A good salary in New Brunswick, NJ is anything over $49,000. That's because the median income in New Brunswick is $49,000, which means if you earn more than that you're earning more than 50% of the people living in New Brunswick. The average salary in New Brunswick is $58,603.
A good hourly wage in New Brunswick is $23.56 per hour. That works out to a good weekly wage of $942 per week and a good monthly wage of $4,083 per month. However, using the median income is only one way to calculate a good salary in New Brunswick.
Another way to calculate a good salary in New Brunswick 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 $251,100, a good salary in New Brunswick would be $50,220.
Lastly, we can determine a good salary in New Brunswick by looking at the cost of living and comparing it to the US average salary. The cost of living in New Brunswick is 17% higher than than the national average. The national average salary is $56,310, so a good salary in New Brunswick is anything over $66,445 by this measure.
Average Annual Salary in New Brunswick, NJ
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $33,000 | $2,750 | $634 | $15.87 |
| Median | $49,000 | $4,083 | $942 | $23.56 |
| 75th | $73,000 | $6,083 | $1,403 | $35.1 |
| 90th | $103,000 | $8,583 | $1,980 | $49.52 |
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