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This question is about Newton, MA.
What is a good salary in Newton, MA?
A good salary in Newton, MA is anything over $89,000. That's because the median income in Newton is $89,000, which means if you earn more than that you're earning more than 50% of the people living in Newton. The average salary in Newton is $105,683.
A good hourly wage in Newton is $42.79 per hour. That works out to a good weekly wage of $1,711 per week and a good monthly wage of $7,416 per month. However, using the median income is only one way to calculate a good salary in Newton.
Another way to calculate a good salary in Newton 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 $914,700, a good salary in Newton would be $182,940.
Lastly, we can determine a good salary in Newton by looking at the cost of living and comparing it to the US average salary. The cost of living in Newton is 90% higher than than the national average. The national average salary is $56,310, so a good salary in Newton is anything over $107,552 by this measure.
Average Annual Salary in Newton, MA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $42,000 | $3,500 | $807 | $20.19 |
| 25th | $60,000 | $5,000 | $1,153 | $28.85 |
| Median | $89,000 | $7,416 | $1,711 | $42.79 |
| 75th | $132,000 | $11,000 | $2,538 | $63.46 |
| 90th | $187,000 | $15,583 | $3,596 | $89.9 |
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