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This question is about Norman, OK.
What is a good salary in Norman, OK?
A good salary in Norman, OK is anything over $46,000. That's because the median income in Norman is $46,000, which means if you earn more than that you're earning more than 50% of the people living in Norman. The average salary in Norman is $53,316.
A good hourly wage in Norman is $22.12 per hour. That works out to a good weekly wage of $884 per week and a good monthly wage of $3,833 per month. However, using the median income is only one way to calculate a good salary in Norman.
Another way to calculate a good salary in Norman 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 $183,200, a good salary in Norman would be $36,640.
Lastly, we can determine a good salary in Norman by looking at the cost of living and comparing it to the US average salary. The cost of living in Norman is 6% lower than than the national average. The national average salary is $56,310, so a good salary in Norman is anything over $52,368 by this measure.
Average Annual Salary in Norman, OK
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $24,000 | $2,000 | $461 | $11.54 |
| 25th | $32,000 | $2,666 | $615 | $15.38 |
| Median | $46,000 | $3,833 | $884 | $22.12 |
| 75th | $66,000 | $5,500 | $1,269 | $31.73 |
| 90th | $90,000 | $7,500 | $1,730 | $43.27 |
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