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This question is about North Miami Beach, FL.
What is a good salary in North Miami Beach, FL?
A good salary in North Miami Beach, FL is anything over $36,000. That's because the median income in North Miami Beach is $36,000, which means if you earn more than that you're earning more than 50% of the people living in North Miami Beach. The average salary in North Miami Beach is $42,978.
A good hourly wage in North Miami Beach is $17.31 per hour. That works out to a good weekly wage of $692 per week and a good monthly wage of $3,000 per month. However, using the median income is only one way to calculate a good salary in North Miami Beach.
Another way to calculate a good salary in North Miami Beach 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 $194,300, a good salary in North Miami Beach would be $38,860.
Lastly, we can determine a good salary in North Miami Beach by looking at the cost of living and comparing it to the US average salary. The cost of living in North Miami Beach is 1% higher than than the national average. The national average salary is $56,310, so a good salary in North Miami Beach is anything over $56,873 by this measure.
Average Annual Salary in North Miami Beach, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $17,000 | $1,416 | $326 | $8.17 |
| 25th | $25,000 | $2,083 | $480 | $12.02 |
| Median | $36,000 | $3,000 | $692 | $17.31 |
| 75th | $53,000 | $4,416 | $1,019 | $25.48 |
| 90th | $75,000 | $6,250 | $1,442 | $36.06 |
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