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This question is about Novato, CA.
What is a good salary in Novato, CA?
A good salary in Novato, CA is anything over $76,000. That's because the median income in Novato is $76,000, which means if you earn more than that you're earning more than 50% of the people living in Novato. The average salary in Novato is $90,788.
A good hourly wage in Novato is $36.54 per hour. That works out to a good weekly wage of $1,461 per week and a good monthly wage of $6,333 per month. However, using the median income is only one way to calculate a good salary in Novato.
Another way to calculate a good salary in Novato 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 $782,500, a good salary in Novato would be $156,500.
Lastly, we can determine a good salary in Novato by looking at the cost of living and comparing it to the US average salary. The cost of living in Novato is 80% higher than than the national average. The national average salary is $56,310, so a good salary in Novato is anything over $101,358 by this measure.
Average Annual Salary in Novato, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $36,000 | $3,000 | $692 | $17.31 |
| 25th | $52,000 | $4,333 | $1,000 | $25.0 |
| Median | $76,000 | $6,333 | $1,461 | $36.54 |
| 75th | $113,000 | $9,416 | $2,173 | $54.33 |
| 90th | $160,000 | $13,333 | $3,076 | $76.92 |
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