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This question is about Oakland, CA.
What is a good salary in Oakland, CA?
A good salary in Oakland, CA is anything over $64,000. That's because the median income in Oakland is $64,000, which means if you earn more than that you're earning more than 50% of the people living in Oakland. The average salary in Oakland is $75,677.
A good hourly wage in Oakland is $30.77 per hour. That works out to a good weekly wage of $1,230 per week and a good monthly wage of $5,333 per month. However, using the median income is only one way to calculate a good salary in Oakland.
Another way to calculate a good salary in Oakland 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 $687,400, a good salary in Oakland would be $137,480.
Lastly, we can determine a good salary in Oakland by looking at the cost of living and comparing it to the US average salary. The cost of living in Oakland is 57% higher than than the national average. The national average salary is $56,310, so a good salary in Oakland is anything over $88,406 by this measure.
Average Annual Salary in Oakland, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $30,000 | $2,500 | $576 | $14.42 |
| 25th | $43,000 | $3,583 | $826 | $20.67 |
| Median | $64,000 | $5,333 | $1,230 | $30.77 |
| 75th | $94,000 | $7,833 | $1,807 | $45.19 |
| 90th | $133,000 | $11,083 | $2,557 | $63.94 |
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