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This question is about Ocoee, FL.
What is a good salary in Ocoee, FL?
A good salary in Ocoee, FL is anything over $41,000. That's because the median income in Ocoee is $41,000, which means if you earn more than that you're earning more than 50% of the people living in Ocoee. The average salary in Ocoee is $49,727.
A good hourly wage in Ocoee is $19.71 per hour. That works out to a good weekly wage of $788 per week and a good monthly wage of $3,416 per month. However, using the median income is only one way to calculate a good salary in Ocoee.
Another way to calculate a good salary in Ocoee 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 $242,200, a good salary in Ocoee would be $48,440.
Lastly, we can determine a good salary in Ocoee by looking at the cost of living and comparing it to the US average salary. The cost of living in Ocoee is 1% lower than than the national average. The national average salary is $56,310, so a good salary in Ocoee is anything over $55,746 by this measure.
Average Annual Salary in Ocoee, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $19,000 | $1,583 | $365 | $9.13 |
| 25th | $28,000 | $2,333 | $538 | $13.46 |
| Median | $41,000 | $3,416 | $788 | $19.71 |
| 75th | $62,000 | $5,166 | $1,192 | $29.81 |
| 90th | $89,000 | $7,416 | $1,711 | $42.79 |
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