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This question is about Orem, UT.
What is a good salary in Orem, UT?
A good salary in Orem, UT is anything over $51,000. That's because the median income in Orem is $51,000, which means if you earn more than that you're earning more than 50% of the people living in Orem. The average salary in Orem is $60,885.
A good hourly wage in Orem is $24.52 per hour. That works out to a good weekly wage of $980 per week and a good monthly wage of $4,250 per month. However, using the median income is only one way to calculate a good salary in Orem.
Another way to calculate a good salary in Orem 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 $272,000, a good salary in Orem would be $54,400.
Lastly, we can determine a good salary in Orem by looking at the cost of living and comparing it to the US average salary. The cost of living in Orem is 1% higher than than the national average. The national average salary is $56,310, so a good salary in Orem is anything over $56,873 by this measure.
Average Annual Salary in Orem, UT
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $24,000 | $2,000 | $461 | $11.54 |
| 25th | $34,000 | $2,833 | $653 | $16.35 |
| Median | $51,000 | $4,250 | $980 | $24.52 |
| 75th | $76,000 | $6,333 | $1,461 | $36.54 |
| 90th | $107,000 | $8,916 | $2,057 | $51.44 |
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