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This question is about Palm Beach Gardens, FL.
What is a good salary in Palm Beach Gardens, FL?
A good salary in Palm Beach Gardens, FL is anything over $48,000. That's because the median income in Palm Beach Gardens is $48,000, which means if you earn more than that you're earning more than 50% of the people living in Palm Beach Gardens. The average salary in Palm Beach Gardens is $60,280.
A good hourly wage in Palm Beach Gardens is $23.08 per hour. That works out to a good weekly wage of $923 per week and a good monthly wage of $4,000 per month. However, using the median income is only one way to calculate a good salary in Palm Beach Gardens.
Another way to calculate a good salary in Palm Beach Gardens 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 $378,500, a good salary in Palm Beach Gardens would be $75,700.
Lastly, we can determine a good salary in Palm Beach Gardens by looking at the cost of living and comparing it to the US average salary. The cost of living in Palm Beach Gardens is 23% higher than than the national average. The national average salary is $56,310, so a good salary in Palm Beach Gardens is anything over $69,261 by this measure.
Average Annual Salary in Palm Beach Gardens, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $31,000 | $2,583 | $596 | $14.9 |
| Median | $48,000 | $4,000 | $923 | $23.08 |
| 75th | $75,000 | $6,250 | $1,442 | $36.06 |
| 90th | $111,000 | $9,250 | $2,134 | $53.37 |
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