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This question is about Pawtucket, RI.
What is a good salary in Pawtucket, RI?
A good salary in Pawtucket, RI is anything over $48,000. That's because the median income in Pawtucket is $48,000, which means if you earn more than that you're earning more than 50% of the people living in Pawtucket. The average salary in Pawtucket is $54,705.
A good hourly wage in Pawtucket 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 Pawtucket.
Another way to calculate a good salary in Pawtucket 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 $194,600, a good salary in Pawtucket would be $38,920.
Lastly, we can determine a good salary in Pawtucket by looking at the cost of living and comparing it to the US average salary. The cost of living in Pawtucket is 8% higher than than the national average. The national average salary is $56,310, so a good salary in Pawtucket is anything over $60,814 by this measure.
Average Annual Salary in Pawtucket, RI
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $25,000 | $2,083 | $480 | $12.02 |
| 25th | $34,000 | $2,833 | $653 | $16.35 |
| Median | $48,000 | $4,000 | $923 | $23.08 |
| 75th | $67,000 | $5,583 | $1,288 | $32.21 |
| 90th | $90,000 | $7,500 | $1,730 | $43.27 |
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