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This question is about Pensacola, FL.
What is a good salary in Pensacola, FL?
A good salary in Pensacola, FL is anything over $34,000. That's because the median income in Pensacola is $34,000, which means if you earn more than that you're earning more than 50% of the people living in Pensacola. The average salary in Pensacola is $40,859.
A good hourly wage in Pensacola is $16.35 per hour. That works out to a good weekly wage of $653 per week and a good monthly wage of $2,833 per month. However, using the median income is only one way to calculate a good salary in Pensacola.
Another way to calculate a good salary in Pensacola 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 $182,800, a good salary in Pensacola would be $36,560.
Lastly, we can determine a good salary in Pensacola by looking at the cost of living and comparing it to the US average salary. The cost of living in Pensacola is 6% lower than than the national average. The national average salary is $56,310, so a good salary in Pensacola is anything over $52,931 by this measure.
Average Annual Salary in Pensacola, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $16,000 | $1,333 | $307 | $7.69 |
| 25th | $23,000 | $1,916 | $442 | $11.06 |
| Median | $34,000 | $2,833 | $653 | $16.35 |
| 75th | $51,000 | $4,250 | $980 | $24.52 |
| 90th | $71,000 | $5,916 | $1,365 | $34.13 |
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