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This question is about Philadelphia, PA.
What is a good salary in Philadelphia, PA?
A good salary in Philadelphia, PA is anything over $47,000. That's because the median income in Philadelphia is $47,000, which means if you earn more than that you're earning more than 50% of the people living in Philadelphia. The average salary in Philadelphia is $56,317.
A good hourly wage in Philadelphia is $22.6 per hour. That works out to a good weekly wage of $903 per week and a good monthly wage of $3,916 per month. However, using the median income is only one way to calculate a good salary in Philadelphia.
Another way to calculate a good salary in Philadelphia 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 $163,000, a good salary in Philadelphia would be $32,600.
Lastly, we can determine a good salary in Philadelphia by looking at the cost of living and comparing it to the US average salary. The cost of living in Philadelphia is 3% higher than than the national average. The national average salary is $56,310, so a good salary in Philadelphia is anything over $57,999 by this measure.
Average Annual Salary in Philadelphia, PA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $32,000 | $2,666 | $615 | $15.38 |
| Median | $47,000 | $3,916 | $903 | $22.6 |
| 75th | $70,000 | $5,833 | $1,346 | $33.65 |
| 90th | $99,000 | $8,250 | $1,903 | $47.6 |
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