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This question is about Phoenix, AZ.
What is a good salary in Phoenix, AZ?
A good salary in Phoenix, AZ is anything over $42,000. That's because the median income in Phoenix is $42,000, which means if you earn more than that you're earning more than 50% of the people living in Phoenix. The average salary in Phoenix is $50,474.
A good hourly wage in Phoenix is $20.19 per hour. That works out to a good weekly wage of $807 per week and a good monthly wage of $3,500 per month. However, using the median income is only one way to calculate a good salary in Phoenix.
Another way to calculate a good salary in Phoenix 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 $235,400, a good salary in Phoenix would be $47,080.
Lastly, we can determine a good salary in Phoenix by looking at the cost of living and comparing it to the US average salary. The cost of living in Phoenix is 2% lower than than the national average. The national average salary is $56,310, so a good salary in Phoenix is anything over $55,183 by this measure.
Average Annual Salary in Phoenix, AZ
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $20,000 | $1,666 | $384 | $9.62 |
| 25th | $28,000 | $2,333 | $538 | $13.46 |
| Median | $42,000 | $3,500 | $807 | $20.19 |
| 75th | $63,000 | $5,250 | $1,211 | $30.29 |
| 90th | $89,000 | $7,416 | $1,711 | $42.79 |
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