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This question is about Plantation, FL.
What is a good salary in Plantation, FL?
A good salary in Plantation, FL is anything over $47,000. That's because the median income in Plantation is $47,000, which means if you earn more than that you're earning more than 50% of the people living in Plantation. The average salary in Plantation is $54,657.
A good hourly wage in Plantation 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 Plantation.
Another way to calculate a good salary in Plantation 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 $330,900, a good salary in Plantation would be $66,180.
Lastly, we can determine a good salary in Plantation by looking at the cost of living and comparing it to the US average salary. The cost of living in Plantation is 17% higher than than the national average. The national average salary is $56,310, so a good salary in Plantation is anything over $66,445 by this measure.
Average Annual Salary in Plantation, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $32,000 | $2,666 | $615 | $15.38 |
| Median | $47,000 | $3,916 | $903 | $22.6 |
| 75th | $67,000 | $5,583 | $1,288 | $32.21 |
| 90th | $94,000 | $7,833 | $1,807 | $45.19 |
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