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This question is about Rancho Cordova, CA.
What is a good salary in Rancho Cordova, CA?
A good salary in Rancho Cordova, CA is anything over $52,000. That's because the median income in Rancho Cordova is $52,000, which means if you earn more than that you're earning more than 50% of the people living in Rancho Cordova. The average salary in Rancho Cordova is $60,541.
A good hourly wage in Rancho Cordova is $25.0 per hour. That works out to a good weekly wage of $1,000 per week and a good monthly wage of $4,333 per month. However, using the median income is only one way to calculate a good salary in Rancho Cordova.
Another way to calculate a good salary in Rancho Cordova 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 $299,800, a good salary in Rancho Cordova would be $59,960.
Lastly, we can determine a good salary in Rancho Cordova by looking at the cost of living and comparing it to the US average salary. The cost of living in Rancho Cordova is 15% higher than than the national average. The national average salary is $56,310, so a good salary in Rancho Cordova is anything over $65,319 by this measure.
Average Annual Salary in Rancho Cordova, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $27,000 | $2,250 | $519 | $12.98 |
| 25th | $37,000 | $3,083 | $711 | $17.79 |
| Median | $52,000 | $4,333 | $1,000 | $25.0 |
| 75th | $75,000 | $6,250 | $1,442 | $36.06 |
| 90th | $102,000 | $8,500 | $1,961 | $49.04 |
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