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This question is about Reading, PA.
What is a good salary in Reading, PA?
A good salary in Reading, PA is anything over $39,000. That's because the median income in Reading is $39,000, which means if you earn more than that you're earning more than 50% of the people living in Reading. The average salary in Reading is $46,140.
A good hourly wage in Reading is $18.75 per hour. That works out to a good weekly wage of $750 per week and a good monthly wage of $3,250 per month. However, using the median income is only one way to calculate a good salary in Reading.
Another way to calculate a good salary in Reading 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 $73,200, a good salary in Reading would be $14,640.
Lastly, we can determine a good salary in Reading by looking at the cost of living and comparing it to the US average salary. The cost of living in Reading is 13% lower than than the national average. The national average salary is $56,310, so a good salary in Reading is anything over $48,989 by this measure.
Average Annual Salary in Reading, PA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $20,000 | $1,666 | $384 | $9.62 |
| 25th | $27,000 | $2,250 | $519 | $12.98 |
| Median | $39,000 | $3,250 | $750 | $18.75 |
| 75th | $57,000 | $4,750 | $1,096 | $27.4 |
| 90th | $79,000 | $6,583 | $1,519 | $37.98 |
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