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This question is about Reno, NV.
What is a good salary in Reno, NV?
A good salary in Reno, NV is anything over $47,000. That's because the median income in Reno is $47,000, which means if you earn more than that you're earning more than 50% of the people living in Reno. The average salary in Reno is $56,935.
A good hourly wage in Reno 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 Reno.
Another way to calculate a good salary in Reno 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 $335,000, a good salary in Reno would be $67,000.
Lastly, we can determine a good salary in Reno by looking at the cost of living and comparing it to the US average salary. The cost of living in Reno is 10% higher than than the national average. The national average salary is $56,310, so a good salary in Reno is anything over $61,941 by this measure.
Average Annual Salary in Reno, NV
| 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 | $71,000 | $5,916 | $1,365 | $34.13 |
| 90th | $101,000 | $8,416 | $1,942 | $48.56 |
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