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This question is about Renton, WA.
What is a good salary in Renton, WA?
A good salary in Renton, WA is anything over $53,000. That's because the median income in Renton is $53,000, which means if you earn more than that you're earning more than 50% of the people living in Renton. The average salary in Renton is $59,736.
A good hourly wage in Renton is $25.48 per hour. That works out to a good weekly wage of $1,019 per week and a good monthly wage of $4,416 per month. However, using the median income is only one way to calculate a good salary in Renton.
Another way to calculate a good salary in Renton 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 $400,500, a good salary in Renton would be $80,100.
Lastly, we can determine a good salary in Renton by looking at the cost of living and comparing it to the US average salary. The cost of living in Renton is 37% higher than than the national average. The national average salary is $56,310, so a good salary in Renton is anything over $77,144 by this measure.
Average Annual Salary in Renton, WA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $28,000 | $2,333 | $538 | $13.46 |
| 25th | $38,000 | $3,166 | $730 | $18.27 |
| Median | $53,000 | $4,416 | $1,019 | $25.48 |
| 75th | $73,000 | $6,083 | $1,403 | $35.1 |
| 90th | $99,000 | $8,250 | $1,903 | $47.6 |
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