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This question is about Revere, MA.
What is a good salary in Revere, MA?
A good salary in Revere, MA is anything over $48,000. That's because the median income in Revere is $48,000, which means if you earn more than that you're earning more than 50% of the people living in Revere. The average salary in Revere is $53,568.
A good hourly wage in Revere is $23.08 per hour. That works out to a good weekly wage of $923 per week and a good monthly wage of $4,000 per month. However, using the median income is only one way to calculate a good salary in Revere.
Another way to calculate a good salary in Revere 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 $373,800, a good salary in Revere would be $74,760.
Lastly, we can determine a good salary in Revere by looking at the cost of living and comparing it to the US average salary. The cost of living in Revere is 33% higher than than the national average. The national average salary is $56,310, so a good salary in Revere is anything over $74,892 by this measure.
Average Annual Salary in Revere, MA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $26,000 | $2,166 | $500 | $12.5 |
| 25th | $35,000 | $2,916 | $673 | $16.83 |
| Median | $48,000 | $4,000 | $923 | $23.08 |
| 75th | $65,000 | $5,416 | $1,250 | $31.25 |
| 90th | $87,000 | $7,250 | $1,673 | $41.83 |
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