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This question is about Santa Cruz, CA.
What is a good salary in Santa Cruz, CA?
A good salary in Santa Cruz, CA is anything over $70,000. That's because the median income in Santa Cruz is $70,000, which means if you earn more than that you're earning more than 50% of the people living in Santa Cruz. The average salary in Santa Cruz is $80,258.
A good hourly wage in Santa Cruz is $33.65 per hour. That works out to a good weekly wage of $1,346 per week and a good monthly wage of $5,833 per month. However, using the median income is only one way to calculate a good salary in Santa Cruz.
Another way to calculate a good salary in Santa Cruz 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 $854,200, a good salary in Santa Cruz would be $170,840.
Lastly, we can determine a good salary in Santa Cruz by looking at the cost of living and comparing it to the US average salary. The cost of living in Santa Cruz is 85% higher than than the national average. The national average salary is $56,310, so a good salary in Santa Cruz is anything over $104,173 by this measure.
Average Annual Salary in Santa Cruz, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $36,000 | $3,000 | $692 | $17.31 |
| 25th | $49,000 | $4,083 | $942 | $23.56 |
| Median | $70,000 | $5,833 | $1,346 | $33.65 |
| 75th | $99,000 | $8,250 | $1,903 | $47.6 |
| 90th | $136,000 | $11,333 | $2,615 | $65.38 |
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