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This question is about Spokane Valley, WA.
What is a good salary in Spokane Valley, WA?
A good salary in Spokane Valley, WA is anything over $44,000. That's because the median income in Spokane Valley is $44,000, which means if you earn more than that you're earning more than 50% of the people living in Spokane Valley. The average salary in Spokane Valley is $50,372.
A good hourly wage in Spokane Valley is $21.15 per hour. That works out to a good weekly wage of $846 per week and a good monthly wage of $3,666 per month. However, using the median income is only one way to calculate a good salary in Spokane Valley.
Another way to calculate a good salary in Spokane Valley 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 $204,700, a good salary in Spokane Valley would be $40,940.
Lastly, we can determine a good salary in Spokane Valley by looking at the cost of living and comparing it to the US average salary. The cost of living in Spokane Valley is 3% higher than than the national average. The national average salary is $56,310, so a good salary in Spokane Valley is anything over $57,999 by this measure.
Average Annual Salary in Spokane Valley, WA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $22,000 | $1,833 | $423 | $10.58 |
| 25th | $31,000 | $2,583 | $596 | $14.9 |
| Median | $44,000 | $3,666 | $846 | $21.15 |
| 75th | $62,000 | $5,166 | $1,192 | $29.81 |
| 90th | $85,000 | $7,083 | $1,634 | $40.87 |
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