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This question is about Syracuse, NY.
What is a good salary in Syracuse, NY?
A good salary in Syracuse, NY is anything over $40,000. That's because the median income in Syracuse is $40,000, which means if you earn more than that you're earning more than 50% of the people living in Syracuse. The average salary in Syracuse is $45,924.
A good hourly wage in Syracuse is $19.23 per hour. That works out to a good weekly wage of $769 per week and a good monthly wage of $3,333 per month. However, using the median income is only one way to calculate a good salary in Syracuse.
Another way to calculate a good salary in Syracuse 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 $94,400, a good salary in Syracuse would be $18,880.
Lastly, we can determine a good salary in Syracuse by looking at the cost of living and comparing it to the US average salary. The cost of living in Syracuse is 12% lower than than the national average. The national average salary is $56,310, so a good salary in Syracuse is anything over $49,552 by this measure.
Average Annual Salary in Syracuse, NY
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $28,000 | $2,333 | $538 | $13.46 |
| Median | $40,000 | $3,333 | $769 | $19.23 |
| 75th | $56,000 | $4,666 | $1,076 | $26.92 |
| 90th | $77,000 | $6,416 | $1,480 | $37.02 |
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