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This question is about Tacoma, WA.

What is a good salary in Tacoma, WA?

By Zippia Team - Nov. 5, 2021

A good salary in Tacoma, WA is anything over $48,000. That's because the median income in Tacoma is $48,000, which means if you earn more than that you're earning more than 50% of the people living in Tacoma. The average salary in Tacoma is $53,447.

A good hourly wage in Tacoma 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 Tacoma.

Another way to calculate a good salary in Tacoma 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 $277,900, a good salary in Tacoma would be $55,580.

Lastly, we can determine a good salary in Tacoma by looking at the cost of living and comparing it to the US average salary. The cost of living in Tacoma is 12% higher than than the national average. The national average salary is $56,310, so a good salary in Tacoma is anything over $63,630 by this measure.

Average Annual Salary in Tacoma, WA

PercentileAnnual SalaryMonthly PayWeekly PayHourly Wage
10th$27,000$2,250$519$12.98
25th$36,000$3,000$692$17.31
Median$48,000$4,000$923$23.08
75th$65,000$5,416$1,250$31.25
90th$84,000$7,000$1,615$40.38

What is a good salary in Tacoma, WA?

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