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This question is about Trenton, NJ.
What is a good salary in Trenton, NJ?
A good salary in Trenton, NJ is anything over $48,000. That's because the median income in Trenton is $48,000, which means if you earn more than that you're earning more than 50% of the people living in Trenton. The average salary in Trenton is $55,250.
A good hourly wage in Trenton 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 Trenton.
Another way to calculate a good salary in Trenton 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 $95,800, a good salary in Trenton would be $19,160.
Lastly, we can determine a good salary in Trenton by looking at the cost of living and comparing it to the US average salary. The cost of living in Trenton is 4% lower than than the national average. The national average salary is $56,310, so a good salary in Trenton is anything over $54,057 by this measure.
Average Annual Salary in Trenton, NJ
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $24,000 | $2,000 | $461 | $11.54 |
| 25th | $33,000 | $2,750 | $634 | $15.87 |
| Median | $48,000 | $4,000 | $923 | $23.08 |
| 75th | $68,000 | $5,666 | $1,307 | $32.69 |
| 90th | $94,000 | $7,833 | $1,807 | $45.19 |
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