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This question is about Union City, NJ.
What is a good salary in Union City, NJ?
A good salary in Union City, NJ is anything over $62,000. That's because the median income in Union City is $62,000, which means if you earn more than that you're earning more than 50% of the people living in Union City. The average salary in Union City is $74,336.
A good hourly wage in Union City is $29.81 per hour. That works out to a good weekly wage of $1,192 per week and a good monthly wage of $5,166 per month. However, using the median income is only one way to calculate a good salary in Union City.
Another way to calculate a good salary in Union City 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 $340,800, a good salary in Union City would be $68,160.
Lastly, we can determine a good salary in Union City by looking at the cost of living and comparing it to the US average salary. The cost of living in Union City is 34% higher than than the national average. The national average salary is $56,310, so a good salary in Union City is anything over $75,455 by this measure.
Average Annual Salary in Union City, NJ
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $29,000 | $2,416 | $557 | $13.94 |
| 25th | $42,000 | $3,500 | $807 | $20.19 |
| Median | $62,000 | $5,166 | $1,192 | $29.81 |
| 75th | $92,000 | $7,666 | $1,769 | $44.23 |
| 90th | $132,000 | $11,000 | $2,538 | $63.46 |
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