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This question is about Waltham, MA.
What is a good salary in Waltham, MA?
A good salary in Waltham, MA is anything over $78,000. That's because the median income in Waltham is $78,000, which means if you earn more than that you're earning more than 50% of the people living in Waltham. The average salary in Waltham is $90,644.
A good hourly wage in Waltham is $37.5 per hour. That works out to a good weekly wage of $1,500 per week and a good monthly wage of $6,500 per month. However, using the median income is only one way to calculate a good salary in Waltham.
Another way to calculate a good salary in Waltham 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 $536,500, a good salary in Waltham would be $107,300.
Lastly, we can determine a good salary in Waltham by looking at the cost of living and comparing it to the US average salary. The cost of living in Waltham is 48% higher than than the national average. The national average salary is $56,310, so a good salary in Waltham is anything over $83,338 by this measure.
Average Annual Salary in Waltham, MA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $39,000 | $3,250 | $750 | $18.75 |
| 25th | $54,000 | $4,500 | $1,038 | $25.96 |
| Median | $78,000 | $6,500 | $1,500 | $37.5 |
| 75th | $112,000 | $9,333 | $2,153 | $53.85 |
| 90th | $156,000 | $13,000 | $3,000 | $75.0 |
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