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This question is about Warwick, RI.
What is a good salary in Warwick, RI?
A good salary in Warwick, RI is anything over $54,000. That's because the median income in Warwick is $54,000, which means if you earn more than that you're earning more than 50% of the people living in Warwick. The average salary in Warwick is $61,105.
A good hourly wage in Warwick is $25.96 per hour. That works out to a good weekly wage of $1,038 per week and a good monthly wage of $4,500 per month. However, using the median income is only one way to calculate a good salary in Warwick.
Another way to calculate a good salary in Warwick 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 $225,300, a good salary in Warwick would be $45,060.
Lastly, we can determine a good salary in Warwick by looking at the cost of living and comparing it to the US average salary. The cost of living in Warwick is 13% higher than than the national average. The national average salary is $56,310, so a good salary in Warwick is anything over $64,193 by this measure.
Average Annual Salary in Warwick, RI
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $28,000 | $2,333 | $538 | $13.46 |
| 25th | $38,000 | $3,166 | $730 | $18.27 |
| Median | $54,000 | $4,500 | $1,038 | $25.96 |
| 75th | $75,000 | $6,250 | $1,442 | $36.06 |
| 90th | $101,000 | $8,416 | $1,942 | $48.56 |
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