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This question is about Washington, DC.
What is a good salary in Washington, DC?
A good salary in Washington, DC is anything over $72,000. That's because the median income in Washington is $72,000, which means if you earn more than that you're earning more than 50% of the people living in Washington. The average salary in Washington is $84,081.
A good hourly wage in Washington is $34.62 per hour. That works out to a good weekly wage of $1,384 per week and a good monthly wage of $6,000 per month. However, using the median income is only one way to calculate a good salary in Washington.
Another way to calculate a good salary in Washington 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 $601,500, a good salary in Washington would be $120,300.
Lastly, we can determine a good salary in Washington by looking at the cost of living and comparing it to the US average salary. The cost of living in Washington is 51% higher than than the national average. The national average salary is $56,310, so a good salary in Washington is anything over $85,028 by this measure.
Average Annual Salary in Washington, DC
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $36,000 | $3,000 | $692 | $17.31 |
| 25th | $50,000 | $4,166 | $961 | $24.04 |
| Median | $72,000 | $6,000 | $1,384 | $34.62 |
| 75th | $104,000 | $8,666 | $2,000 | $50.0 |
| 90th | $145,000 | $12,083 | $2,788 | $69.71 |
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