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This question is about Wyoming, MI.
What is a good salary in Wyoming, MI?
A good salary in Wyoming, MI is anything over $37,000. That's because the median income in Wyoming is $37,000, which means if you earn more than that you're earning more than 50% of the people living in Wyoming. The average salary in Wyoming is $42,001.
A good hourly wage in Wyoming is $17.79 per hour. That works out to a good weekly wage of $711 per week and a good monthly wage of $3,083 per month. However, using the median income is only one way to calculate a good salary in Wyoming.
Another way to calculate a good salary in Wyoming 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 $127,700, a good salary in Wyoming would be $25,540.
Lastly, we can determine a good salary in Wyoming by looking at the cost of living and comparing it to the US average salary. The cost of living in Wyoming is 13% lower than than the national average. The national average salary is $56,310, so a good salary in Wyoming is anything over $48,989 by this measure.
Average Annual Salary in Wyoming, MI
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $28,000 | $2,333 | $538 | $13.46 |
| Median | $37,000 | $3,083 | $711 | $17.79 |
| 75th | $51,000 | $4,250 | $980 | $24.52 |
| 90th | $67,000 | $5,583 | $1,288 | $32.21 |
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