The household range for middle class earners in Alabama is $17,807 to $91,778 with a median family income of $66,171, the sixth lowest in the country.
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What is considered a good salary in Alabama?
While ZipRecruiter is seeing salaries as high as $119,049 and as low as $17,945, the majority of salaries within the Average jobs category currently range between $43,330 (25th percentile) to $64,776 (75th percentile) with top earners (90th percentile) making $78,782 annually in Alabama.
How much do you have to make to live comfortably in Alabama?
To retire comfortably in the state of Alabama starting today, you will need to have saved at least $65,000. Here’s how we came to this amount.
What is considered middle class income in Alabama?
Here are the income levels that qualify Alabamians as middle class: 2-person family middle class income range: $37,172.94 to $110,964. 3-person family middle-class income range: $42,604.63 to $127,178. 4-person family middle-class income range: $52,438.89 to $156,534.
What is a good hourly pay in Alabama?
Hourly Salary in Alabama
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $47,269 | $23 |
| 75th Percentile | $35,452 | $17 |
| Average | $33,039 | $16 |
| 25th Percentile | $22,759 | $11 |
Is 100k a good salary in Alabama?
In fact, the definition of “rich” can vary widely from state-to-state.Alabama ranked eighth on the list for places where you can be considered “rich” if your household income is less than $100,000 a year. Alabama’s wealth threshold is $88,984.
What is upper class income in Alabama?
On the other end, the upper range of middle class earners are as low as $148,210 and as high as $295,250. The household range for middle class earners in Alabama is $17,807 to $91,778 with a median family income of $66,171, the sixth lowest in the country.
What is the poorest city in Alabama?
With a median household income of $9,286 (compared to $44,758 for the state), Oak Hill is the poorest community in Alabama.
What is Alabama minimum wage?
$7.25
Alabama is one of five states that hasn’t adopted a state minimum wage law, so it adheres to the federal minimum wage of $7.25, which hasn’t changed since 2009.
Is Alabama a cheap place to live?
Alabama has one of the lowest housing costs in the country. Most people generally take for granted that Alabama has one of the lowest costs of living in the country. It turns out, however, that there are 11 states that are cheaper to call home than Alabama.Alabama was ranked the 12th least-expensive state.
What is the average pay in Alabama?
The average annual pay in Alabama is $39,180, according to a new report from On Numbers. That ranks No. 37 in the nation among the 50 states and the District of Columbia. Average hourly pay for Alabama’s 1.8 million workers is $18.84, according to the study, which used data from the U.S. Bureau of Labor Statistics.
What is upper class salary?
What Is a Middle-Class Income?
| Income group | Income |
|---|---|
| Lower-middle class | $32,048 – $53,413 |
| Middle class | $53,413 – $106,827 |
| Upper-middle class | $106,827 – $373,894 |
| Rich | $373,894 and up |
How much is average income in Alabama?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2015-2019 | 24.9 |
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $50,536 |
What’s the highest paying job in Alabama?
Medical Director
Detailed List Of Highest Paying Jobs In Alabama
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Medical Director | $172,677 |
| 2 | Consultant And Sales Representative | $168,785 |
| 3 | Chief Executive Officer/chief Technology Officer | $167,851 |
| 4 | Chief Medical Officer | $165,646 |
How much money do you need to live in Alabama?
Alabama comes in on the low end of the scale. You’ll need $39,920 a year, or $3,326 a month, to afford the median rent in Alabama ($998) and adhere to the 30 percent threshold guide.
What is an average salary in the US?
According to the May 2020 National Occupational Employment and Wages Estimates by the BLS, the average salary in the United States is $56,310, with a median wage of $20.17 an hour. As of 2021, it’s estimated that women in the U.S. earn around 82 cents for every dollar that a man earns.
What is the top 5% income in the US?
Over this period, the mean household income for the low-paid workers in the lowest quintile went from 13,803 U.S. dollars in 1990 to 14,589 U.S. dollars in 2020, while the mean income of the top five percent increased from 262,274 U.S. dollars to 446,030 U.S. dollars over the same period.
What percentage of Americans make over 100k?
Percentage distribution of household income in the U.S. in 2020
| Annual household income in U.S. dollars | Percentage of U.S. households |
|---|---|
| 75,000 to 99,999 | 12.2% |
| 100,000 to 149,999 | 15.3% |
| 150,000 to 199,999 | 8% |
| 200,000 and over | 10.3% |
What is considered a high earner?
High earners, not rich yet (HENRYs) are individuals who currently have significant discretionary income and a strong chance of being wealthy in the future.
How wealthy is Alabama?
Alabama has the 38th-highest per capita income in the United States of America, at $18,189 (2000). Its personal per capita income is $26,338 (2003), the 40th-highest in the country.
What salary is considered middle class for a single person?
Range of household incomes needed to be considered middle class, by family size
| State | Single | Family of four |
|---|---|---|
| California | $29,851 – $89,552 | $59,702 – $179,105 |
| Colorado | $26,876 – $80,629 | $53,752 – $161,257 |
| Connecticut | $28,364 – $85,091 | $56,727 – $170,181 |
| Delaware | $26,146 – $78,437 | $52,291 – $156,873 |
