Average Salary in Phoenix, AZ
Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $86,607 | $7,217 |
75th Percentile | $71,210 | $5,934 |
Average | $59,793 | $4,982 |
25th Percentile | $47,634 | $3,969 |
Contents
What is considered a good salary in Phoenix Arizona?
What are Top 10 Highest Paying Cities for Average Jobs in Arizona
City | Annual Salary | Hourly Wage |
---|---|---|
Surprise | $62,497 | $30.05 |
Scottsdale | $61,502 | $29.57 |
Tempe | $59,954 | $28.82 |
Phoenix | $59,794 | $28.75 |
What salary do you need to live comfortably in Phoenix?
Phoenix. The nation’s fifth-most populous city has a median income a little over $52,000 a year. That’s a decent wage compared to many of the cities in this study, but it’s also about $34,000 short of what you need to live comfortably for both renters and buyers.
Is 100k a good salary in Phoenix?
With its relative affordability compared to other markets, if you earn $100,000 a year in Phoenix, your money goes pretty far.After taxes and essentials such as rent and groceries, Phoenix workers earning $100,000 a year have $36,323 left over — a little more than a third.
Is 40000 a year good in Arizona?
Even after 11 years of inflation you should be able to live decently on $40,000. You won’t be rubbing elbows with the folks at the Biltmore, but you can definitely live in the Phoenix metro area as a single person on $40,000.
Is 105 000 a good salary?
The research found the optimal income for life satisfaction in North America is $105,000 per year. If your income exceeds that amount, it has been found that whatever you make beyond that level is not associated with greater life satisfaction.
What is a high salary in Arizona?
Highest Salary in Arizona
Annual Salary | Hourly Wage | |
---|---|---|
Top Earners | $177,930 | $86 |
75th Percentile | $139,371 | $67 |
Average | $103,700 | $50 |
25th Percentile | $72,472 | $35 |
Is 110000 a good salary?
If you wonder is $110,000 a year is a good salary, consider this. The minimum wage in the United States is $7.25 an hour. If you make $110,000 a year, you make $52.88 per hour – you make more than 7 times the minimum wage.
Is 70000 a good salary?
According to the Bureau of Labor Statistics, the median salary of all individual workers (male and female of all races) was $881 weekly for the first quarter of 2018.An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
Is 75k a good salary?
According to the census, the national average household income in 2019 was $68,703. A living wage would fall below this number while an ideal wage would exceed this number. Given this, a good salary would be $75,000.In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.
What is a good salary to live in Arizona?
To live comfortably in Arizona, a renter should earn at least $3,570 before taxes each month. This translates to an annual pre-tax salary of $42,840. You can use our rent calculator to help you determine how much you can afford to spend on rent each month.
How can I make a lot of money in Arizona?
6 Side Hustles Anyone Can Do To Earn Extra Cash
- Pet Sitting. Why not earn some extra cash while watching some furry friends?
- Online Surveys. Taking surveys in your spare time can be a great way to earn some extra money.
- Yard Work.
- Upcycle or Refurbish Furniture.
- Ride-Sharing or Food Delivery.
- Tutoring.
Is it worth living in Phoenix?
The cost of living in Phoenix is lower than the national average.For those who live on a fixed income, like retirees, Phoenix is an ideal location because not only does it have a low cost of living, but property taxes are also lower than other large retirement destinations like Boca Raton or Orlando.
What is middle class in Arizona?
Range of household incomes needed to be considered middle class, by family size
State | Single | Couple |
---|---|---|
Alaska | $27,502 – $82,507 | $38,894 – $116,683 |
Arizona | $25,024 – $75,071 | $35,389 – $106,166 |
Arkansas | $22,675 – $68,025 | $32,067 – $96,202 |
California | $29,851 – $89,552 | $42,215 – $126,646 |
Is 80k a year good in Arizona?
Depending upon the number of persons in a household, $70K can do quite decently here, especially if you are single and willing to live in a condo or apartment. It will go much further here than in the major coastal cities east and west. $70K is a good salary compared to the Phoenix median family income of about $53K.
What’s considered a living wage?
The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.
What salary is upper middle class?
Those who earn more than $373,894 are rich.
What Is a Middle-Class Income?
Income group | Income |
---|---|
Poor or near-poor | $32,048 or less |
Lower-middle class | $32,048 – $53,413 |
Middle class | $53,413 – $106,827 |
Upper-middle class | $106,827 – $373,894 |
How much is rich?
Schwab conducted a Modern Wealth survey in 2021 and found that Americans believe you need an average personal net worth of $1.9 million in order to be considered wealthy. This would mean that the value of the property you owned, minus everything you owe, would need to add up to almost $2 million.
Is 160k a good family income?
According to the U.S. Census Bureau, about half of all U.S. households earn $65,700 or more per year.In some parts of the country, an annual household income of $94,750 is enough. In others, a minimum household income of over $170,000 is required to rank among the highest earners.
What jobs pay well in Arizona?
Detailed List Of Highest Paying Jobs In Arizona
Rank | Job Title | Entry Level Salary |
---|---|---|
1 | President/chief Executive Officer | $132,000 |
2 | Pain Management Physician | $119,000 |
3 | Primary Care Physician | $121,000 |
4 | Acute Care Physician | $119,000 |
What jobs are in high demand in Arizona?
9 Jobs In High Demand in Arizona
- Corporate Recruiters. One of our most requested searches over the past 2 years has been for corporate recruiters.
- Software Developers.
- Customer Service Representatives.
- Mechanical Engineers.
- VP of Human Resources.
- Home Construction.
- Financial Analysts.
- Skilled Labor Jobs.