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Home » United States » What salary do I need to live in Phoenix?

What salary do I need to live in Phoenix?

December 14, 2021 by Sadie Daniel

Using Phoenix, the average rent price for a one-bedroom apartment is $1,190 monthly. 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.

Contents

What salary do you need to live comfortably in Phoenix AZ?

According to the site, the income needed in Phoenix is $48,876. The article considers 50 percent for necessities, 30 percent for discretionary spending and 20 percent for savings. In Tucson, the income required is $39,966 and is the lowest number of the 50 cities. For Mesa, the needed income is listed as $42,654.

What is a livable salary in Phoenix?

Living Wage Calculation for Phoenix-Mesa-Scottsdale, AZ

1 ADULT 2 ADULTS (1 WORKING)
0 Children 3 Children
Living Wage $15.41 $36.95
Poverty Wage $6.13 $14.75
Minimum Wage $12.00 $12.00

What is a good salary for Phoenix AZ?

$45,992 is the 25th percentile. Salaries below this are outliers. $68,756 is the 75th percentile. Salaries above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Arizona.

City Phoenix
Annual Salary $59,794
Monthly Pay $4,983
Weekly Pay $1,150
Hourly Wage $28.75

Is $150 000 a good salary?

The answer, at least according to a new survey of Americans by WSL/Strategic Retail, is $150,000.That level of income is more than three times the national median of $49,445 for 2010, and it’s enough to put a household into the top 10 percent nationally.

Is 45k a good salary for a single person?

Yes, absolutely. If you don’t have children or a spouse to support, then your salary is likely to provide you with a comfortable lifestyle. However, single people may also be committed to higher rent or mortgage payments if there’s no one to split the bills with, so that’s worth considering too.

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What is the highest paid job in Arizona?

Detailed List Of Highest Paying Jobs In Arizona

Rank Job Title Average Salary
1 President/chief Executive Officer $192,087
2 Pain Management Physician $180,936
3 Primary Care Physician $176,069
4 Acute Care Physician $175,636

What is a good salary in Scottsdale AZ?

– The average income of a Scottsdale resident is $51,564 a year. The US average is $28,555 a year.
Income and Salaries for Scottsdale.

ECONOMY Scottsdale, Arizona United States
Income Tax 3.4% 4.6%
Income per Cap. $56,794 $31,177
Household Income $80,306 $57,652
Family Median Income $106,716 $70,850

Why is Scottsdale so expensive?

However, when it comes to supplementary goods such as clothes, jewelry and cars, expect to pay more than residents in other Arizona cities. This is due to the fact that Scottsdale mainly carries high-end brands, stores, boutiques and vehicles, so homeowners are paying extra for the superior quality they are receiving.

Is $60 000 a year a good salary?

Is $60,000 a Year a Good Salary? If you have a salary or income of $60,000, it means you’re making 5 figures a year. While you may be an average earner with such an annual income, it’s possible to live on it comfortably. In fact, many lower earners dream to make such an amount.

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 60000 a good base salary?

$60,000 per year is a really good salary to live comfortably on. However, everyone’s situation and finances are different.

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Is 300k a good salary?

$300,000 is a top 10% income. But unfortunately, making $300,000 will provide you a very middle class lifestyle in a big expensive city if you have children. To make $300,000 usually means having to live in a more expensive city.

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.

Is 250k a good salary?

By most measures, a $250,000 household income is substantial. It is five times the national average, and just 2.9 percent of couples earn that much or more.

Is 45k a year middle class?

Pew defines “middle class” as a person earning between two-thirds and twice the median American household income, which in 2019 was $68,703, according to the United States Census Bureau. That puts the base salary to be in the middle class just shy of $46,000.

Can I buy a house making 45k a year?

It’s definitely possible to buy a house on $50K a year. For many borrowers, low-down-payment loans and down payment assistance programs are making homeownership more accessible than ever.Even people who make the same annual salary can have different price ranges when they shop for a new home.

Is 100k a good salary?

An annual income of £100,000 is enough to put a recipient comfortably within the top 2% of all earners, and the figure has become a key indicator that the recipient is a high-flier.

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Whats the richest city in Arizona?

10 Wealthiest Cities in Arizona

  • 1) Paradise Valley. Nestled in Maricopa County, Paradise Valley is the richest city in Arizona (and one of the richest in the country).
  • 2) Queen Creek.
  • 3) Gilbert.
  • 4) Scottsdale.
  • 5) Marana.
  • 6) Fountain Hills.
  • 7) Goodyear.
  • 8) Litchfield Park.

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.

What jobs pay well in Arizona?

Here’s a quick look at the Top 10 highest paying jobs in Arizona:

  • Psychiatrists.
  • Family Medicine Physicians.
  • General Internal Medicine Physicians.
  • Obstetricians and Gynecologists.
  • Physicians, All Other; and Ophthalmologists, Except Pediatric.
  • Dentists, General.
  • Chief Executives.
  • Dentists, All Other Specialists.

Filed Under: United States Tagged With: Arizona, Phoenix

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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