Average salary The U.S. Bureau of Labor Statistics reported that workers in the Seattle area had an average hourly wage of $32.91 in May 2019, which is about 28% above the nationwide average. As of March 2021, Payscale.com cites the average salary for Seattleites as $81,000 per year.
How much money do you need to live comfortably in Seattle 2021?
Income needed: $72,092. 50 percent for necessities: $36,046. 30 percent for discretionary spending: $21,628.
What is considered a good salary in Seattle?
A good salary in Seattle, WA is anything over $65,000. That’s because the median income in Seattle is $65,000, which means if you earn more than that you’re earning more than 50% of the people living in Seattle. The average salary in Seattle is $75,725. A good hourly wage in Seattle is $31.25 per hour.
What is considered a good salary 2021?
The weekly median earnings for full-time wage or salary workers in the United States in the second quarter of 2021 amounted to $990. It translates to a yearly income of approximately $51,480. Any amount above that should theoretically be considered a good salary; however, it is not as easy as that.
What is a comfortable salary in Seattle?
What is a good salary in Seattle? The recommended salary in Seattle is $6,975 per month or $83,700 annually.
Is 100k a good salary in Seattle?
A $100,000 salary might be seen as a “rich” person’s salary in other cities, but not so in Bellevue and Seattle, it says. According to the study, those who earn $100,000 a year in Seattle would be just over $24,000 short at the end of the year.
Is Seattle more expensive than California?
Los Angeles is 0.6% more expensive than Seattle. Los Angeles housing costs are 3.5% less expensive than Seattle housing costs. Health related expenses are 4.9% more in Los Angeles.
What is a middle class income in Seattle?
Seattle. The median household income in Seattle is $102,486. Thus, the middle-class income range is $76,864.50 to $204,972.
What is the median income in Seattle 2021?
Washington
Seattle contributes to Washington’s relatively high median household income. About half of the households bring six figures home, and the median household income is $102,486, the third-highest among the nation’s largest cities.
What salary is upper class?
An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher. However, an upper class income also depends on where you live.
What is the median salary in the US 2021?
The national median family income for the United States for FY 2021 is $79,900, an increase over the national median family income in FY 2020 of $78,500. When twice the change in national median incomes is greater than five percent, this higher value is used as the cap on increases in the calculation of income limits.
What percentage of Americans make over 100k?
30.7%
The percentage of households earning over $100,000 annually has increased significantly in recent decades, up from 15.2% in 1980 to an estimated 30.7% in 2020.
What is a good salary in Washington state?
Average Wages, 2019
In 2019 the average wage for Washington was $56,618. Okanogan and Pacific counties had the lowest average wages at $35,719 and $38,877 respectively. King County had the highest average wage at $92,095. No other county had an average wage at or above the state average.
Is Seattle or Chicago more expensive?
Chicago is 38.0% less expensive than Seattle. Chicago housing costs are 67.9% less expensive than Seattle housing costs. Health related expenses are 6.3% more in Chicago.
Where does Seattle rank in cost of living?
A study looking at the cost of living in 257 cities across the United States has ranked Seattle as the fifth most expensive place to live in the country.
How much should I spend on rent Seattle?
Experts recommend spending no more than roughly 30 percent of your income on rent. So to afford the average one-bedroom apartment in Seattle, your household income needs to be around $82,240 a year.
What is the average cost to live in Seattle?
Seattle cost of living is 172.3
| COST OF LIVING | Seattle | Washington |
|---|---|---|
| Median Home Cost | $851,400 | $504,200 |
| Utilities | 68.8 | 74 |
| Transportation | 137.5 | 113.6 |
| Miscellaneous | 120.1 | 99.4 |
What qualifies as low income in Seattle?
According to the U.S. Department of Housing and Urban Development, a low income is equal to 80% of the median income, making a “low income” in Seattle $74,785, which is well above the federal poverty line.
Is it better to live in LA or Seattle?
Based on an overall US average index of 100, Seattle’s cost of living is 172.3, and LA’s is 173.3. That puts both LA and Seattle at 73% more expensive than the average US city. Your Seattle utility costs will be 36% lower than in LA, transportation costs will be 20% less, and health care costs will be 4% lower.
Which is more expensive Seattle or New York?
The cost of living in New York, NY is 33.0% higher than in Seattle, WA. You would have to earn a salary of $79,790 to maintain your current standard of living. Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.
Is Portland or Seattle more expensive?
Highlights. Portland is 24.1% less expensive than Seattle. Portland housing costs are 41.3% less expensive than Seattle housing costs. Health related expenses are 0.8% more in Portland.
