What Is A Good Salary In Massachusetts?

9% of jobs $53,781 is the 25th percentile. Salaries below this are outliers. 27% of jobs $80,400 is the 75th percentile.

What is a livable salary in Massachusetts?

Living Wage Calculation for Massachusetts

1 ADULT
0 Children 1 Child
Living Wage $21.88 $44.23
Poverty Wage $6.19 $8.38
Minimum Wage $14.25 $14.25

What is a comfortable salary in Massachusetts?

As of May 18, 2022, the average annual pay for the Comfortable jobs category in Massachusetts is $42,769 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.56 an hour. This is the equivalent of $822/week or $3,564/month.

What is a comfortable salary in Boston MA?

If you’re moving to Boston, you should have a household income of $120,900. Of course, this figure can scale up or down depending on the number of bedrooms you need. Once again, the $120,900 income figure is based on a 2-bedroom apartment with a monthly rent of $2,900 per month.

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What is a high salary in Boston?

Jobs are ranked by average annual salary with information up to date as of May 2021. In Boston, the annual mean wage is $76,850 or 31.9% higher than national mean of $58,260, while the highest-paying occupation makes $358,450.

What is considered middle class income in Massachusetts?

How much you have to earn to be middle class in every state

State Middle-class income Median household income
Hawaii $122,695 $83,102
California $111,206 $80,440
Massachusetts $85,567 $85,843
Colorado $81,602 $77,127

Is a salary of 50k good?

With the proper budget and discipline, $50,000 is an excellent salary. In 2020, the median household income in the United States was about $67,000. Your debt load, dependents, and assets will determine how comfortably you can live with an income of $50k.

How much money is happy in Massachusetts?

Minimum salary needed to be happy: $139,125
Much like the rest of New England, Massachusetts has a combination of relatively low crime and high costs. The cost of living is 32.5% higher than the national average, but there are only 3.28 violent crimes per 1000 people, and the property crime rate is just 11.80.

Is 75k a good salary?

75k salary is a good hourly wage when you think about it. When you get a job and you are making about $16 an hour, making over $75,000 a year seems like it would provide amazing opportunities for you. Right? The median household income is $68,703 in 2019 and increased by 6.8% from the previous year (source).

What salary makes you happy?

Historically, a 2010 study by Princeton University researchers found that making $75,000 a year was the sweet spot for happiness. The study looked at the connection between how much people took home per year and their emotional well-being and life evaluation.

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What is middle class income in Boston?

between $50,000 and $125,000
Boston’s middle class is broadly defined as households with annual incomes between $50,000 and $125,000.

Is 100k a good salary in Boston?

A good salary in Boston, MA is anything over $53,000. That’s because the median income in Boston is $53,000, which means if you earn more than that you’re earning more than 50% of the people living in Boston. The average salary in Boston is $63,751.

What is a livable salary in Boston?

Living Wage Calculation for Boston-Cambridge-Newton, MA

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 1 Child
Living Wage $22.56 $24.26
Poverty Wage $6.19 $5.28
Minimum Wage $14.25 $14.25

What is upper class salary?

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.

What job pays the most in Massachusetts?

Top 15 jobs in Massachusetts by salary

  1. Anesthesiologist. National average salary: $395,147 per year.
  2. Surgeon. National average salary: $348,468 per year.
  3. Family medicine physician.
  4. Internal medicine physician.
  5. Chief marketing officer.
  6. Machine learning engineer.
  7. Engineering manager.
  8. Sales engineer.

What is the richest town in Massachusetts?

1. Weston. The richest town in Massachusetts earns a per capita income of $105,217 and has a dramatically higher median family income of $250,000 or more compared to the other towns.

What percentage of America makes over 100k?

30.7%
What percentage of Americans makes over 100k? About 30.7% of households earned over $100,000 in 2020. In 2019, around 15.5% of Americans earned between $100,000 and $149,999; about 8.3% of the population earned between $150,000 and $199,999; and about 10.3% of the population earned over $200,000.

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What is the average salary in Mass?

$74,188
Average Salary in Massachusetts

Annual Salary Hourly Wage
Top Earners $97,784 $47
75th Percentile $80,400 $39
Average $74,188 $36
25th Percentile $53,781 $26

What is lower class salary?

Those making less than $42,000 make up the lower-income bracket, while those making more than $126,000 make up the upper-income bracket.

How much is $60000 a year per hour?

When figuring out how much $60,000 a year per hour, you just need to divide your total salary by the number of hours you work. In this case, the answer is $28.85 an hour, more than four times the federal minimum wage in 2021. Here’s the breakdown: You are earning $28.85 per hour.

What should my salary be at 30?

What was the average and median income by age in 2021?

Age 25% Median
29 $24,615.00 $41,085.00
30 $25,000.00 $40,560.00
31 $28,000.00 $45,000.00
32 $26,001.00 $45,330.00