What's considered a good hourly wage?

A good hourly wage varies greatly by location and lifestyle, but generally, $25-$30+/hour ($52k-$62k/year) is seen as decent for basic comfort in many US areas, while $30-$40+ ($62k-$83k/year) starts feeling more comfortable or "good," allowing for savings, with $40+/hour often considered very good, especially in high-cost-of-living areas like LA or California, where living wages can range from $28 to over $30/hour for a single adult.

What is a decent hourly wage in the US?

The median hourly wage for white people ages 25 to 64 is $29 per hour compared to $23 per hour for people of color. Men ages 25 to 64 of all races and ethnicities have a median hourly wage of $28 while women's median hourly wage is just $24. Latina women have the lowest median hourly wage at $19 per hour.

What is $70,000 a year hourly?

$70,000 a year is approximately $33.65 per hour, calculated by dividing the annual salary by 2,080 work hours (40 hours/week x 52 weeks). This is the standard gross hourly rate before taxes and deductions, which will affect your actual take-home pay. 

Is $40 per hour a good wage?

Yes, $40 an hour ($83,200/year for 40 hrs/week) is generally a very good wage, offering strong financial security in most areas, but its actual value depends heavily on your location's cost of living, family size, and industry, as it can range from a comfortable income in lower-cost areas to just adequate in expensive cities like NYC or LA. It's often found in skilled trades, healthcare, or tech, requiring specialized skills or experience, but can provide excellent quality of life if managed well. 

What is $100,000 a year hourly?

$100,000 a year is approximately $48.08 per hour, calculated by dividing the annual salary by 2,080 working hours (40 hours/week * 52 weeks/year), making it a solid hourly wage for a full-time role. 

What Is Considered a “Good Income”?

Is $40,000 a livable wage?

Yes, you can live off $40k a year in the U.S., but it heavily depends on your location, requiring frugality in expensive cities and offering more comfort in low cost-of-living (CoL) areas, often necessitating roommates, cooking at home, and prioritizing savings to manage expenses like housing, healthcare, and transportation. It's generally manageable for a single person with careful budgeting but challenging with debt or dependents, making strategic choices crucial for making ends meet and saving. 

What is $90,000 a year hourly?

$90,000 a year is approximately $43.27 per hour, based on a standard 40-hour workweek (2,080 hours per year). To get this, you divide your annual salary by the total working hours: $90,000 / 2,080 = $43.27. 

Is a 70K salary rich?

According to the Bureau of Labor Statistics's most recent data (May 2022), the average salary nationwide is $61,900, which means that $70,000 is a common salary — but above the national average.

What is $50 an hour annually?

$50 an hour is $104,000 annually for a standard full-time job (40 hours/week, 52 weeks/year), calculated as $50 x 40 hours x 52 weeks, though this is gross pay before taxes and deductions. For a job with two weeks of unpaid time off, it would be closer to $100,000 annually, or $2,000 working hours x $50/hour. 

What is $30.00 an hour salary?

$30 an hour translates to an annual salary of $62,400, assuming a standard 40-hour workweek, calculated by multiplying $30/hour by 2,080 work hours in a year ($30 x 40 hours/week x 52 weeks/year). This breaks down to roughly $5,200 monthly or $1,200 weekly before taxes and deductions. 

Is $1200 a week a good salary?

Yes, $1,200 a week ($62,400/year) is generally a solid income, often above average, but whether it's "good" depends heavily on your location's cost of living (high-cost cities vs. rural areas) and personal financial needs like family, debt, and lifestyle, as taxes will reduce your take-home pay. It allows for basic comfort and saving in many places, but might be tight in expensive urban centers, especially with a family. 

Is making $25 an hour good?

Yes, $25 an hour ($52,000/year) is a solid wage, generally above minimum, offering a decent living in many areas, but its quality depends heavily on your location's cost of living, your lifestyle, and if you have benefits, being very comfortable in lower-cost cities but tight in expensive ones like San Francisco. It's a great starting point, but managing expenses and budgeting is key to making it work, especially for living alone. 

What salary is $40 an hour?

$40 an hour is an annual salary of $83,200, calculated by multiplying $40 by 40 hours per week and then by 52 weeks in a year ($40 x 40 x 52). This breaks down to about $6,933 per month, $3,200 bi-weekly, and $1,600 weekly, before taxes and deductions. 

What is a liveable salary in the US?

The national median household income is $80,610 according to the most recent Census data. But in the largest U.S. cities, a single adult needs at least $85,000 to sustain a comfortable lifestyle while a family of four requires nearly $200,000. Indianapolis is least expensive for an adult to live comfortably.

What percent of Americans make $30 an hour?

The chart, shown above, shows that 19% of workers make less than $12.50 per hour, 32% of workers make between $12.50 and $20 per hour, 30% make between $20 and $30 an hour, 14% make between $30 and $45 per hour, and 5% make over $45 an hour.

What is middle class income?

Middle-class income isn't a single number but a range, generally defined by Pew Research as two-thirds to double the national median household income, adjusted for household size; in 2022, this was roughly $56,600 to $169,800 for a three-person household, but it varies significantly by location and family size, with higher costs of living (like in San Jose or California) requiring higher incomes to be considered middle class.
 

What salary do I need to be happy?

The amount of money needed for happiness varies, with studies suggesting a baseline for needs (around $75k-$100k for general well-being) but also showing that for many, higher incomes increase life satisfaction and day-to-day happiness, with some research pointing to figures like $105,000 for U.S. life satisfaction or even higher for deep emotional comfort, though personal factors, location, and individual goals significantly influence this number. 

Can a family survive on $70,000 per year?

Yes, supporting a family on $70k a year is possible, but it's challenging and heavily depends on your location, family size (especially childcare needs), and spending habits, requiring careful budgeting as it's often below the required living wage in high-cost areas like LA or NYC but potentially manageable in lower-cost regions or rural areas. You'll likely need to prioritize needs, minimize luxuries, and find affordable housing to make it work, as high costs like rent, healthcare, and childcare can quickly consume that income. 

What is $45 an hour annually?

$45 an hour is $93,600 annually, assuming a standard 40-hour work week for 52 weeks a year, calculated as $45 (hourly rate) x 40 (hours/week) x 52 (weeks/year). This breaks down to roughly $7,800 per month or $1,800 per week before taxes and deductions, according to OysterLink and Snagajob. 

Can I buy a house with a $90K salary?

With an annual salary of $90k, your income is slightly above the median U.S. salary. Generally, someone earning a $90k salary, with excellent credit and minimal debt, who makes a 20% down payment can afford a $350,000 home.

Is it better to be salaried or hourly?

But salaried employees enjoy more benefits for the most part, such as paid vacation and sick days, retirement accounts, and other employer-sponsored benefits. Hourly workers don't usually receive compensation in the form of paid leave by the companies who hire them and they may be responsible for their own healthcare.

Can I afford a 200k house on a 40K salary?

To comfortably afford a $200,000 house, you'll likely need an annual income between $50,000 to $65,000, depending on your specific financial situation and the terms of your mortgage. Remember, just because you can qualify for a loan doesn't mean you should stretch your budget to the maximum.

Is 40K a year poverty?

According to the U.S. Census, the median salary was $80,610 in 2023. What's more, in 2024, a $40,000 salary would be below the United States Census Bureau's poverty threshold for families of up to six people.

Is $35 an hour good?

Yes, $35 an hour ($72,800/year) is generally a very good income in the U.S., often above the median, providing comfort for a single person, but its actual value depends heavily on your location (high vs. low cost of living), household size, and personal financial goals, as it might feel tight in very expensive cities or for supporting a family.