Quick Answer: Is 50k A Year A Good Salary In California?

What is a high salary in the US?

Physicians sit at the top of Glassdoor’s list of highest-paying jobs in the U.S.

in 2019.

According to the job site’s number crunch, physicians earn a median base salary just over $193,000 — a sizable amount more than the No.

2 top-earning job of pharmacy manager, where workers earn an estimated $144,000..

Is 80k a good salary in NYC?

You can do quite well in NYC with 80k/year depending. If you’re sharing an apartment you’ll have a lot more buying power, but 80k won’t put you in the lap of luxury. … If you’re sharing an apartment you’ll have a lot more buying power, but 80k won’t put you in the lap of luxury.

What is middle class income in California?

US Household Income by TierLocationAlabamaUpper Income$176,166.00LocationCaliforniaLower Income$24,380.00Middle Income$77,806.0044 more rows•Nov 20, 2019

Is $20 an hour good in California?

In California’s interior you can manage on $20 an hour reasonably well. On the coast it is still pretty much a poverty wage. … It is higher than the Calif minimum wage, which is around $11 right now, and each county decides on a living wage, not the state.

How much do I need to make to afford a 250k house?

Example Required Income Levels at Various Home Loan AmountsHome PriceDown PaymentLoan Amount$250,000$50,000$200,000$300,000$60,000$240,000$350,000$70,000$280,000$400,000$80,000$320,00015 more rows

What is the cheapest city to live in California?

7 cheapest places to live in California (that are actually cool)Eureka.Oxnard.Redlands.Chico.Temecula.Clovis.Vacaville.

What is a good salary to live comfortably in California?

The website Gobankingrates.com jumped in and did the math for us in their piece, “How Much Money You Need to Live Comfortably in the 50 Biggest Cities”. They calculated an annual income of $74,371 was about right for the average person to live comfortably in Los Angeles.

Can you live in NYC on 50k a year?

“I definitely think you can live comfortably on a salary of $50,000, even in New York City,” says Haskins. “It’s an expensive city, but I think if you know where your money is going and you recognize what your priorities are, it’s totally doable.”

Is 80k a lot of money?

If you are living in a rural area, especially on the south or midwestern US, 80K is pretty good salary. … Some careers offer 80K as a starting salary, but on average it will take a good few years of work experience, higher education, or at least a manager level job, to make that money.

What is a livable salary in California?

A single person in California needs to earn, on average, about $12.30/hour working full time to cover basic living expenses. Add a kid to the mix, and that rate rises sharply to more than $25/hour. That’s according to the Living Wage Calculator created by Amy K.

What are jobs that pay 20 an hour?

18 Jobs That Pay $20 An Hour With Little Or No Experience/Degree#1. Proofreading.#2. Become a Virtual Assistant.#3. Small Business Marketing.#4. Bookkeeping.#5. Website Development and Computer Programming.#6. Freelance Writing.#7. Online Tutoring.#8. Test Websites.More items…•

What is considered rich in California?

“To be rich in California means you’ve really hit the big time,” says GOBankingRates. “California is one of the seven states in the country — eight if you include Washington, D.C. — in which you’ll need at least $250,000 to reach the top 5%.”

Can I live off of 50k a year?

Where you live is a huge component of how well you can live on a $50k-a-year salary, and it can impact your budget dramatically. In some states, you might have to push and pull a $50,000 salary to cover all your expenses and still have some left over. In other states, you can live pretty comfortably on $50k per year.

Is 50000 dollars a year good?

Income is, of course, another very important consideration for most people. Is $50k a year considered a good salary? … “As such, a $50,000 salary would be above the national median and a pretty good salary, of course, dependent on where one lives.” That’s good news for people making an annual salary of $50,000 or higher.

Can you live in NYC on 40k?

Yes you can, you won’t live the life of luxury and you won’t be living on the island, but you can work and live in the five boroughs of NYC on that salary. … My first job wasn’t much more than 40k and it was hourly non salary pay without benefits.