In my eyes, a good salary is one that is stable and sufficient to cover half of a middle class household salary income of $300K and a tot. San Francisco City Hall doesnt define terms like middle class, but the Mayors Office of Housing does apply some similar formulas when determining what it considers median income, based off of household size. If you prefer to only look at salary - see the salary percentile calculator here. , Disclaimer: NerdWallet strives to keep its information accurate and up to date. Here's the breakdown across the Bay Area: San Francisco: Median household income $96,265, middle-class income range $64,177 to $192,530. Is 150k~160k a reasonable base salary for negotiation as New Grad in Bay Area. Do Not Sell My Personal Information. We clearly have what used to be upper middle income 75 to 150k folks who are saying, it just isnt so, says Candace Corlett, president of WSL/Strategic Retail. Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. I heard from others' success stories that there's room for negotiation to get to a 150k base. Percent increase to maintain standard of living: 124.87 percent. NerdWallet strives to keep its information accurate and up to date. How Much Down Payment Do You Need to Buy a Home. The average salary for jobs in Tampa, Florida is $59,006 (USD) per year or an hourly rate of $28 (USD). According to the latest BLS data, consumers average over $7,000 per year on food expenses. But they also start getting paychecks a lot sooner. There are ways to trim that down. Lots of people say it cant be done. When asked how long the recession will continue, 80 percent of people say three years or more, Corlett says up from 43 percent back in 2010. The website cannot function properly without these cookies. Are you in the U.S. middle class? Try our income calculator | Pew And that would be the complete take-home pay. Updated: Apr, 2023. How are high income households in San Francisco Bay Area? This information may be different than what you see when you visit a financial institution, service provider or specific products site. The typical physician or dentist also has twice as much debt. San Ramon San Francisco, CA. And, perhaps unsurprisingly, young people those between the ages of 18 and 34, who have long been the prized target for marketers were more likely than other age groups to say they dont have enough money to cover their basic needs.
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