Yes, 150k is a good salary in California.
In fact, 150k is a very good salary for California. In the state of California, the average annual salary for an individual is around $50,000. The median household income is around $55,000, which means that half of all households in California earn less than $55,000 per year and half earn more than $55,000 per year. That means that if you earn $150k per year as an individual (which is indeed a very good salary), then you are earning more than twice as much as half of all households in California.
However, there are other factors to consider when determining whether or not your salary is high enough for where you live. For example: Do you live in Silicon Valley? If so, then yes—150k is a good salary for Silicon Valley. But if not? Then no—it might not be enough to afford housing or meet other basic needs like food and transportation costs.
Is 150k A Good Salary In California
A good salary in San Diego, CA is anything over $52,000. That’s because the median income in San Diego is $52,000, which means if you earn more than that you’re earning more than 50% of the people living in San Diego. The average salary in San Diego is $61,517.
A good hourly wage in San Diego is $25.0 per hour. That works out to a good weekly wage of $1,000 per week and a good monthly wage of $4,333 per month. However, using the median income is only one way to calculate a good salary in San Diego.
Another way to calculate a good salary in San Diego is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $602,600, a good salary in San Diego would be $120,520.
Lastly, we can determine a good salary in San Diego by looking at the cost of living and comparing it to the US average salary. The cost of living in San Diego is 51% higher than than the national average. The national average salary is $56,310, so a good salary in San Diego is anything over $85,028 by this measure.
AVERAGE ANNUAL SALARY IN SAN DIEGO, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $25,000 | $2,083 | $480 | $12.02 |
| 25th | $35,000 | $2,916 | $673 | $16.83 |
| Median | $52,000 | $4,333 | $1,000 | $25.0 |
| 75th | $76,000 | $6,333 | $1,461 | $36.54 |
| 90th | $108,000 | $9,000 | $2,076 | $51.92 |
