Florida is a great state to live in and work in, especially if you decide to move there. When you do, you will quickly notice that salaries are lower than in other states. However, they are certainly good enough to make it worth your while. The question real estate agents ask themselves most often is “Can I sell these houses”, while buyers wonder “Can I afford this house”. The truth is that what you can afford is likely higher than what you can purchase due to the high costs of living in Florida.
The answer to “Is 70k a good salary in Florida” really depends on where you live and who you are as an individual. If you have never set foot in Florida, then you probably have no idea of the cost of living here. There is also why should 70k be a bad salary? It depends all on the elements of your life.
Yes, 70k is a great salary in Florida. However, it’s important to keep in mind that the cost of living varies significantly across the state. For example, if you’re looking at purchasing a home, the median price of a home in Naples is $300K. In comparison, in Orlando and Tampa Bay, the median price of homes is closer to $200K.
According to Numbeo’s Cost of Living Index, a good income for one person living alone in Florida would be around $1,800 USD per month or $23k annually.
In order to determine whether or not a salary is considered “good,” you’ll need to consider several factors including: location (city), cost of living index (COLI), lifestyle expenses (e.g., rent/mortgage payments), income tax rate and so forth; these factors will help you understand how much money is needed to live comfortably within Florida’s borders. This article also examines what is a good salary in florida, is 80k a good salary in florida.
Is 70k a good salary in florida
Introduction
The national average salary for a software engineer is $100,000 per year. For example, in the San Francisco Bay Area and Washington, DC, a Software Engineer II would earn around $110,000. If you’re looking to relocate to another state that doesn’t have such a high cost of living but still has plenty of employment opportunities, you should consider moving to Florida where you can earn 70k per year as a software engineer!
The median household income in Florida is $52,594, while the mean household income is $73,221. This means that half of households make less than $52,594 and half make more than $52,594.
The average is taken by adding up all of the numbers and dividing by how many numbers there are (in this case it’s 100). The median is the middle value when you order all of your data from smallest to largest. So if you have 10 numbers: 1; 2; 4; 7; 5; 8; 9; 2 again; 6 again then your median would be 6 because it’s right in the middle between 5 and 6.
Average income per person: $29,928
The average income per person in Florida is $29,928.
This number represents the total amount of money that all people in Florida have earned on average and is not a reflection of how much each individual makes.
Median hourly wage: $19.48
Florida’s median hourly wage is $19.48, which is higher than the national average of $17.83. The average annual salary in Florida is $41,743 (as of May 2016).
The unemployment rate in Florida is 3.7% and the state’s population density is 110 people per square mile, which makes it one of the most densely populated states in America.
The average family income in Florida was reported at $61,000 (in 2013) while the median income per person was around $29,928 (also as reported by Forbes).
Unemployment rate: 3.7%
If you’re looking to work in Florida, it’s important to know that the state has an unemployment rate of 3.7% as of December 2018. The national average for this measure is 4%. The unemployment rate measures the percentage of people who are out of work and looking for a job in a given month. It can be helpful when analyzing whether or not your salary would be considered reasonable or high-paying in your area, since it offers insight into how much money you would earn if you were working full time while being paid what’s typical in that area.
The good news is that Florida’s unemployment rate has been on the decline since its peak during the recession at 11 percent back in 2010 (compared with 9.3% nationwide). This means more people have jobs now than there were before 2008—and therefore might have higher salaries if they’re employed full-time—but also suggests that some areas may still be struggling economically even though there are more jobs available throughout the state overall! It’ll take diligent research into current employment trends within each city before making any financial decisions related to relocation.”
Florida is home to one of the lowest average annual salaries in the U.S., and not surprisingly, the average family income is also low compared to other states.
The mean household income in Florida is $73,221, while a typical family makes $52,594 per year and an average household earns $29,928 per year (the median). The state’s unemployment rate stands at 3.7% as of October 2018—a figure that falls well below both US and national averages for this category (4% for both).
what is a good salary in florida
As of Oct 22, the average annual salary in Florida is $48,355. Just in case you need a simple salary calculator, that works out to be approximately $23.25 an hour. This is equivalent of $929 a week or $4,029 a month. Most salaries in Florida range between $34,185 (25th percentile) to $61,372 (75th percentile) annually.
Of course, salaries will vary depending on yor occupation, experience, and many other factors. Some of the top paying kinds of jobs in Florida are Neuroradiologist, Anesthesiologist, and Vascular Surgeon. You may also find that pay is better in some areas of the state. Juno Beach is the city with the highest average salary on ZipRecruiter.
To estimate the most accurate salary range for jobs in Florida, we continuously scan out database of millions of active jobs in our marketplace.
Which cities in Florida have the highest average salary?
Of the cities in Florida with the highest average salaries, all 10 have salaries over the state average salary of $48,355. This means that there are plenty of opportunities to improve your pay by relocating within the state.
Keep in mind that cost of living may be higher in these cities. The cities in Florida with the highest average salary are Juno Beach with an average annual salary of $75,744 and Eglin AFB with an average annual salary of $64,109.
| City | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| Juno Beach | $75,744 | $6,312 | $1,456 | $36.42 |
| Eglin AFB | $64,109 | $5,342 | $1,232 | $30.82 |
| Doral | $63,274 | $5,272 | $1,216 | $30.42 |
| Tallahassee | $61,715 | $5,142 | $1,186 | $29.67 |
| Trinity | $61,408 | $5,117 | $1,180 | $29.52 |
| Cape Canaveral | $60,290 | $5,024 | $1,159 | $28.99 |
| Tampa | $59,284 | $4,940 | $1,140 | $28.50 |
| Mango | $57,559 | $4,796 | $1,106 | $27.67 |
| Jacksonville | $57,337 | $4,778 | $1,102 | $27.57 |
| Loxahatchee Groves | $56,617 | $4,718 | $1,088 | $27.22 |
