Question: What Is A Good Salary To Live In Seattle?

Is 130k a good salary in Seattle?

130k is a good income, if you don’t have daycare costs or a lot of consumer debt or student loans.

I agree with Gardyloo re the 1800.00/mo scenario.

Kirkland can be rather expensive.

Unless you have several kids or a lot of other debt, you should be just fine on that income in Seattle or Kirkland..

Are houses expensive in Seattle?

Seattle is without doubt one of the more expensive cities in the nation in which to own a home, but it’s not among the top 10 most expensive housing markets. In fact, Seattle is on the lower end of the top 20 least-affordable housing markets nationally, according to a recent housing-affordability analysis study.

How much money do I need to move to Seattle?

If you can’t wait for six months of salary to build up, consider this, says Terrell: “An average 1-bedroom apartment in Seattle runs around $1600/month… You should [at least] have enough money for first and last month’s rent, plus a security deposit.”

What is considered upper class 2020?

For 2020, one major economic trend is the financial fallout caused by the coronavirus pandemic, which has impacted the wealth and health of workers and businesses….What Is a Middle-Class Income?Income groupIncomeLow incomeLess than $40,100Middle income$41,000 – $120,400Upper incomeMore than $120,400Dec 8, 2020

Is 100k a good salary in Seattle?

$100K is perfectly fine in Seattle. It’s not huge but for a single guy, even a family, $100K would be average and comparable for tech salaries.

Is 80k a good salary in Seattle?

Definitely. 140k is very high relative to the cost of living. The median household income is 80k.

What is middle class income in Seattle?

Families now earn median of $121,000.

Why is rent in Seattle so high?

The cost of physical construction is the single biggest share of the rent check. Seattle’s boom has inflated that portion as the shortage of skilled labor and materials has pushed prices ever higher. The construction firm Mortenson estimates that costs in Seattle rose around 4 percent annually over the past few years.

What is low income in Seattle?

According to the U.S. Department of Housing and Urban Development, a low income is equal to 80% of the median income, making a “low income” in Seattle $74,785, which is well above the federal poverty line.

Where do most Microsoft employees live in Seattle?

Entry level employees and most single income families live further out in Bothell, Duvall, Maltby, and some live even more remote like Monroe, Sultan, Snohomish, or Fall City. We lived in Sultan for 12 years before recently moving to Woodinville. The commute from Sultan to Redmond was 1 hour.

What percentage of Americans make over 100k?

Percentage distribution of household income in the U.S. in 2019Annual household income in U.S. dollarsPercentage of U.S. households75,000 to 99,99912.3%100,000 to 149,99915.5%150,000 to 199,9998.3%200,000 and over10.3%5 more rows•Nov 5, 2020

Is 200k a good salary in Seattle?

Definitely. 140k is very high relative to the cost of living. The median household income is 80k.

Is 120k a good salary in Seattle?

120k-180k salaries are pretty middle class in Seattle.

Is 90k a good salary in Seattle?

$90k is below the median income in Seattle. If you think that’s “extremely high”, you need to check your outdated perceptions at the door.

What is the coldest month in Seattle?

JanuarySeattle C.O.’s coldest month is January when the average temperature overnight is 36.0°F. In August, the warmest month, the average day time temperature rises to 74.9°F.

How much do you need to make to live comfortably in Seattle 2019?

Your ability to “comfortably” afford housing, transportation, health care, groceries, utilities, transportation and more cost-of-living expenses now has a yearly dollar figure attached to it if you want to live in Seattle. A study by GOBankingRates.com puts the number at $72,092.

What is the average cost to live in Seattle?

According to Apartment List’s March 2019 report, the median rent for a two bedroom apartment in Seattle is $1,659. That is nearly $500 higher than the national median of $1,175. The same goes for one bedrooms, as the Seattle median of $1,332 is $385 pricier than the mark for the country as a whole.

How can I afford to buy a house in Seattle?

A new study shows you have to earn six figures or higher (and have the right down payment) to be able to buy a home here. The study by mortgage resource website HSH.com says you need to earn at least $105,000 to afford a home in the Seattle metropolitan area, which includes cities like Bellevue and Tacoma.

What is the average income in Seattle?

$102,500The median income for the roughly 345,000 households inside Seattle’s city limits hit $102,500 in 2019, up about $9,000 from 2018. The median is the midway point — in other words, half the households earned more, and half earned less.

Is moving to Seattle a good idea?

Seattle is consistently ranked among the 10 best places to live in the United States by U.S. News, and for good reason. Not only is Seattle surrounded by lush evergreen forests, but the city is famous for being environmentally friendly. … For these reasons and more, we think moving to Seattle is a fantastic idea.

What are the best jobs in Seattle?

Here’s a quick look at the top ten highest paying jobs in Seattle:Psychiatrists.Anesthesiologists.Chief Executives.Physicians, All Other; and Ophthalmologists, Except Pediatric.Airline Pilots, Copilots, and Flight Engineers.Family Medicine Physicians.Obstetricians and Gynecologists.Surgeons, Except Ophthalmologists.More items…•

Is Seattle expensive to live in?

Seattle’s cost of living ranges from 19% to 50% higher than the national average, depending on the factors you’re measuring (housing, transportation, food, etc.) and how much territory you consider as part of the area.

What is considered rich in Seattle?

Seattle residents believe it takes an average personal net worth of $2.9 million to be considered “wealthy.” That’s more than 30 times the actual median net worth of U.S. households (per the Federal Reserve’s Survey of Consumer Finances).

Is Seattle cheaper than New York?

The cost of living in New York, NY is 33.0% higher than in Seattle, WA. … Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.

How much money do you need to live comfortably in Seattle?

If you are a family of two full-time employed adults and a child, you will be paying $10,126 a year to get around the town. The good news is you don’t need a car to get around Seattle, which will save you money.

Why are houses so expensive in Seattle?

The Seattle real estate market always looks nearly as expensive as an overheated market. … The shortage of homes for sale in the Seattle housing market is causing prices to rise. And so for all those reasons and more, rising property values are a positive development for homeowners and sellers in the Seattle area.

What is considered middle class 2020?

It might take more money than you think to reach this income tier. The Pew Research Center defines middle class, or middle-income households, as those with incomes that are two-thirds to double the U.S. median household income.