Question: How much do you need to live comfortably in Alabama?

To retire comfortably in the state of Alabama starting today, you will need to have saved at least $65,000.

What is a livable wage in Alabama?

Living Wage Calculation for Alabama1 ADULT2 ADULTS (1 WORKING)0 Children1 ChildLiving Wage$13.77$26.44Poverty Wage$6.13$10.44Minimum Wage$7.25$7.25

What is considered a good salary in Alabama?

While ZipRecruiter is seeing salaries as high as $119,049 and as low as $17,945, the majority of salaries within the Average jobs category currently range between $43,330 (25th percentile) to $64,776 (75th percentile) with top earners (90th percentile) making $78,782 annually in Alabama.

What salary is enough to live comfortably?

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690.

What is a good living wage?

The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.

What is considered middle class income in Alabama?

Here are the income levels that qualify Alabamians as middle class: 2-person family middle class income range: $37,172.94 to $110,964. 3-person family middle-class income range: $42,604.63 to $127,178. 4-person family middle-class income range: $52,438.89 to $156,534.

What jobs are in high demand in Alabama?

Alabama High Demand Occupations Base Year 2014 and Projected Year 2024 Table of ContentsSOCOccupation2024131111Management Analysts6,080151151Computer User Support Specialists7,080413021Insurance Sales Agents7,610312021Physical Therapist Assistants2,61036 more rows

What is middle class income in Alabama?

Here are the income levels that qualify Alabamians as middle class: 2-person family middle class income range: $37,172.94 to $110,964. 3-person family middle-class income range: $42,604.63 to $127,178. 4-person family middle-class income range: $52,438.89 to $156,534.

Whats the highest paying job in Alabama?

Detailed List Of Highest Paying Jobs In AlabamaRankJob TitleAverage Salary1Obstetricians And Gynecologists$269,9202Surgeons, Except Ophthalmologists$265,6503Anesthesiologists$264,4804Family Medicine Physicians$227,77086 more rows•7 Jun 2021

Can you live on 15 an hour?

yes, you can live off $15 an hour…as long as you live in a city with a low cost of living index and do not have dependents. However, depending on how frugal you are, you likely wont have much money left over at the end of the month for many extras.

Where should you not live in Alabama?

The 20 Worst Places to Live in AlabamaPell City. Women make up more than 50 percent of the population. Huntsville. If you want to sleep soundly in your bed at night, you might want to think twice about moving to Huntsville. Tarrant. Tarrant performs badly across all major criteria. Clanton. Arab. Andalusia. Talladega. Opelika.More items

Is 100k a good salary in Alabama?

Alabama ranked eighth on the list for places where you can be considered “rich” if your household income is less than $100,000 a year. Alabamas wealth threshold is $88,984.

What jobs pay the most in Alabama?

Detailed List Of Highest Paying Jobs In AlabamaRankJob TitleAverage Salary1Obstetricians And Gynecologists$269,9202Surgeons, Except Ophthalmologists$265,6503Anesthesiologists$264,4804Family Medicine Physicians$227,77086 more rows•7 Jun 2021

What is the most common job in Alabama?

The most common jobs held by residents of Alabama, by number of employees, are Cashiers (61,386 people), Driver/sales workers & truck drivers (61,018 people), and Registered nurses (57,501 people).

What careers are in demand in Alabama?

SOCOccupation2020151121Computer Systems Analysts7,400291171Nurse Practitioners2,300151132Software Developers, Applications4,630312021Physical Therapist Assistants2,68036 more rows

Is $21 an hour good?

Making 21 dollars an hour is good pay. The more hours you work, the more money you will end up making at this hourly rate. Lets say you get paid every two weeks. If you work part-time, 21 dollars an hour, 20 hours a week, you would earn $840 before taxes.

Is 100 dollars an hour good?

“Being able to get $100 an hour is rare,” said Al Lee, the director of quantitative analysis at PayScale.com. The median hourly wage in the U.S. is $16 an hour, he points out, so earning $100 an hour would be more than six times what the average worker makes.

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