Cpm Salary in California - Average Salary (2024)

FAQs

What is considered a good salary in California? ›

By most definitions, an annual salary of $90,000 is considered good.

If you are a single person in Los Angeles making around $70,000 a year, you are still considered low-income, according to a new statewide study. The California Department of Housing and Community Development released the report in June and found that income limits have increased in most counties across California.

In Los Angeles County, the living wage for two working adults with two kids is $138,000 per year, or $33.24 per hour for each adult. For a single adult with no children, the Living Wage is $26.63 per hour, or $55,300 per year.

130K Salary in California. $127,299 is the 75th percentile. Salaries above this are outliers. $140,029 is the 90th percentile.

States that require the highest living wage for individuals are Hawaii ($112,411) followed by Massachusetts ($87,909) and then California ($80,013).

In California, 17.1% of households earn incomes of $100,000 to $149,999, with 15.3% earning $50,000 to $74,999 and 13.3% earning $200,000 or more. Among married-couple family households, more than a fifth (20.8%) report household incomes of $100,000 to $149,999, with another fifth (20.1%) earning $200,000 or more.

California. 2022 average income of the top 5%: $613,602.

A salary of $90,000 is substantially higher than the national median household income, so yes, it's a good salary for a single person. Exactly how good depends on where you live, as the cost of living varies significantly across the U.S.

A $70,000 salary's adequacy largely depends on geographic location, household size, lifestyle, and financial obligations. In high-cost areas or for larger families, this salary might not suffice for a comfortable living.

Is 80K livable in California? ›

A single person needs upwards of $80,000 a year to live comfortably in California, survey data shows.

But data from the U.S. Census Bureau cites a different number as the average salary: just under $75,000. What does this all mean? By the Census data, it means that if you earn between $50,000 and $150,000 a year, you are considered middle class.

Los Angeles did not make the top ten, ranking #17. Here, a single person needs $110,781 annually or $53.26 in hourly wages to be comfortable, according to the data. For a family of two working adults with two children, a salary of $276,557 is needed. Anaheim and Long Beach also made the list, tying for #14.

As of 2022, middle-class household income ranged between $61,270 and $183,810 in the Golden State, according to a recent analysis from personal finance site GoBankingRates.

In California, the middle class income range for 2022 was $61,270 to $183,810.

This is considered 'low income' in California

On average, an individual needs $96,500 for sustainable comfort in a major U.S. city, data showed. It's even more expensive for families, who need to make an average combined income of about $235,000 to support two adults and two children.

Data from the U.S. Census Bureau was used in the report. For Californians hoping to join the prestigious club, residents would have to bring in an average income of $613,602, a nearly 40% increase from 2017, when the average income needed for the top 5% of earners was $447,207.

While it's not a six-figure salary, an annual salary of $80,000 is generally considered a respectable wage, especially for a single person. Of course, your local cost of living plays an important role in whether a salary is “good” for you or not.