Quick Answer: Is 100k A Good Salary In Seattle?

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

To comfortably rent a median one-bedroom apartment in Seattle, one would have to make $53,133 a year, or $26 an hour.

The recommended household income for a two-bedroom apartment is $65,800 a year, or $32 an hour..

How much money do you need to live in Washington state?

An amount below 100 means Washington is cheaper than the US average….13315 11th Ave W.COST OF LIVINGWashingtonUnited StatesMedian Home Cost$381,300$231,200Utilities74100Transportation113.6100Miscellaneous99.41004 more rows

Is Seattle a rich city?

Seattle-Tacoma-Bellevue, Wash. A number of the wealthiest metropolitan areas in the country can be found on the West Coast, and nearly all of these in California. The exception is the Seattle-Tacoma-Bellevue metropolitan area, which has a median household income of just under $80,000.

How much money do you need to buy a house in Seattle?

The study found that Seattle residents need a minimum salary of $93,418.01 to afford a median home price of $478,500. If homebuyers put 10 percent down instead of 20 percent, the required salary increases to $109,458.35.

How much does it cost to live in Seattle per month?

Summary about cost of living in Seattle, WA, United States: Four-person family monthly costs: 4,224$ without rent (using our estimator). A single person monthly costs: 1,179$ without rent.

Is 140k a good salary in Seattle?

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

How much money do I need to move to Seattle?

Expect to need $70K a year to be comfortable in the Seattle area according to Seattle Met. The area is the 9th most expensive C.O.L.I., so money doesn’t go far. Find out where you are moving and expect that 1/3 of your finances will be towards rent.

Do I qualify for MFTE Seattle?

All properties participating in the MFTE and Incentive Zoning programs must certify that applicants are income eligible for the program(s). Property managers must: … Household must be below the maximum allowable income limit and have all above documentation on file prior to signing a lease/renting unit.

What is the poverty line in Seattle?

“While many people benefit from our strong local economy, we should keep in mind that 1 in 9 Seattle residents lives below the poverty line.” Poverty varies by household size. A single person under age 65 is considered poor if their total income falls below $13,064.

Is 200k a good salary in Seattle?

The median family income in Seattle is about $80K. On $200K you’ll live as well as the average family, plus have $6,000 extra in spending money after taxes each month. You’ll be fine.

How much does Amazon pay in Seattle?

Amazon in Seattle, WA Area SalariesJob TitleLocationSalaryAmazon Amazon Associate salaries – 3 salaries reportedSeattle, WA Area$14/hrAmazon Software Development EngineerAt Amazon salaries – 3 salaries reportedSeattle, WA Area$110,695/yrAmazon Amazon Fresh Associate salaries – 3 salaries reportedSeattle, WA Area$16/hr17 more rows

Is living in Seattle expensive?

According to the Cost of Living Index, Seattle is the fifth most expensive place to live in America as of the first quarter of 2019. According to the Cost of Living Index, Seattle is the fifth most expensive place to live in America as of the first quarter of 2019.

What is the average mortgage payment in Seattle?

$2,855Seattle. In Seattle, in order to afford the city’s median monthly mortgage payment of $2,855, homeowners must earn a minimum annual income of $114,217. The average price of a home in Seattle is $583,100.

Where should I live if I work in Seattle?

Redmond. Town in Washington. 85 reviews. … Bellevue. City in Washington. 144 reviews. … Clyde Hill. Suburb of Seattle, WA. #3 Best Suburbs to Live in Seattle Area. … Sammamish. Suburb of Seattle, WA. … Mercer Island. Suburb of Seattle, WA. … Yarrow Point. Suburb of Seattle, WA. … Issaquah. Suburb of Seattle, WA. … Kirkland. Suburb of Seattle, WA.More items…

What is middle class income in Washington state?

Range of household incomes needed to be considered middle class, by family sizeStateSingleCoupleWashington$27,529 – $82,586$38,931 – $116,794West Virginia$22,858 – $68,573$32,326 – $96,977Wisconsin$24,215 – $72,644$34,245 – $102,734Wyoming$25,232 – $75,697$35,684 – $107,05248 more rows•Jul 15, 2020

What is considered 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.

What jobs are in demand in Seattle?

Read on to see where the hottest work is in Seattle right now and how you can steer your career there.Marketing Manager. … Technical Writer. … Software Developer. … Data Scientist. … Cybersecurity Analyst.

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 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 cheaper than California?

Seattle, Washington is 4% more expensive than Los Angeles, California. The reality is that Seattle is more expensivethan ever, compared to the rest of the country. … Seattle is now the third-most expensive city in the country, again among the 100 largest, according to Zillow.

What is a good salary in Seattle?

Income needed: $72,092. 50 percent for necessities: $36,046.