What is a Good Salary in Florida in 2023? Breakdown by City & Salary Levels (2023)

FAQs

What is considered a high salary in Florida? ›

What is a livable salary in Florida? MIT's Living Wage Calculator says a livable salary for a single person in Florida with no children is about $36,000 before taxes.

How much does a Registered Nurse (RN), Level 3 make in Florida? The average Registered Nurse (RN), Level 3 salary in Florida is $90,200 as of February 27, 2023, but the range typically falls between $79,700 and $103,000.

Florida: Average Salary

The average salary in Florida is $55,563 per year or $26.71 per hour. Entry level positions start at $33,615 per year while most experienced workers make up to $140,182 per year.

In the state rankings, the Sunshine State came in at No. 8. According to the SmartAsset study, you would need to have an annual household income of $678,800 to earn your place in Florida's 1% club in 2023. That's just slightly above the national average of $645,600.

In the South Florida metro of Miami, Fort Lauderdale and West Palm Beach, the low-end middle-class income is $43,000, while the high-end middle-class income is $128,000. Additionally, in Tampa, St. Petersburg and Clearwater, the low-end middle-class income is $42,000, while the high-end middle-class income is $126,000.

If you make $70,000 a year living in the region of Florida, USA, you will be taxed $13,523. That means that your net pay will be $56,477 per year, or $4,706 per month.

If you make $90,000 a year living in the region of Florida, USA, you will be taxed $19,453. That means that your net pay will be $70,547 per year, or $5,879 per month.

If you make $100,000 a year living in the region of Florida, USA, you will be taxed $22,418. That means that your net pay will be $77,582 per year, or $6,465 per month.

The salary scale structure for Pay Level 3 starts at Rs 21,700 and ends at Rs 69,100. The salary scale structure for Pay Level 4 starts at Rs 25,500 and ends at Rs 81,100 The salary scale structure for Pay Level 5 starts at Rs 29,200 and ends at Rs 92,300.

What is level 4 salary? ›

Pay Matrix Level 4 is equal to the Grade Pay of 2400 in the 6th CPC regime. As per the pay matrix table, the starting basic salary of pay level 4 is Rs. 25500 and the maximum basic salary is Rs. 81100.

If you make $300,000 a year living in the region of Florida, USA, you will be taxed $88,585. That means that your net pay will be $211,416 per year, or $17,618 per month.

The city in Florida with the highest average salary is (drumroll, please) beautiful Bonita Springs, a southwestern coastal town paying an average salary of $68,218. That's $14,307 more than Florida's average salary. But the highest average salary for a Florida city isn't the only thing to enjoy about Bonita Springs.

The richest city in Florida is Palm Beach. The median household income in Palm Beach is $169,500. It's also the Florida city with the most billionaires, with an estimated 30 billionaires living in Palm Beach as of 2022.

A good rule of thumb is to keep the lower end of your range at least 10 percent above your current salary, or the number you determine is a reasonable salary for the position. For example, if you currently earn $50,000, you may say that your range is $55,000 to $65,000.

Florida is the first state in the list with a top 10% earning at least $200,000, a significant 267% above the median income.

From the top 5% to the top 1%

You'll start to see dramatic shifts in the top 5%, where the EPI found the average earners significantly increased to $343,000 in 2020, up from $324,000 the year before.

If you make $80,000 a year living in the region of Florida, USA, you will be taxed $16,488. That means that your net pay will be $63,512 per year, or $5,293 per month.

So American families earning between $47,189 and $141,568 are technically in the middle class, according to the Pew Research Center's definition.

Household incomes commonly exceed $100,000, with some smaller one-income earners household having incomes in the high 5-figure range.

What income is considered poor in Florida? ›

The house you can afford on a $70,000 income will likely be between $290,000 to $360,000. However, your home-buying budget depends on quite a few financial factors — not just your salary.

If you make $500,000 a year living in the region of Florida, USA, you will be taxed $163,285. That means that your net pay will be $336,716 per year, or $28,060 per month.

If you make $125,000 a year living in the region of Florida, USA, you will be taxed $30,290. That means that your net pay will be $94,710 per year, or $7,893 per month. Your average tax rate is 24.2% and your marginal tax rate is 31.7%.

If you make $42,000 a year living in the region of Florida, USA, you will be taxed $6,494. That means that your net pay will be $35,507 per year, or $2,959 per month. Your average tax rate is 15.5% and your marginal tax rate is 19.7%.

If you make $120,000 a year living in the region of Florida, USA, you will be taxed $28,708. That means that your net pay will be $91,293 per year, or $7,608 per month.

If you make $110,000 a year living in the region of Florida, USA, you will be taxed $25,543. That means that your net pay will be $84,458 per year, or $7,038 per month.

If you make $77,000 a year living in the region of Florida, USA, you will be taxed $15,599. That means that your net pay will be $61,402 per year, or $5,117 per month.

If you make $150,000 a year living in the region of Florida, USA, you will be taxed $38,017. That means that your net pay will be $111,984 per year, or $9,332 per month.

$100,000 yearly is how much per hour? If you make $100,000 per year, your hourly salary would be $50.61. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 38 hours a week.

What is the best salary structure? ›

When it comes to pay, the term "competitive" refers to pay that is comparable to or higher than the market value of a position. A competitive salary in human resources is equal to the average market rate for the position plus a percentage of that rate.

A traditional salary range is commonly 30 percent to 40 percent. It is common that top salary grades (i.e., for executives and top management) have a wider range (sometimes greater than a range of 40 percent) and that the lowest salary grades often have the narrowest range (sometimes smaller than 30 percent).

The estimated total pay for a L5 Area Manager at Amazon is $169,417 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

Retail Employee Level 5 is a unique classification level as it does not provide a comprehensive list of duties, only that it is higher than Retail Employee Level 4 and typical job titles include: A tradesperson in charge of other tradespersons within a section or department; and.

As of Mar 6, 2023, the average annual pay for an Amazon Level 4 in the United States is $66,736 a year. Just in case you need a simple salary calculator, that works out to be approximately $32.08 an hour.

That means that your net pay will be $59,995 per year, or $5,000 per month. Your average tax rate is 20.0% and your marginal tax rate is 29.7%.

If you make $140,000 a year living in the region of Florida, USA, you will be taxed $35,038. That means that your net pay will be $104,963 per year, or $8,747 per month.

Cape Coral

It's easily one of the most affordable places to live in Florida. It's also one of the safest cities in Florida, with one of the lowest crime rates in the state.

Where are people moving to in Florida? ›

Some 318,855 people moved to Florida in 2022, a population gain of almost 2%. Cities like Ocala and Tallahassee were among the most popular ones for movers. Deltona and Miami also saw a large influx of residents.

Of the 592 towns in the state with available data, Gifford ranks as the poorest. The typical Gifford household earns just $22,353 a year, 63.8% less than the statewide median household income.

According to the data, Florida's poorest city is University! Located in Hillsborough County, this community is located right next to the University of South Florida in Tampa. Locals often call it "Suitcase City" since many people don't live there for long or are temporary residents.

Choose a salary range.

Try to keep your range tight rather than very wide. For example, if you want to make $75,000 a year, a good range to offer would be $73,000 to $80,000. Keep your range to less than a $10,000 difference.

Say you're flexible.

You can try to skirt the question with a broad answer, such as, “My salary expectations are in line with my experience and qualifications.” Or, “If this is the right job for me, I'm sure we can come to an agreement on salary.” This will show that you're willing to negotiate.

Pick the Top of the Range

As you're doing your research, you'll likely come up with a range that represents your market value. It can be tempting to ask for something in the middle of the range, but instead you should ask for something toward the top.

If you make $100,000 a year living in the region of Florida, USA, you will be taxed $22,418. That means that your net pay will be $77,582 per year, or $6,465 per month.

If you make $120,000 a year living in the region of Florida, USA, you will be taxed $28,708. That means that your net pay will be $91,293 per year, or $7,608 per month.

How much is 125k salary in Florida? ›

If you make $125,000 a year living in the region of Florida, USA, you will be taxed $30,290. That means that your net pay will be $94,710 per year, or $7,893 per month. Your average tax rate is 24.2% and your marginal tax rate is 31.7%.

A recent report based on data from the U.S. Bureau of Labor Statistics shows that only 3.1 percent of jobs in South Florida pay six figures, compared with 6.7 percent of jobs nationally.

To find out more about how many people make over 100k per year, we've gathered essential facts and data. According to our extensive research: 18% of individual Americans make over $100k per year. 34.4% of US households make over $100k per year.

What is upper class in Florida? In Florida, households must earn a minimum of $26,023 per year to be considered middle class, with the upper earnings boundary set at $117,719, according to a new 24/7 Wall St. analysis.