Salary Comparison By City Smartasset

Salary Comparison By City Smartasset. Fica contributions are shared between the employee and the employer. However, the 6.2% that you pay only applies to income up to the social security tax cap, which for 2021 is $142,800 (up from $137,700 in 2020).

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Includes taxes as a category for comparison In order to estimate the salary needed to afford home payments in the largest 15 cities in the country, we gathered data from the u.s. Fica contributions are shared between the employee and the employer. A free inside look at smartasset salary trends based on 39 salaries wages for 29 jobs at smartasset. What salary does a product & project management earn in your area?

We started with the median home value in each city and calculated how much a 20% down payment would cost.

I want to live in. We use the consumer price index (cpi) and salary differentials of over 300+ us cities to give you a comparison of costs and salary. And homeowners with additional monthly debt payments of $750 need to make $62,100 to live comfortably in this city. See all editorial assistant salaries to learn how this stacks up in the market. We did this in order to find cities where living on a $55,000 salary was within the range of how the average resident lives. To live on a $60,000 salary, smartasset first created a list of the cities in which the median household income was between $55,000 and $65,000.

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