A good salary in Arizona generally starts around $67,364 per year, which represents the 75th percentile of salaries in the state.
For many, a good salary in Arizona is one that allows for a comfortable lifestyle, covers living expenses, and permits discretionary spending and savings. While salary expectations can vary greatly based on factors like industry, experience, and specific location within Arizona, a strong benchmark for a 'good' income in the state is $67,364 annually. This figure represents the 75th percentile of salaries, meaning individuals earning at or above this level are earning more than 75% of their peers in Arizona.
Understanding Salary Percentiles in Arizona
Salary percentiles provide a clear picture of income distribution, helping you gauge where your earnings stand relative to others.
- 25th Percentile: Earning below $39,523 per year places a salary in the 25th percentile, with incomes below this level often considered outliers. While this income can cover basic necessities, it may not allow for significant savings or discretionary spending.
- 75th Percentile: A salary of $67,364 per year falls into the 75th percentile. This indicates a strong earning position, suggesting a comfortable standard of living for most individuals or families in Arizona. It generally allows for more financial flexibility, including opportunities for savings, investments, and a higher quality of life.
Arizona Salary Overview
To help visualize the salary landscape, here's a general breakdown:
| Percentile | Annual Salary | Interpretation |
|---|---|---|
| 25th Percentile | $39,523 | Below this is often considered an outlier; basic needs only. |
| 75th Percentile | $67,364 | A good, comfortable salary; higher earning potential. |
Factors Influencing What Makes a Salary 'Good'
What constitutes a "good" salary is subjective and can be heavily influenced by several factors:
- Cost of Living: While Arizona's overall cost of living is often considered close to the national average, specific areas like Scottsdale or Paradise Valley can have significantly higher housing costs. A salary that is "good" in a rural area might be stretched thin in a major metropolitan area like Phoenix or Tucson.
- Industry and Occupation: Highly skilled professions such as technology, healthcare, engineering, and finance typically command higher salaries than those in service or administrative roles.
- Experience Level: Entry-level positions will naturally offer lower salaries compared to mid-career professionals or senior-level executives with extensive experience and specialized skills.
- Education and Qualifications: Advanced degrees, professional certifications, and specialized training can significantly increase earning potential across various fields.
- Lifestyle Expectations: Personal financial goals, whether it's saving for a down payment, supporting a family, or pursuing leisure activities, will also dictate what an individual considers a "good" income.
Ultimately, a good salary in Arizona is one that not only meets your financial obligations but also aligns with your desired quality of life and allows for future financial growth.
