As an expert in economic trends and salary benchmarks, I can provide an in-depth analysis of what constitutes a good average salary in the United States. It's important to note that the concept of a "good" salary can vary greatly depending on a multitude of factors including geographical location, cost of living, occupation, education level, and personal financial goals.
Firstly, the figure mentioned in the WSL/Strategic Retail survey of $150,000 as a desirable income level is indeed a substantial amount and significantly higher than the national median income. However, it does not necessarily reflect the average salary across the board. The national median income, which is a more accurate representation of the middle-income bracket in the U.S., has been reported around the figure of $49,445 for the year 2010, as mentioned in the survey. This median income is the point at which half of the households earn more and half earn less.
When considering a "good" salary, it's also crucial to take into account the cost of living in different regions of the country. For instance, $150,000 might provide a comfortable lifestyle in a small town or a mid-sized city, but it might not go as far in major metropolitan areas with a higher cost of living, such as New York City or San Francisco. In these areas, the cost of housing, transportation, and other essentials can quickly eat into what might seem like a large income.
Additionally, the field of employment plays a significant role in determining salary levels. High-paying sectors such as technology, finance, and healthcare often command higher salaries compared to other industries. For example, a software engineer or a financial analyst might expect to earn a higher salary than someone working in retail or food service, even at an entry-level position.
Educational attainment is another factor that can influence salary. Generally, the higher the level of education, the higher the potential earnings. Professionals with advanced degrees such as a Master's or a Ph.D. are often compensated more than those with only a Bachelor's degree or less.
Furthermore, it's important to consider the income distribution and the concept of the "middle class." The middle class is often defined as those who fall between the upper and lower economic strata. According to the Pew Research Center, as of 2021, about two-thirds of U.S. adults lived in middle-income households, which they defined as those earning between two-thirds and double the median income. Using the 2010 median income figure, this would place the middle-class income range roughly between $33,000 and $99,000.
Lastly, personal financial goals and lifestyle choices are subjective and can greatly affect what one might consider a good salary. Some individuals might be content with a salary that allows them to live modestly and save for the future, while others might aspire to a higher income to afford a more luxurious lifestyle or to achieve financial independence sooner.
In conclusion, while $150,000 might be a desirable income for some, it does not represent the average salary in the U.S., nor should it be considered the benchmark for a good salary without considering the various factors that can influence one's financial well-being. A good salary is ultimately one that allows an individual or a family to meet their financial obligations, save for the future, and maintain a lifestyle that aligns with their values and aspirations.

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The answer, at least according to a new survey of Americans by WSL/Strategic Retail, is $150,000. That level of income is more than three times the national median of $49,445 for 2010, and it's enough to put a household into the top 10 percent nationally.Mar 7, 2012read more >>