Is 60000 a Good Salary?

According to the Bureau of Labor Statistics, a 60k annual income is the median US income. This means that half of all workers in the US make more than 60k per year, and half make less. However, 60k per year is generally considered to be a good salary.

What can you afford with 60k salary?

The usual rule of thumb is that you can afford a mortgage two to 2.5 times your annual income. That's a $120,000 to $150,000 mortgage at $60,000.

Is 60k a year good for a single person?

60k as a single male is plenty enough to have a used car, rent your own 1BR apartment in a good part of town, put away some cash in 401k/roth ira, go out every weekend eating/drinking without having to sweat it. but you won't be buying new cars, living like a "baller", or impressing any of your friends with money.