Salary & Cost of Living in Apex, NC
Apex, NC: $53,093 median salary, cost of living index 99.6, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$53,093
$26/hr
Cost of Living
99.6
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
2.9%
rate
Apex, NC Overview
Population
73,890
Median Salary
$53,093
Average Salary
$59,464
Avg Commute
19 min
Median Home Price
$287,000
Median Rent
$1,185/mo
Job Growth
+2.5%
Sales Tax
4.75%
Apex is located in North Carolina with a population of 73,890. The median household salary is $53,093 per year ($26/hour), which is $6,291 below the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +2.5%.
Apex Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Apex, NC, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$42,310
$3,525.80/month · $1,627.29/biweekly · Effective Rate: 20.3%
Gross Pay
$53,093
Federal Tax
-$4,333
State Tax
-$2,389
Local Tax
$0
FICA
-$4,062
Net Pay
$42,310
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,424.42 | $53,093.00 |
| Federal Income Tax | -$361.06 | -$4,332.66 |
| North Carolina State Tax (4.5%) | -$199.10 | -$2,389.19 |
| Social Security (6.2%) | -$274.31 | -$3,291.77 |
| Medicare (1.45%) | -$64.15 | -$769.85 |
| Net Take-Home Pay | $3,525.80 | $42,309.54 |
Salary Comparison: Apex vs Other Cities
See how Apex's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Apex, NC | $53,093 | 99.6 | $53,306 |
| National Average | $59,384 | 100 | $59,384 |
| Hendersonville, TN | $53,072 | 88.4 | $60,036 |
| Navarre, FL | $53,116 | 100 | $53,116 |
| Glendale, CA | $53,066 | 162.4 | $32,676 |
| Oak Park, IL | $53,138 | 97.2 | $54,669 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Apex
Apex's cost of living index is 99.6 (national average = 100). Living in Apex is 0.4000000000000057% less expensive than the national average.
Median Home Price
$287,000
Median Monthly Rent
$1,185
Annual Rent Cost
$14,220
Your Salary's Purchasing Power
Your $42,310 annual take-home pay in Apex has the purchasing power of approximately $42,479 in an average-cost US area. Your $53,093 salary stretches further here than in most US cities.
Top Industries in Apex
Apex's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $53,093.
Salary Tips for Apex Workers
- Research top industries. Apex's top industries include Banking, Technology, Biotech. Targeting roles in these sectors can help you earn above the $53,093 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Apex, NC?
The median salary in Apex, NC is $53,093 per year, or $26 per hour. The average salary is $59,464. This is $6,291 below the national median of $59,384.
What is the cost of living in Apex, NC?
Apex's cost of living index is 99.6 (national average = 100), meaning it is 0.4000000000000057% less expensive compared to the national average. The median home price is $287,000 and the median monthly rent is $1,185.
What are the best industries in Apex?
The top industries in Apex, NC include Banking, Technology, Biotech. The city has a job growth rate of 2.5% and an unemployment rate of 2.9%. Workers in these industries often earn above the city's median salary of $53,093.
How does Apex's salary compare to other cities?
Apex's median salary of $53,093 is 10.6% below the national median of $59,384. However, when adjusted for cost of living (index: 99.6), the real purchasing power is approximately $53,306.
What is the minimum wage in Apex, NC?
The minimum wage in Apex, NC is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.