Salary & Cost of Living in Revere, MA
Revere, MA: $73,431 median salary, cost of living index 127.9, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$73,431
$35/hr
Cost of Living
127.9
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.2%
rate
Revere, MA Overview
Population
62,186
Median Salary
$73,431
Average Salary
$82,243
Avg Commute
18 min
Median Home Price
$645,000
Median Rent
$2,611/mo
Job Growth
+1.5%
Sales Tax
6.25%
Revere is located in Massachusetts with a population of 62,186. The median household salary is $73,431 per year ($35/hour), which is $14,047 above the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +1.5%.
Revere Salary by Experience Level (2026)
Wage distribution in Revere, MA based on BLS percentile breakdown of the $73,431 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $45,527 | $21.89/hr | 0–2 years |
| Mid-Level (Median) | $73,431 | $35.30/hr | 3–7 years |
| Senior-Level | $104,272 | $50.13/hr | 8–15 years |
| Top 10% (90th Percentile) | $130,707 | $62.83/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Revere Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Revere, MA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$56,373
$4,697.76/month · $2,168.20/biweekly · Effective Rate: 23.2%
Gross Pay
$73,431
Federal Tax
-$7,769
State Tax
-$3,672
Local Tax
$0
FICA
-$5,617
Net Pay
$56,373
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,119.25 | $73,431.00 |
| Federal Income Tax | -$647.40 | -$7,768.82 |
| Massachusetts State Tax (5%) | -$305.96 | -$3,671.55 |
| Social Security (6.2%) | -$379.39 | -$4,552.72 |
| Medicare (1.45%) | -$88.73 | -$1,064.75 |
| Net Take-Home Pay | $4,697.76 | $56,373.16 |
Salary Comparison: Revere vs Other Cities
See how Revere's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Revere, MA | $73,431 | 127.9 | $57,413 |
| National Average | $59,384 | 100 | $59,384 |
| Long Branch, NJ | $73,435 | 125.9 | $58,328 |
| Pico Rivera, CA | $73,519 | 152.3 | $48,272 |
| Shoreline, WA | $73,332 | 117.8 | $62,251 |
| Vista, CA | $73,533 | 162.3 | $45,307 |
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 Revere
Revere's cost of living index is 127.9 (national average = 100). Living in Revere is 27.900000000000006% more expensive than the national average.
Median Home Price
$645,000
Median Monthly Rent
$2,611
Annual Rent Cost
$31,332
Your Salary's Purchasing Power
Your $56,373 annual take-home pay in Revere has the purchasing power of approximately $44,076 in an average-cost US area. You would need to earn $93,918 in Revere to match a $73,431 salary in an average-cost city.
Top Industries in Revere
Revere's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $73,431.
Salary Tips for Revere Workers
- Negotiate for cost of living. Revere has a cost of living 27.900000000000006% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Research top industries. Revere's top industries include Biotech, Education, Finance. Targeting roles in these sectors can help you earn above the $73,431 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.
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Frequently Asked Questions
What is the median salary in Revere, MA?
The median salary in Revere, MA is $73,431 per year, or $35 per hour. The average salary is $82,243. This is $14,047 above the national median of $59,384.
What is the cost of living in Revere, MA?
Revere's cost of living index is 127.9 (national average = 100), meaning it is 27.900000000000006% more expensive compared to the national average. The median home price is $645,000 and the median monthly rent is $2,611.
What are the best industries in Revere?
The top industries in Revere, MA include Biotech, Education, Finance. The city has a job growth rate of 1.5% and an unemployment rate of 3.2%. Workers in these industries often earn above the city's median salary of $73,431.
How does Revere's salary compare to other cities?
Revere's median salary of $73,431 is 23.7% above the national median of $59,384. However, when adjusted for cost of living (index: 127.9), the real purchasing power is approximately $57,413.
What is the minimum wage in Revere, MA?
The minimum wage in Revere, MA is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.