Taylor Hourly Wage & Salary 2026
Taylor, MI: $22.52/hr median hourly wage, $46,851 median annual salary, cost of living index 94.8, and $10.33/hr minimum wage. Calculate take-home pay with federal and Michigan taxes.
Taylor Hourly Wage Quick Answer
The median hourly wage in Taylor, MI is $22.52/hr, equivalent to $46,851 per year at 2,080 work hours. Entry-level pay estimates around $13.96/hr, senior-level pay estimates around $31.98/hr, and the local minimum wage is $10.33/hr.
Median Salary
$46,851
$22.52/hr
Cost of Living
94.8
US avg = 100
Minimum Wage
$10.33
per hour
Unemployment
4.2%
rate
Taylor, MI Overview
Population
61,422
Median Salary
$46,851
Average Salary
$52,473
Avg Commute
18 min
Median Home Price
$204,000
Median Rent
$847/mo
Job Growth
+1.1%
Sales Tax
6%
Taylor is located in Michigan with a population of 61,422. The median household salary is $46,851 per year ($22.52/hour), which is $12,533 below the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +1.1%.
Taylor Salary by Experience Level (2026)
Wage distribution in Taylor, MI based on BLS percentile breakdown of the $46,851 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 | $29,048 | $13.96/hr | 0–2 years |
| Mid-Level (Median) | $46,851 | $22.52/hr | 3–7 years |
| Senior-Level | $66,528 | $31.98/hr | 8–15 years |
| Top 10% (90th Percentile) | $83,395 | $40.09/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.
Taylor Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Taylor, MI, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$37,496
$3,124.69/month · $1,442.16/biweekly · Effective Rate: 20.0%
Gross Pay
$46,851
Federal Tax
-$3,442
State Tax
-$1,991
Local Tax
-$337
FICA
-$3,584
Net Pay
$37,496
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,904.25 | $46,851.00 |
| Federal Income Tax | -$286.84 | -$3,442.12 |
| Michigan State Tax (4.25%) | -$165.93 | -$1,991.17 |
| Local Tax (0.72%) | -$28.11 | -$337.33 |
| Social Security (6.2%) | -$242.06 | -$2,904.76 |
| Medicare (1.45%) | -$56.61 | -$679.34 |
| Net Take-Home Pay | $3,124.69 | $37,496.28 |
Salary Comparison: Taylor vs Other Cities
See how Taylor's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Taylor, MI | $46,851 | 94.8 | $49,421 |
| National Average | $59,384 | 100 | $59,384 |
| Bozeman, MT | $46,838 | 118.5 | $39,526 |
| Rogers, AR | $46,866 | 88.2 | $53,136 |
| Schertz, TX | $46,820 | 85 | $55,082 |
| Shawnee, OK | $46,886 | 82.6 | $56,763 |
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 Taylor
Taylor's cost of living index is 94.8 (national average = 100). Living in Taylor is 5.200000000000003% less expensive than the national average.
Median Home Price
$204,000
Median Monthly Rent
$847
Annual Rent Cost
$10,164
Your Salary's Purchasing Power
Your $37,496 annual take-home pay in Taylor has the purchasing power of approximately $39,553 in an average-cost US area. Your $46,851 salary stretches further here than in most US cities.
Top Industries in Taylor
Taylor's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $46,851.
Salary Tips for Taylor Workers
- Research top industries. Taylor's top industries include Automotive, Manufacturing, Agriculture. Targeting roles in these sectors can help you earn above the $46,851 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.
Methodology & Local Economy Data Sources
How we calculate Taylor salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Taylor-MI metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Taylor indexed at 94.8.
- Median salary calculation: weighted average of Taylor's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $46,851 annual median.
- Tax burden reflects Michigan state income tax (4.25%), plus Taylor local tax of 0.72%, sales tax (6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Taylor: 4.2%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Automotive, Manufacturing, Agriculture — based on QCEW employment concentration data.
- Job growth: 1.1% projected through 2034, derived from BLS Employment Projections program for Michigan.
- Housing context: median home price $204,000, median rent $847/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Taylor, MI:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Taylor unemployment rate
- U.S. Census Bureau — Taylor QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Michigan — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Taylor's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Michigan labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Taylor, MI?
The median hourly wage in Taylor, MI is $22.52 per hour. At a standard 2,080-hour work year, that equals about $46,851 per year. Entry-level workers are estimated around $13.96/hr, while senior-level workers are estimated around $31.98/hr before overtime, bonuses, or benefits.
What is the median salary in Taylor, MI?
The median salary in Taylor, MI is $46,851 per year, or $22.52 per hour. The average salary is $52,473. This is $12,533 below the national median of $59,384.
What is the cost of living in Taylor, MI?
Taylor's cost of living index is 94.8 (national average = 100), meaning it is 5.200000000000003% less expensive compared to the national average. The median home price is $204,000 and the median monthly rent is $847.
What are the best industries in Taylor?
The top industries in Taylor, MI include Automotive, Manufacturing, Agriculture. The city has a job growth rate of 1.1% and an unemployment rate of 4.2%. Workers in these industries often earn above the city's median salary of $46,851.
How does Taylor's salary compare to other cities?
Taylor's median salary of $46,851 is 21.1% below the national median of $59,384. However, when adjusted for cost of living (index: 94.8), the real purchasing power is approximately $49,421.
What is the minimum wage in Taylor, MI?
The minimum wage in Taylor, MI is $10.33 per hour. This equals approximately $21,486 per year for a full-time worker (40 hours/week). This is $3.08 above the federal minimum wage of $7.25/hour.