What is the average salary in Guam?
From highest-paying jobs to income by gender, we take a closer look at the average salary in Guam.
Understanding the average salaries in Guam is important for individuals considering relocating to the island or for those who want to maximize their earning potential.
The Guam average salary by hour is $19.84 and $2,976 by month.
The median income in Guam is $55,950.
Guam has a high cost of living and relatively low salaries.
Men earn 1% more than women in Guam.
Guam island has the highest average salary.
In this article, we'll explore the average salary in Guam by city and county, the highest paying jobs, how wages vary by age, and frequently asked questions about salaries in Guam.
What is the average income in Guam by city?
According to the U.S. Bureau of Labor Statistics, the average hourly wage in Guam is $19.84. As the largest city on the island, Tamuning offers the highest average income in Guam. Notably, many high-paying industries in Guam are centered around tourism, such as hotel management and food service.
However, it's important to consider that the cost of living in Guam is high, with expenses such as housing and transportation significantly impacting the overall affordability of these wages for residents. It’s also important to remember that average salary by city is only one way of calculating potential wealth.
The drawback is that Guam's average income by city doesn’t take into account the types of jobs that people do to earn higher or lower than the average or the number of people in one household.
Here are the average salaries in Guam by city:
|City||Average household income|
What is the average income in Guam by county?
As the capital and most populous island, Guam island offers the highest average salary in Guam. However, the other islands also offer job opportunities in industries such as agriculture and construction.
Here are the average salaries in Guam by county:
What is a ‘good’ salary in Guam?
Defining a ‘good’ salary in Guam relies on all sorts of variable factors, and these should be taken into account. The median income in Guam is $55,950. For example, $70,000 is a far higher salary than the median average in Guam but may not be considered "good" if you have a high cost of living or significant debt to repay.
What are the highest-paying jobs in Guam?
If you're interested in the highest-paying jobs, here are some of the jobs that offer the top Guam average salaries, according to the Guam Department of Labor:
|Occupation||Annual mean wage|
|Business & Financial Operations||$84,198|
|Computer & Mathematical||$119,872|
|Architecture & Engineering||$105,770|
|Life, Physical, & Social Science||$91,100|
|Community & Social Service||$58,272|
|Education, Training, & Library||$64,168|
|Arts, Design, Entertainment, Sports, & Media||$69,625|
|Healthcare Practitioners & Technical||$105,245|
|Food Preparation & Serving Related||$31,993|
|Building & Grounds Cleaning & Maintenance||$37,461|
|Personal Care & Service||$34,047|
|Sales & Related||$38,049|
|Office & Administrative Support||$46,994|
|Farming, Fishing, & Forestry||$31,169|
|Construction & Extraction||$62,681|
|Installation, Maintenance, & Repair||$58,497|
|Transportation & Material Moving||$37,578|
What is the average salary in Guam by age?
The median income in Guam is $55,950. Alongside location and occupation, salaries in Guam are also dependent on age, as senior or more experienced workers will be paid more. When workers retire, their income will dip again as they will rely on pensions and other forms of set income. Data is unavailable for specific age groups. You can also check out the complete guide to retirement in Guam here.
What is the average salary in Guam by hour?
If Americans work an average of 1,801 hours per year — at 37.5 hours a week — then the average salary in Guam per hour is $19.84.
What is the average monthly salary in Gaum?
The average monthly salary in Guam is $2,976, calculated at being paid $19.84 per hour for 150 hours.
What is the average salary in Guam by education level?
The Guam average salary for someone with a bachelor’s degree is $8,601 per month, which works out to $1,985 per week or $51.4 per hour. Data is unavailable for other education levels.
What is the average salary in Guam by gender?
The average salary in Guam for males is $17,860, and the average salary for females is $17,620. Speaking generally, men earn 1% more than women performing the same job across all professions.
What is a good starting salary in Guam?
Starting salaries in Guam begin at approximately $350, which is not the minimum wage as per law. However, people can earn up to 32% more than entry-level workers within two to five years.
Speak to a financial advisor
Given the high cost of living and the relatively lower average salary in Guam, it’s important to make the most of your income.
Let us match you with an SEC-regulated financial advisor who can offer you expert financial advice and help you navigate planning, investing, and saving for retirement.
Kate has written for leading publications and blue chip companies over the last 20 years.