How A lot Is 6 Figures? “Six Determine” That means Defined

How a lot is six figures?

If you happen to’ve heard of individuals pulling in a six-figure wage, beginning a six-figure enterprise, or making an attempt to construct a six-figure checking account, it is sensible to surprise how a lot cash six figures can really be. 

Let’s look into how a lot six figures is price, what ranges exist inside that class, and what six-figure jobs you will get.



How A lot Is Six Figures in {Dollars}? Low, Mid, and Excessive 6 Figures


The “figures” in “6 figures” merely refers back to the particular person digits inside a quantity. Digits are the numbers from 0-9. 

For instance, the quantity “100” accommodates three digits, so it’s a 3-figure quantity. 1,000 is 4 figures, and 10,000 is 5 figures. 

So, how a lot is 6 figures? The quick reply is that 100,000 is the primary quantity that accommodates six digits, and 999,999 is the final. 

Any quantity between 100,000 and 999,999 is a six-figure quantity. 


How A lot Is 6 Figures a Yr?


$100,000 to almost $1 million is sort of a spread, particularly once you’re referring to one thing like a six-figure wage. That’s why lots of people separate it additional, into low six-figures, mid six-figures, and excessive six-figures.

Distinguishing between these classes isn’t fairly so easy, although. There’s not a lot consensus on what counts as a low, medium, or excessive six-figure wage. 

Essentially the most mathematically correct approach could be to divide the vary into three equal elements (give or take a greenback):

  • Low six-figures = $100,000 – $400,000
  • Mid six-figures = $400,000 – $700,000
  • Excessive six-figures = $700,000 – $999,999


Nevertheless, you would possibly discover that completely different individuals consider these ranges in numerous methods. Somebody making $300,000 a yr would possibly say they’ve a mid six-figure wage, and I in all probability wouldn’t argue the purpose!


How A lot Is 6 Figures a Month?


100,000 per yr = 8,333.33 monthly (12 months per yr)

If you happen to’re incomes six figures a yr as a gross determine, this isn’t your true take-home pay. You need to issue within the taxes that will probably be taken out. 

Your tax bracket will differ relying in your location, whether or not you’re submitting collectively or singly, what deductions you qualify for, and so forth.

Let’s simply use a ballpark determine and say that 25% of your gross paycheck will go in direction of taxes. You possibly can estimate your take-home pay after taxes by merely dividing your gross pay by 4 and subtracting that quantity. 25% of $8,333 is about $2,083.

$8,333 – $2,083 = $6,250

In fact, the particular quantity you’re taking house will differ based mostly in your precise wage and taxes. However for those who’re incomes $100,000 a yr and curious how a lot six figures is monthly or per week, you’ll be able to anticipate to be working with round $6,000 monthly or $1,500 per week.


Does Six Figures Make You Wealthy? What Does a 6-Determine Wage Get You?


The reply right here won’t be that satisfying, however the easy reality is: it relies upon. Six figures can provide you sufficient to retire and stay the excessive life for years, or it could actually cowl your yearly bills with out a lot to spare. 

Past how excessive the precise six-figure quantity is, the opposite foremost issue at play is your value of dwelling (typically abbreviated as COL). Value of dwelling can differ wildly between completely different areas of the world, and even inside a rustic. 

If you happen to’re dwelling in a $4,000/month house in San Francisco, CA, and spending 1000’s extra on different bills, a low six-figure wage can bleed away rapidly. (In reality, $117,000 a yr is taken into account low-income for a household of 4 there!)

However for those who’re in a low-COL space (just like the midwest US or quite a lot of worldwide places), even the bottom six-figure quantity of $100,000 can have you ever dwelling very nicely and piling away cash in financial savings and investments.

Lots of people within the FIRE (Monetary Independence/Retire Early) house purpose to apply “geo-arbitrage,” the place they work remotely for an employer in an costly location whereas dwelling someplace with a decrease value of dwelling. Or, somebody would possibly plan to retire overseas in order that they don’t want to save lots of up as a lot cash of their retirement accounts.

Even for those who don’t earn a six-figure wage, you’ll be able to stay frugally sufficient to save lots of up a six-figure checking account. From a world perspective, having $100,000 in financial savings or investments does put you within the prime 10% wealthiest individuals on this planet. It won’t make you wealthy sufficient to retire instantly, however it’s inarguably wealthy compared to most individuals. 

To place six-figure numbers right into a bodily perspective, $100,000 is one thousand $100-dollar payments. $999,999 is only one greenback in need of ten thousand $100 payments. It feels extra summary in a checking account, however most individuals would really feel wealthy holding a group of money like that of their palms!


6-Determine Wage Jobs


Wish to earn a six-figure wage? It’s not as straightforward as strolling into a brand new office and filling out a job utility.

You’ll normally want years of coaching and expertise to work your approach as much as six figures, until you already stay in an costly location the place $100,000+ is regular proper out of school or commerce faculty.

That mentioned, there are 77 occupations that averaged six-figure annual pay within the U.S. in 2018, so you’ve loads of choices!

Listed below are some highlights representing completely different profession sorts:


  1. Anesthesiologists ($265k+ common wage)
  2. Surgeons ($250k+)
  3. Psychiatrists ($216k+)
  4. Dentists ($174k+)
  5. Data techniques managers ($149k+)
  6. Advertising managers ($145k+)
  7. Gross sales managers ($137k+)
  8. Physicists ($123k+)
  9. Air visitors controllers ($120k+)
  10. Pc {hardware} engineers ($119k+)


The whole record has quite a lot of managerial positions, engineering roles, and jobs within the medical area. Working your approach up the ladder in one in all these areas provides you probability of incomes six figures. 

When you have an entrepreneurial spirit, you can even attempt to develop a six-figure enterprise. This is usually a riskier endeavor with out the assure that it’ll repay, however on the flip facet, it doesn’t put a cap in your progress like a salaried job does. 

Wish to learn the way a lot six figures might enhance your life? There’s no straightforward components to earn it in a single day, however for those who’re motivated, you’ll be able to all the time make a plan. If you have already got a profession you like however aren’t incomes as a lot as you’d like, complement your revenue by selecting up a facet hustle—it would simply put you over the six-figure edge.

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