This post may contain affiliate links. Please read my disclosure for more information.
Have you ever wondered how much is 4 figures?
It’s a common phrase used to describe money when discussing purchases, earnings, or financial goals.
To put it simply, 4 figures means any amount ranging from $1,000 to $9,999. As you can see, these numbers actually have 4 figures, or 4 digits. This covers a lot of potential amounts, making it a flexible term for addressing money-related topics.
It’s important to remember that the 4-figure threshold only signifies a range and is not necessarily an indication of substantial earnings or expenses.
How Much is 4 Figures?
4 figures is any number between 1,000 and 9,999. So when it concerns money, it is any amount between $1,000 and $9,999. These numbers have 4 digits, thus the term 4 figures.
If the amount is less than $1,000 or equal to or more than $10,000, then it is not a 4 figure amount.
4 Figures Meaning in Money
When discussing finances, figure refers to the number of digits representing an amount. So, basically when it comes to income or money, 4 figures refers to any number with four digits.
For example, 3,652 is considered a four-figure number since it has 4 digits and is greater than 1,000 but less than or equal to 9,999. Other terms you might come across include five, six, seven, eight, or nine figures, which denote a higher range of income or monetary values
There are many times that people will use the term four figures when related to money. This could relate to salaries, commissions, or the cost of goods and services, such as a used car or a new appliance.
You might hear someone reference a 4-figure income, 4 figure sale, or 4-figure commission. They all refer to four digit numbers.
More Reading: How to Save Money From Your Salary
Looking for a Quick Way to Earn Extra Money Online? Try These:
What is a 4 Figure Salary?
How much is 4 figures in income? A 4 figure income would be any income that falls between $1,000 and $9,999. So any salary with four digits in it would be four figures.
An example of a 4 figure salary would be if you earned $8,500 a year. Obviously, this isn’t enough money to make it on.
But, if you are a part time worker, or a mom with a side hustle four figures might be good extra income.
In the United States, most full-time workers earn more than an average annual salary of more than four figures. A four-figure income would be considered extremely low in comparison to the national median and average incomes. The average salary in the US now is $55,640 which is actually 5 figures and is considered a good salary.
4-figure incomes do not provide the same financial stability as five figures or six figures incomes. Higher incomes, such as seven figures, eight figures, or nine figures, are often associated with executive positions and large successful businesses.
Related reading: How Much is 5 Figures?
How Much is 4 Figures a Day?
If you are making 4 figures a day then you are killing it! You would have to make between $1,000 and $9,999 daily to be making 4 figures.
Your annual income would be between $240,000 and $2,399,760 based on this daily salary. People making over 2 million might be athletes, actors and entrepreneurs or investors.
Related reading: YNAB vs. Personal Capital
How Much is 4 Figures a Week?
If you are earning 4 figures weekly then you are making somewhere between $1,000 and $9,999. You are doing really well if you make 4 figures a week in income.
Your annual income based on this would be between $48,000 and $479,952.
How Much is 4 Figures a Month?
Your monthly salary is between $1,000 and $9,999 if you are making 4 figures each month. Which means your yearly income would be between $12,000 and $119,998.
Your yearly salary is 5 figures if you are making 4 figures a month. To understand your exact monthly income, take your annual salary and divide that by 12.
More Reading: How Much Does it Cost to Live in a Trailer Park?
Is a 4 Figure Salary Good?
No, 4 figures yearly salary is not enough to make it on. It really is a meager income. However, if this is your side income it can be a good amount.
If you are a stay at home mom and your husband makes a full time income, then this might be all you need in yearly income
Jobs That Pay 4 Figure Salaries
If you’re looking for a part time job with a 4 figure salary, you may come across positions like certain tipped employees, such as servers or bartenders in some areas, earning between $1,000 and $9,999 per year.
The income in these roles usually depends on the number of hours you work, and the amount of tips you receive. It is more common to make four figures from a part time job.
During the summer months, you might look for seasonal positions that offer a 4 figure income.
These jobs are typically short-term and involve working during peak vacation times, such as lifeguarding, summer camp counseling, or retail positions in popular tourist destinations.
As with a part time job, how much you earn will depend on your hours, job, and location, but it is possible to earn a 4 figure salary within a few months. This is an ideal scenario for a student of course!
You might also be earning only 4 figures if you are in an internship. When you are just out of college, or working over the summer, you may have to take an internship to get your career started.
These types of positions tend to pay very little since the experience is what is valuable.
Remote jobs can also provide opportunities for 4 figure salaries. If your are just looking for a side income, then 4 figures may be all you want.
As a freelancer or independent contractor, you can take on various gigs, such as writing, graphic design, or programming, that pay on a per-project or hourly basis.
By managing your workload and skillset appropriately, you can work towards a 4 figure income. Keep in mind, though, that remote jobs can range from one-time projects to more consistent work, and your earnings can fluctuate.
In summary, while not as common as higher-paying positions, 4 figure salaries can be found in part-time positions, summer jobs, and remote job opportunities.
Money Tools to Help You
Tipped employees are relevant when discussing four-figure annual salaries.
Individuals in roles like restaurant servers, valet attendants, or bartenders often receive the majority of their income through tips, and their base hourly wage is much lower.
Tipped employees may receive a lower minimum wage rate that can be as low as $2.13 per hour, as long as their total earnings (including tips) meet or exceed the standard federal minimum wage.
Even with tips factored in, these employees might still fall into the four-figure income bracket, especially if they work part-time or in industries with inconsistent hours.
More Reading: How to Repair Your Credit After Bankruptcy
IS it Possible to Live On a Four Figure Salary
Making ends meet on four figure salaries can present some challenges since it is considered to be a low-income bracket. In most case it simply isn’t possible to live on 4 figures.
People earning within this range are usually working part-time jobs or occupations with lower hourly rates.
However, it’s worth noting that living on such an income heavily depends on factors such as location, living expenses, and your personal financial responsibilities. Here are some key points to bear in mind:
Housing: Finding affordable housing options on 4 figure salary jobs might be difficult, especially in urban areas with a higher cost of living. You may need to consider shared living arrangements or more cost-effective locations.
Transportation: Utilizing public transportation or considering alternative modes of transport, such as cycling may be needed.
Budgeting: Living on a 4 figure salary typically requires strict budgeting to ensure you can cover necessities like groceries, utilities, and healthcare.
Supplemental income: If you find that your wages are insufficient to sustain your lifestyle, seeking additional sources of income or side gigs could be a viable option to boost your financial situation.
Remember, navigating a 4 figure salary successfully depends on your ability to adapt, optimize your budget, and prioritize your needs.
More Reading: The 60-30-10 Rule of Budgeting
Frequently Asked Questions
What is a 4-figure income?
A 4-figure income refers to earning a salary between the amounts of $1,000 and $9,999.
It can be earned on a weekly, monthly, or yearly basis, depending on the job type and the hours worked. For example, a summer job might provide you with a 4-figure income.
What are 4-figure jobs?
Four-figure jobs typically include part-time positions or jobs with very low hourly rates, such as tipped employees. These jobs can provide a 4-figure income on a monthly basis, which may be suitable for students or individuals seeking additional income.
How Much Is low 4 figures?
Low 4 figures refer to an income closer to the lower end of the 4-figure range, typically between $1,000 and $4,999. If you earn an income within this range on a yearly basis, it may be considered insufficient due to the cost of living and inflation.
What is high 4 figures?
A high four figure income would be closer to the upper end of the four figures range, typically between $7,000 and $9,999. If you earn an income within this four figures range, it may be considered a high 4-figure salary on a weekly, monthly, or yearly basis.
Even with a salary in the high four figures range, it is important to be financially wise and practice smart budgeting.
How Much is Mid 4 Figures?
Mid four figures refer to an income halfway between the lower and upper ends of the 4-figure range, typically between $5,000 and $6,999.
To be classified as having a mid four figures income, you would need to earn an amount within this range on a weekly, monthly, or yearly basis.
What is the Highest Amount that can be Earned in a 4 Figure Income?
The highest amount of money that equals a four figure income is $9,999. Anything over that is considered 5 figures.
How Do You MAke MOney for 4 Figures?
To reach a 4-figure salary, you should consider part-time jobs, hourly positions, or side gigs. Focusing on your skillset and unique abilities for freelance work can also open opportunities for jobs that pay within the 4-figure range. Additionally, working only during specific seasons or timeframes, such as summer, might lead to a 4-figure income.
What is 5 Figure Salary?
A 5 figure income is a salary with 5 digits in it. So anything between $10,000 and $100,000. A five figure salary is easier to make it on. And of course, the more you make, the faster you can find financial freedom. Most full time careers pay 5 figures.
Now that you understand exactly what 4 figures means in money, you can adapt it to any situation. Make it your goal to make four figures a week!
Next related posts:
HERE ARE MY FAVORITE BUDGETING AND SAVING APPS:
Acorns which takes your spare change from purchases and invests it for you to help you make even more money.
Personal Capital for money management. Get a money dashboard, free analysis and personalized wealth advice.