jbayabas - 1:31 am on Oct 10, 2012 (gmt 0)

I have a few sites doing about that income for that traffic and some make even more for even less traffic.

If your site is authoritative and has been around for many years, then yes, you are correct.

If the OP is a newbie, which I assume he is (he just joined 10 days ago), then my rough estimate is correct.