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This question is about Amarillo, TX.
What is a good salary in Amarillo, TX?
A good salary in Amarillo, TX is anything over $36,000. That's because the median income in Amarillo is $36,000, which means if you earn more than that you're earning more than 50% of the people living in Amarillo. The average salary in Amarillo is $42,388.
A good hourly wage in Amarillo is $17.31 per hour. That works out to a good weekly wage of $692 per week and a good monthly wage of $3,000 per month. However, using the median income is only one way to calculate a good salary in Amarillo.
Another way to calculate a good salary in Amarillo is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $132,500, a good salary in Amarillo would be $26,500.
Lastly, we can determine a good salary in Amarillo by looking at the cost of living and comparing it to the US average salary. The cost of living in Amarillo is 17% lower than than the national average. The national average salary is $56,310, so a good salary in Amarillo is anything over $46,737 by this measure.
Average Annual Salary in Amarillo, TX
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $17,000 | $1,416 | $326 | $8.17 |
| 25th | $24,000 | $2,000 | $461 | $11.54 |
| Median | $36,000 | $3,000 | $692 | $17.31 |
| 75th | $52,000 | $4,333 | $1,000 | $25.0 |
| 90th | $74,000 | $6,166 | $1,423 | $35.58 |
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