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This question is about Austin, TX.
What is a good salary in Austin, TX?
A good salary in Austin, TX is anything over $52,000. That's because the median income in Austin is $52,000, which means if you earn more than that you're earning more than 50% of the people living in Austin. The average salary in Austin is $63,572.
A good hourly wage in Austin is $25.0 per hour. That works out to a good weekly wage of $1,000 per week and a good monthly wage of $4,333 per month. However, using the median income is only one way to calculate a good salary in Austin.
Another way to calculate a good salary in Austin 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 $337,400, a good salary in Austin would be $67,480.
Lastly, we can determine a good salary in Austin by looking at the cost of living and comparing it to the US average salary. The cost of living in Austin is 9% higher than than the national average. The national average salary is $56,310, so a good salary in Austin is anything over $61,377 by this measure.
Average Annual Salary in Austin, TX
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $23,000 | $1,916 | $442 | $11.06 |
| 25th | $33,000 | $2,750 | $634 | $15.87 |
| Median | $52,000 | $4,333 | $1,000 | $25.0 |
| 75th | $79,000 | $6,583 | $1,519 | $37.98 |
| 90th | $117,000 | $9,750 | $2,250 | $56.25 |
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