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This question is about Cedar Park, TX.
What is a good salary in Cedar Park, TX?
A good salary in Cedar Park, TX is anything over $53,000. That's because the median income in Cedar Park is $53,000, which means if you earn more than that you're earning more than 50% of the people living in Cedar Park. The average salary in Cedar Park is $61,861.
A good hourly wage in Cedar Park is $25.48 per hour. That works out to a good weekly wage of $1,019 per week and a good monthly wage of $4,416 per month. However, using the median income is only one way to calculate a good salary in Cedar Park.
Another way to calculate a good salary in Cedar Park 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 $301,600, a good salary in Cedar Park would be $60,320.
Lastly, we can determine a good salary in Cedar Park by looking at the cost of living and comparing it to the US average salary. The cost of living in Cedar Park is 2% higher than than the national average. The national average salary is $56,310, so a good salary in Cedar Park is anything over $57,436 by this measure.
Average Annual Salary in Cedar Park, TX
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $27,000 | $2,250 | $519 | $12.98 |
| 25th | $37,000 | $3,083 | $711 | $17.79 |
| Median | $53,000 | $4,416 | $1,019 | $25.48 |
| 75th | $76,000 | $6,333 | $1,461 | $36.54 |
| 90th | $105,000 | $8,750 | $2,019 | $50.48 |
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