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This question is about Grapevine, TX.
What is a good salary in Grapevine, TX?
A good salary in Grapevine, TX is anything over $82,000. That's because the median income in Grapevine is $82,000, which means if you earn more than that you're earning more than 50% of the people living in Grapevine. The average salary in Grapevine is $101,001.
A good hourly wage in Grapevine is $39.42 per hour. That works out to a good weekly wage of $1,576 per week and a good monthly wage of $6,833 per month. However, using the median income is only one way to calculate a good salary in Grapevine.
Another way to calculate a good salary in Grapevine 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 $320,400, a good salary in Grapevine would be $64,080.
Lastly, we can determine a good salary in Grapevine by looking at the cost of living and comparing it to the US average salary. The cost of living in Grapevine is 9% higher than than the national average. The national average salary is $56,310, so a good salary in Grapevine is anything over $61,377 by this measure.
Average Annual Salary in Grapevine, TX
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $36,000 | $3,000 | $692 | $17.31 |
| 25th | $53,000 | $4,416 | $1,019 | $25.48 |
| Median | $82,000 | $6,833 | $1,576 | $39.42 |
| 75th | $126,000 | $10,500 | $2,423 | $60.58 |
| 90th | $187,000 | $15,583 | $3,596 | $89.9 |
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