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This question is about Rockwall, TX.
What is a good salary in Rockwall, TX?
A good salary in Rockwall, TX is anything over $48,000. That's because the median income in Rockwall is $48,000, which means if you earn more than that you're earning more than 50% of the people living in Rockwall. The average salary in Rockwall is $55,437.
A good hourly wage in Rockwall is $23.08 per hour. That works out to a good weekly wage of $923 per week and a good monthly wage of $4,000 per month. However, using the median income is only one way to calculate a good salary in Rockwall.
Another way to calculate a good salary in Rockwall 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 $261,400, a good salary in Rockwall would be $52,280.
Lastly, we can determine a good salary in Rockwall by looking at the cost of living and comparing it to the US average salary. The cost of living in Rockwall is 9% higher than than the national average. The national average salary is $56,310, so a good salary in Rockwall is anything over $61,377 by this measure.
Average Annual Salary in Rockwall, TX
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $24,000 | $2,000 | $461 | $11.54 |
| 25th | $33,000 | $2,750 | $634 | $15.87 |
| Median | $48,000 | $4,000 | $923 | $23.08 |
| 75th | $68,000 | $5,666 | $1,307 | $32.69 |
| 90th | $95,000 | $7,916 | $1,826 | $45.67 |
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