Average Salary in Dallas | Unbiased (2024)

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Average Salary in Dallas | Unbiased? ›

As of Sep 24 the average annual salary in Dallas is $66,419. Just in case you need a simple salary calculator, that works out to be approximately $31.93 an hour. This is equivalent of $1,277 a week or $5,534 a month. Most salaries in Dallas range between $48,000 (25th percentile) to $83,293 (75th percentile) annually.

Summary. The average salary in Dallas is impacted by neighborhood, age, education, and expertise. Dallas citizens earn an average of $66,250 a year, but a good salary in Dallas is around $80,000 annually. The minimum wage in Dallas, Texas, will more than double from $7.25 to $15 by 2025.

You'll need an income on the higher end of that range if you're living in Austin, with its high cost of living. In Harlingen, on the other hand, where the cost of living is 20.4% lower than the national average, you can get by on much less. With that in mind, a good salary in Texas is between $55K and $73K.

$80,422 is the 75th percentile. Salaries above this are outliers. $92,264 is the 90th percentile.

The living wage in Dallas, Texas is the hourly wage that a worker needs to earn to afford a modest but adequate standard of living. This includes housing, food, transportation, healthcare, child care, and other necessities. The living wage in Dallas for a single adult with no children is $17.82 per hour.

We've identified 10 cities where the typical salary for a 200K job is above the average in Texas. Topping the list is Fort Worth, with Arlington and Dallas close behind in second and third. Dallas beats the Texas average by 21.2%, and Fort Worth furthers that trend with another $34,048 (23.0%) above the $147,915.

The annual net pay after taxes for a Dallas-based six-figure earner comes out to $78,089, according to the study. But major expenses like rent, groceries, healthcare, utilities, transportation costs, and miscellaneous expenses add up to $45,196 per year, which leaves just under $33,000 left over.

You're going to need a higher salary to live comfortably here. In fact, an individual is going to need about $100,000 to live comfortably on their own, while families of four need about $224,000. Unfortunately, Texans' median annual salary doesn't quite reach the $75,000 needed for the single person.

Live frugally and you have more left over; have expensive hobbies and tastes, and $100k won't stretch as far. Family size: Expenses and required income increase significantly with the number of children. A family of four requires about $100,000 to comfortably live in Dallas.

What is Dallas upper class salary? ›

How much does an Upper Class make in Dallas, Texas? As of Sep 2, 2024, the average annual pay for the Upper Class jobs category in Dallas is $53,717 a year. Just in case you need a simple salary calculator, that works out to be approximately $25.83 an hour. This is the equivalent of $1,033/week or $4,476/month.

Texans need to earn more than $631,850 to be considered part of the state's 1%, per SmartAsset.

A single person needs upwards of $80,000 a year to live comfortably in California, survey data shows.

The median salary in Dallas, TX is $60,900, with 80% of salaries falling between $26,100 and $139,200.

A single person can usually live well on a $60,000 annual salary. However, if you have expensive tastes, are carrying a lot of debt, live in an area with a high cost of living, or are supporting multiple people, you may find it more challenging to get by on $60,000 a year.

How much does an Upper Class make in Dallas, Texas? As of Sep 2, 2024, the average annual pay for the Upper Class jobs category in Dallas is $53,717 a year. Just in case you need a simple salary calculator, that works out to be approximately $25.83 an hour. This is the equivalent of $1,033/week or $4,476/month.

In Texas, the median household income is $67,321 a year, according to 2021 Census data. To qualify as the top 1% of earners in the state, one would have to earn over $631,849 a year. Texas has the 14th highest 1% threshold in the country, per the SmartAsset study.

If you make $100,000 a year living in the region of Texas, USA, you will be taxed $22,418. That means that your net pay will be $77,582 per year, or $6,465 per month.

For families in Texas, being part of the middle class means earning between $44,975 and $170,782 annually, depending on family size. This article provides a detailed picture of these income ranges for different family sizes, from two-person households to families of four.