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What’s considered a “good” salary in Texas depends on your household size and lifestyle, but most Texans make between $45,000 and $100,000 annually.
El Paso. Median income: $55,710 Annual cost of living for homeowner: $38,645 Surplus of income for median middle-class homeowner: $36,504 Annual cost of living for renter: $41,924 Surplus of ...
Even more extreme — the average income of top 5% of households is approximately 5.5 times that of the average household in the city. Austin Population: 958,202
U.S. states and territories by mean annual wage 2022 (in current dollars) National rank State or territory Mean wage in US$ [6] 1 District of Columbia: $87,920 2 Massachusetts: $63,910 3 New York: $61,870 4 Connecticut: $60,780 5 Washington: $59,410 6 California: $59,150 7 Maryland: $58,770 8 Alaska: $58,710 9 New Jersey: $58,210 10 Colorado ...
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
With the current average salary in the U.S. as of 2024 data from the Social Security Administration being $63,795, if you're around... 15 Best Places To Live on an Average Salary Skip to main content
The least expensive state for an adult to live comfortably is West Virginia: $78,790. West Virginia is least expensive for a single adult, who only needs to make an estimated $37.88 per hour pre-tax.