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How Far Does a Middle-Class Salary Go in Texas? Check Out Austin and 6 Other Big Cities. T. Woods. December 14, 2024 at 11:02 AM. ... as well as the national average expenditure costs, as sourced ...
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
The median annual salary in 2023 for Texas was $68,744, nearly $10,000 more than the national average salary. Texas ranked 12th among the states. Salary by occupation.
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 .
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.
Texas is ranked twenty-fifth among US states by median household income, with a per capita income of $19,617 (2000). Texas counties ranked by per capita income
Average household income: $102,023 To become part of the top 5% in Dallas, your household income would need to be around 2.5 times the city’s average household income.
This is a list of U.S. states, territories, and Washington, D.C. by income.Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas.