Comprehensive salary data, cost of living, and employment information for Dallas, Texas. Population: 1,343,573.
Reviewed by Alexander O.M., MBA, BSc Engineering•Updated
Dallas-Fort Worth is one of the fastest-growing major metros in the US by both population and corporate relocation activity, and the city's $61,080 median household income reflects a fast-rising base as employers and workers have relocated from higher-cost metros. Texas has no state income tax, a factor that has driven meaningful corporate-relocation volume into Dallas specifically: Charles Schwab, McKesson, Tenet Healthcare, Toyota Motor North America (Plano), CBRE, AT&T, and hundreds of smaller firms have relocated or significantly expanded their DFW footprint since 2016. The DFW economy is genuinely diverse — finance and insurance, healthcare (Baylor Scott & White, UT Southwestern), technology (Texas Instruments, Raytheon's North Texas operations), telecommunications (AT&T), and logistics (DFW International Airport is one of the busiest cargo airports in the world) all operate at substantial scale. The cost-of-living index of 102 in Dallas proper runs just above the national average, with housing costs having risen meaningfully since 2019 (though still well below coastal California or NYC). Collin County suburbs (Plano, Frisco, McKinney) have been the most active destination for relocating corporate employees. Full data follows.
Median Individual
$35,939
per year
Median Household
$61,080
per year
Cost of Living
102
Average (US avg = 100)
Population
1.3M
Salary Breakdown for Dallas
The median individual income in Dallas is $35,939 per year, which works out to approximately $2,995/month or $17.28/hour for full-time workers. The median household income is $61,080.
Cost of Living Adjusted Salary
Dallas's cost of living index is 102 (national average = 100). The median salary of $35,939 in Dallas has the purchasing power of approximately $35,234 at the national average cost of living. Dallas is roughly in line with the national average, making it a balanced option for salary vs expenses.