Average Salary in Dallas 2022 – The Complete Guide

Average Salary in Dallas 2022

How much money does a person working in Dallas make?

Average Yearly Salary

113,000

USD

( 9,410

USD

monthly)

LOW

28,600
USD

AVERAGE

113,000
USD

HIGH

504,000
USD

A person working in Dallas typically earns around 113,000 USD per year. Salaries range from 28,600 USD (lowest average) to 504,000 USD (highest average, actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Dallas

Median and salary distribution yearly Dallas

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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Dallas range from 28,600 USD per year (minimum salary) to 504,000 USD per year (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 108,000 USD per year, which means that half (50%) of the population are earning less than 108,000 USD while the other half are earning more than 108,000 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 61,600 USD while 75% of them are earning more than 61,600 USD. Also from the diagram, 75% of the population are earning less than 294,000 USD while 25% are earning more than 294,000 USD.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person’s salary progress over time?

Salary Comparison By Experience Level

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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person’s salary doubles their starting salary by the time they cross the 10 years* experience mark.

* Based on the average change in salary over time. Salary variations differ from person to person.

On average, a person’s salary doubles their starting salary by the time they cross the 10 years* experience mark.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education

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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.

Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor’s Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master’s Degree are awarded salaries that are 29% more than those with a Bachelor’s Degree.

Finally, PhD holders earn 23% more than Master’s Degree holders on average while doing the same job.

Is a Master’s degree or an MBA worth it? Should you pursue higher education?

A Master’s degree program or any post-graduate program in United States costs anywhere from 39,500 US Dollar(s) to 118,000 US Dollar(s) and lasts approximately two years. That is quite an investment.

You can’t really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Salary Comparison By Gender

Salary comparison by gender yearly United States

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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in United States earn 6% more than their female counterparts on avergae across all sectors.

Male

97,500 USD

Female-6%

92,100 USD

Percentage increase and decrease are relative to the previous value

43 Careers That Pay Women More Than Men!

Check The List

Average Annual Salary Increment Percentage in United States

How much are annual salary increments in United States? How often do employees get salary raises?

United States

Employees in United States are likely to observe a salary increase of approximately 8% every 16 months.

Annual Salary Increment Rate United States

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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term ‘Annual Salary Increase’ usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Annual Increment Rate By Industry 2021

Banking

4%

Energy

8%

Information Technology

3%

Healthcare

7%

Travel

2%

Construction

6%

Education

1%

Listed above are the average annual increase rates for each industry in United States for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Average Salary Increase Rate by Experience Level

Junoir Level

3% – 5%

Mid-Career

6% – 9%

Senior Level

10% – 15%

Top Management

15% – 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States

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47% of surveyed staff in United States reported that they haven’t received any bonuses or incentives in the previous year while 53% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus

53%

No Bonus

47%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

Bonus Rates Comparison by Career Field

Finance

High

Architecture

High

Sales

High

Business Development

High

Marketing / Advertising

High

Information Technology

Moderate

Healthcare

Moderate

Insurance

Moderate

Customer Service

Moderate

Human Resources

Moderate

Construction

Low

Transport

Low

Hospitality

Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can’t all generate revenue and that’s perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Salaries for popular jobs

Job TitleAverage SalaryAccounting and FinanceAccountant71,700 USDAccounting Assistant55,600 USDAccounting Manager168,000 USDBookkeeper50,300 USDChartered Accountant92,700 USDCorporate Treasurer148,000 USDFinancial Analyst143,000 USDFinancial Manager212,000 USDInternal Auditor104,000 USD
Administration / Reception / SecretarialAdministrative Assistant59,000 USDOffice Manager97,500 USDReceptionist38,900 USDSecretary48,900 USD
Advertising / Grapic Design / EventsArt Director108,000 USDCreative Director102,000 USDGraphic Designer69,000 USDPhotographer59,800 USD
Airlines / Aviation / Aerospace / DefenseAerospace Engineer131,000 USDAir Traffic Controller123,000 USDFlight Attendant70,500 USDPilot187,000 USD
ArchitectureArchitect124,000 USDCAD Drafter56,500 USD
AutomotiveMechanic39,400 USDService Advisor71,400 USD
BankingBank Branch Manager189,000 USDTeller42,000 USD
BilingualTeacher79,200 USDTranslator92,700 USD
Business PlanningBusiness Analyst134,000 USDBusiness Development Manager162,000 USDProject Manager126,000 USD
Care Giving and Child CareNanny42,900 USDNursery Teacher41,700 USD
Construction / Building / InstallationCivil Engineer98,600 USDConstruction Project Manager184,000 USDHealth and Safety Officer49,800 USD
Customer Service and Call CenterCall Center Representative38,500 USDCustomer Service Manager143,000 USDCustomer Service Representative39,300 USD
EngineeringElectrical Engineer103,000 USDEngineer97,000 USDMechanical Engineer106,000 USD
Executive and ManagementChief Executive Officer237,000 USDChief Financial Officer223,000 USDGeneral Manager185,000 USD
Food / Hospitality / Tourism / CateringChef68,900 USDExecutive Chef78,500 USDHotel Manager195,000 USDTravel Agent69,200 USDWaiter / Waitress34,300 USD
Health and MedicalDentist245,000 USDDietitian211,000 USDLaboratory Technician84,000 USDNurse86,400 USD
Human ResourcesHuman Resources Manager168,000 USDHuman Resources Officer65,200 USD
Information TechnologyComputer Technician78,500 USDDatabase Administrator111,000 USDDeveloper / Programmer103,000 USDInformation Technology Manager175,000 USDNetwork Engineer91,800 USD
Law Enforcement / Security / FirePolice Officer65,700 USD
LegalAttorney219,000 USDLegal Assistant58,600 USD
Media / Broadcasting / Arts / EntertainmentJournalist116,000 USD
Pharmaceutical and BiotechnologyBiomedical Engineer90,800 USDPharmacist138,000 USD
Sales Retail and WholesaleCashier40,200 USDSales Manager178,000 USDSales Representative66,400 USD
Teaching / EducationElementary School Teacher70,500 USDSecondary School Teacher87,900 USD

Average Hourly Wage in Dallas

54 USD

per hour

USD

The average hourly wage (pay per hour) in Dallas is 54 USD. This means that the average person in Dallas earns approximately 54 USD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Dallas VS United States

Salary Comparison Between Dallas and United States yearly

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We compared salaries in Dallas, Texas, and United States and we found that Dallas salaries are 8% more than those of Texas. We also found out that Texas salaries are 11% more than those of United States.

Salary Comparison By City

CityAverage SalaryAustin111,000 USDDallas113,000 USDHouston118,000 USDSan Antonio115,000 USD

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in United States earn 5% more than their private sector counterparts on average across all sectors.

Private Sector

92,400 USD

Public Sector+5%

97,100 USD

Percentage increase and decrease are relative to the previous value

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