Salary & Cost of Living in Abilene, TX
Abilene, TX: $48,000 median salary, cost of living index 83, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$48,000
$23/hr
Cost of Living
83
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
3.5%
rate
Abilene, TX Overview
Population
125,182
Median Salary
$48,000
Average Salary
$53,000
Avg Commute
18 min
Median Home Price
$175,000
Median Rent
$900/mo
Job Growth
+1.2%
Sales Tax
8.25%
Abilene is located in Texas with a population of 125,182. The median household salary is $48,000 per year ($23/hour), which is $11,384 below the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +1.2%.
Abilene Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Abilene, TX, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$40,607
$3,383.88/month · $1,561.79/biweekly · Effective Rate: 15.4%
Gross Pay
$48,000
Federal Tax
-$3,722
State Tax
$0
Local Tax
$0
FICA
-$3,672
Net Pay
$40,607
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,000.00 | $48,000.00 |
| Federal Income Tax | -$310.13 | -$3,721.50 |
| Texas State Tax (0%) | $0.00 | $0.00 |
| Social Security (6.2%) | -$248.00 | -$2,976.00 |
| Medicare (1.45%) | -$58.00 | -$696.00 |
| Net Take-Home Pay | $3,383.88 | $40,606.50 |
Salary Comparison: Abilene vs Other Cities
See how Abilene's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Abilene, TX | $48,000 | 83 | $57,831 |
| National Average | $59,384 | 100 | $59,384 |
| Decatur, AL | $48,000 | 84 | $57,143 |
| Springdale, AR | $48,000 | 86 | $55,814 |
| Pomona, CA | $48,000 | 115 | $41,739 |
| Pueblo, CO | $48,000 | 88 | $54,545 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Abilene
Abilene's cost of living index is 83 (national average = 100). Living in Abilene is 17% less expensive than the national average.
Median Home Price
$175,000
Median Monthly Rent
$900
Annual Rent Cost
$10,800
Your Salary's Purchasing Power
Your $40,607 annual take-home pay in Abilene has the purchasing power of approximately $48,923 in an average-cost US area. Your $48,000 salary stretches further here than in most US cities.
Top Industries in Abilene
Abilene's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $48,000.
Salary Tips for Abilene Workers
- Your salary goes further here. Abilene has a cost of living 17% below the national average. A salary of $48,000 here has the purchasing power of about $57,831 in an average-cost area.
- No state income tax advantage. Texas has no state income tax, which means more of your paycheck stays in your pocket. Invest the savings in a Roth IRA or 401(k) for long-term growth.
- Research top industries. Abilene's top industries include Military, Healthcare, Education. Targeting roles in these sectors can help you earn above the $48,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Abilene, TX?
The median salary in Abilene, TX is $48,000 per year, or $23 per hour. The average salary is $53,000. This is $11,384 below the national median of $59,384.
What is the cost of living in Abilene, TX?
Abilene's cost of living index is 83 (national average = 100), meaning it is 17% less expensive compared to the national average. The median home price is $175,000 and the median monthly rent is $900.
What are the best industries in Abilene?
The top industries in Abilene, TX include Military, Healthcare, Education. The city has a job growth rate of 1.2% and an unemployment rate of 3.5%. Workers in these industries often earn above the city's median salary of $48,000.
How does Abilene's salary compare to other cities?
Abilene's median salary of $48,000 is 19.2% below the national median of $59,384. However, when adjusted for cost of living (index: 83), the real purchasing power is approximately $57,831.
What is the minimum wage in Abilene, TX?
The minimum wage in Abilene, TX is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.