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Old 12-04-2012, 09:49 AM
 
Location: The Lone Star State
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One Texas city (Houston) made the list for one of the top 5 cities in the country for large paychecks.
Two Texas cities (McAllen and El Paso) made the list for the top 5 worst/ lowest paychecks.

The Cities Where People Earn the Biggest and Smallest Paychecks - Yahoo! Finance
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Old 12-04-2012, 01:42 PM
 
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Quote:
Originally Posted by sxrckr View Post
One Texas city (Houston) made the list for one of the top 5 cities in the country for large paychecks.
Two Texas cities (McAllen and El Paso) made the list for the top 5 worst/ lowest paychecks.

The Cities Where People Earn the Biggest and Smallest Paychecks - Yahoo! Finance
But the Cost of living in the Valley or in El Paso is also very low. 60K there is like 100K in Houston or DFW.

Houston is higher due to the oil industry.
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Old 12-04-2012, 09:39 PM
 
Location: The Lone Star State
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Originally Posted by TX75007 View Post
But the Cost of living in the Valley or in El Paso is also very low. 60K there is like 100K in Houston or DFW.

Houston is higher due to the oil industry.
May have something to do with it.
But for reference, the other top 4 highest paying in the country were the D.C. metro, Bridgeport/Stamford CT, San Francisco, and San Jose metro CA.
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Old 12-04-2012, 10:56 PM
 
Location: San Antonio
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Houston is higher than NYC, LA, Boston and Chicago? Damn......good job Houston.
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Old 12-05-2012, 09:29 AM
 
Location: #
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Originally Posted by thenewtexan View Post
Houston is higher than NYC, LA, Boston and Chicago? Damn......good job Houston.
That whole column is pretty silly. Obviously the abundance of high tech (CA) and oil (TX) skew the medians.
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Old 12-05-2012, 12:25 PM
 
Location: Austin, Texas
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Quote:
Originally Posted by crbcrbrgv View Post
That whole column is pretty silly. Obviously the abundance of high tech (CA) and oil (TX) skew the medians.
You mean the averages. We have medians to look at when there are factors that skew the average.
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Old 12-05-2012, 12:43 PM
 
Location: The Lone Star State
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McAllen isn't surprising, but El Paso was a little.

And more evidence that Houston is far from the poor blue-collar industrial town some people (mostly those from Dallas and similar metros) try to characterize it as.
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Old 12-05-2012, 01:59 PM
 
Location: San Antonio
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Originally Posted by Austinite101 View Post
You mean the averages. We have medians to look at when there are factors that skew the average.
Exactly. The mean is the average. The median is whatever is sitting exactly in the middle.
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Old 12-05-2012, 02:06 PM
 
Location: Austin, Texas
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Originally Posted by thenewtexan View Post
Exactly. The mean is the average. The median is whatever is sitting exactly in the middle.
That's why using the mean in cases such as housing prices is meaningless. If we took the mean at face value, Austin's home prices are approaching 400K.
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