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salary information

Salary Information for a Compensation Analyst in Dallas, TX

Median salary:

This data reflects Total Cash for a Level 5 Compensation Analyst at a mid-size company. To get more detailed information on total compensation for the role of Compensation Analyst in Dallas, TX, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
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Behind the numbers

What is the adjusted total comp for a Compensation Analyst in Dallas, TX?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

66.3

Total Comp (TC)

Cost of Living (COL) Index
66.3
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Compensation Analyst in Dallas, TX?

Designs, administers and oversees a company's compensation and rewards programs, including base salary, short- & long-term incentive programs, job analysis & evaluations, salary survey participation and procurement. Conducts market analysis of company jobs to determine competitive positioning of the organization's pay programs. Participates in annual salary administration programs including salary structure creation and maintenance and development of incentive or salary increase budgets. Ensures that all compensation-related activities are in compliance with applicable regulations and standards.

What are the characteristics of a level 5 Compensation Analyst?

A level 5 Compensation Analyst in Dallas, TX possesses a wide range of experience, and is looked to as a thought leader. Their work affects design, quality and timeline of entire product or service. Average experience 11 years.

Compensation Analyst

Benchmark Role

Individual Contributor

Job Type

Compensation

Job Family

Business

Job Area

Quality of Life in Dallas, TX for a Salary of $157,165

Living in Dallas, Texas on a $157,165 annual salary offers a comfortable lifestyle relative to the cost of living in the area compared to the broader United States. Below is a detailed assessment:

Cost of Living

  • Overall Cost: Dallas has a slightly higher cost of living compared to the national average, primarily driven by housing and healthcare.
  • Utilities and Groceries: Utilities and groceries align closely with the national averages, ensuring manageable daily expenses.
  • Transportation: Public transportation options are available, but many residents rely on personal vehicles, which can increase transportation costs slightly.

Housing Market

  • Home Prices: The median home price in Dallas typically hovers around $400,000, which is higher than the national median. However, the market offers various housing options ranging from urban condos to suburban houses.
  • Rental Market: For those not looking to buy, rental prices are also above the national average, with diverse options in different neighborhoods catering to varying budgets.

Quality of Life

  • Cultural and Recreational Opportunities: Dallas offers a vibrant cultural scene with museums, theaters, and sports venues. The city provides numerous recreational activities and parks, catering to diverse interests.
  • Job Market: Strong job market with opportunities in technology, finance, and healthcare industries, contributing to economic stability.

Access to Healthcare

  • Healthcare Facilities: Dallas is home to several top-tier hospitals and healthcare providers, offering excellent access to medical care.
  • Healthcare Costs: Healthcare expenses are slightly above average, but the quality and availability of services are generally high.

Quality of K-12 Schools

  • Public Schools: The quality of public schools varies, with some districts offering highly-rated schools; however, disparities exist in different parts of the city.
  • Private Education: Numerous private and charter schools provide alternative options, often at a premium.

Summary

Overall, a salary of $157,165 provides a quality lifestyle in Dallas, Texas. Despite slightly higher housing and healthcare costs, the city delivers a robust job market, high-quality healthcare, and diverse educational opportunities, translating into a high quality of life with reasonable financial planning.

See salary information for the Compensation Analyst role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Dallas, TX, specifically for a Level 5 Compensation Analyst. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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