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salary information

Salary Information for a Payroll Analyst in Dallas, TX

Median salary:

This data reflects Total Cash for a Level 5 Payroll Analyst at a mid-size company. To get more detailed information on total compensation for the role of Payroll 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
75th percentile

Behind the numbers

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

The Payroll Analyst is responsible for accurately processing payroll, ensuring compliance with applicable laws and regulations, maintaining employee records, analyzing payroll data, and providing support to management and employees regarding payroll-related inquiries. They must maintain confidentiality, attention to detail, manage multiple priorities, and collaborate with cross-functional teams to drive continuous improvement in payroll processes.

What are the characteristics of a level 5 Payroll Analyst?

A level 5 Payroll 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.

Payroll Analyst

Benchmark Role

Individual Contributor

Job Type

Payroll

Job Family

Business

Job Area

Quality of Life in Dallas, TX, on a $127,330 Salary

Living in Dallas, Texas, with an annual salary of $127,330 provides a comfortable lifestyle. This section will explore the cost of living, housing market, overall quality of life, access to healthcare, and the quality of K-12 schools in Dallas compared to the broader United States.

Cost of Living

  • Cost of Living Index: Dallas has a cost of living index slightly lower than the national average, meaning that everyday expenses like groceries, utilities, and transportation are generally reasonable.
  • Income Comparison: With a salary of $127,330, you are earning well above the median household income in Dallas, which offers flexibility and comfort in spending.
  • Tax Rates: Texas has no state income tax, which can increase take-home pay compared to other states with higher taxes.

Housing Market

  • Home Prices: The median home price in Dallas is competitive compared to the national average, allowing more purchasing power for housing.
  • Affordability: Your income comfortably supports purchasing a home in many desirable Dallas neighborhoods or renting in the city’s bustling areas.
  • Real Estate Trends: The Dallas housing market has shown consistent growth, making it a potentially good investment for homeowners.

Quality of Life

  • Cultural Opportunities: Dallas offers a vibrant arts scene, diverse dining options, and active nightlife.
  • Climate: The city experiences hot summers and mild winters, appealing to those who enjoy warmer weather.
  • Safety: Like many large cities, there are safer neighborhoods and those with higher crime rates; research is advised when choosing a location to live.

Access to Healthcare

  • Healthcare Facilities: Dallas is home to several top-ranked hospitals and healthcare facilities, providing access to quality medical care.
  • Health Insurance Costs: With a higher salary, quality health insurance is more affordable, which can lower personal healthcare expenses substantially.

Quality of K-12 Schools

  • Public Education: The quality of public schools varies by neighborhood, with many high-performing schools located in suburban districts.
  • Private School Options: Dallas offers numerous private and charter schools, providing alternatives to the public education system.
  • Educational Resources: The city has access to a wide range of extracurricular activities and educational resources, which can enhance learning opportunities for children.

Summary

Living in Dallas on a $127,330 salary offers a

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OpenComp aggregates multiple data sources to provide accurate salary data for Dallas, TX, specifically for a Level 5 Payroll 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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