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Richard Rider

Based on 2015 figures and COL, the median TX household income is 29.3% higher than CA

I’ve just updated (December 2016) my salient household income comparison of California vs. hated Texas.  My original figures were from 2009.  Since then it’s gotten even better — for Texas.

According to recent U.S. census figures I can find, the 2015 median household income in California is significantly higher than Texas.

CA — $64,500

TX —  $55,653 — 13.5% less than CA (vs. 18.1% less in 2009). TX is only $122 below the national average of $55,775.

https://www.census.gov/content/dam/Census/library/publications/2016/demo/acsbr15-02.pdf

But compared to the national average cost of living figure, the California cost of living (3rd quarter 2016) is 35.9% higher than the national average, while the Texas COL is 9.3% LOWER than the national average.

https://www.missourieconomy.org/indicators/cost_of_living/index.stm

 

Thus, ADJUSTED FOR THE COST OF LIVING, the Texas median household income is significantly higher than California.

TX —  $61,360

CA —  $47,461


BOTTOM LINE:  Texas COL-adjusted median household income is 29.3% higher than California.