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Austin is the best-paying city in Texas for software engineers

A new study put Austin out on top for software engineer pay given its variety of tech giants. (Pexels)

Silicon Valley’s reign as the top spot for tech workers is being threatened as high salaries lure them to Texas instead.

According to a new study from professional social network Blind, pay packages for tech workers in Texas are close behind traditional hubs. Austin is especially competitive, as it’s the best paying city for software engineers.

For those workers, the average salary is $128,524 while the average total compensation is $171,981.

The study mentioned Austin came out on top as it’s home to a variety of tech giants, including Tesla, Apple, Google, Meta and TikTok. The list doesn’t end there. Some of the other best-paying Austin tech employers are Amazon, Dell, PayPal, VMware and Wayfair.

The next highest-paying city is known for its jobs in aerospace, defense and energy industries. Although Houston has employers like Cisco, Intel and Microsoft, the average total compensation dips nearly $34,000 lower than that in Austin.

Dallas, Plano and San Antonio follow, with San Antonio falling below six figures in average salaries, at almost $95,000. Still, Texas stood out in Blind’s analysis. Of the 80 best-paying cities for software engineers in the U.S., these five are in Texas.

The ranking was carried out with the team at Blind analyzing base salaries and total compensation of software engineers on its platform. If applicable, they also considered stock-based compensation and cash bonuses.


A mortgage banker walks us through the math on purchasing a 'mid-price' Austin home

So you want to buy a house?

To anyone trying to get on the "housing ladder," it's been a discouraging couple of years as prices skyrocketed in a market crowded with buyers bidding against each other for just about any available home.

Things may be calming down, with the Austin Board of REALTORS reporting fewer sales and more available homes this summer.

Mortgage rates have more than doubled in the last year, from around 3% to well over 6% on a 30-year fixed rate loan, getting even more of a bump this week after the Federal Reserve raised bank rates on Wednesday.

So how affordable are homes right now? That, of course, depends on what you want and how much you're able or willing to pay, but here are some rough estimates of what a typical buyer would pay to buy a $650,000 home, which would be considered "mid-price" in today's market.

Mortgage banker Chris Holland (NMLS 211033) of Austin's Sente Mortgage ran some numbers for Austonia to illustrate a typical purchase.

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Camp Fimfo Waco, a brand new camping resort, is kicking off football and fall camping season in style! With top-notch amenities, premium accommodations, and 10 weekends of fall fun, there’s no better place to have a fall camping getaway, especially if you’re a Baylor football fan!

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