Lawyers Salary

Yes — at the median salary of $153K, rent takes 19.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,852/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new lawyers typically earn — is $84K/year. Take-home on that works out to about $5,039/month. At HUD’s $1,852/month FMR, rent would take 37% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Pay here is roughly in line with the national average — $153K locally vs. $160K nationally, a 4% difference.

Austin-Round Rock-San Marcos pays $153K median vs. the U.S. average of $160K — that’s -4%. After adjusting for local cost of living (RPP 98.07), the purchasing-power equivalent is $156K — below the national median.

The median is $153,330 a year, that works out to about $74 an hour. But the range is wide: entry-level workers start around $83,990, and experienced lawyers can clear $361,090. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $9,630/month after taxes. A 2-bedroom here rents for about $1,852/month, which eats 19.2% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Austin-Round Rock-San Marcos has a Regional Price Parity of 98.07 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median lawyers salary is worth about $156,348 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.