Median Salary
$86,932
Above National Avg
Hourly Wage
$41.79
Dollars / Hr
Workforce
2.6k
Total Jobs
Growth
+4%
10-Year Outlook
As a career analyst whoâs spent years dissecting job markets across Texas, I can tell you that Dallas doesnât play by the same rules as other Sun Belt boomtowns. Itâs a corporate fortress, a logistical hub, and a place where the accounting profession is deeply embedded in the cityâs economic engine. If youâre an accountant eyeing a move here, youâre likely looking at a market thatâs robust, competitive, and heavily tilted toward corporate and consulting work. Forget the small-town CPA firm; Dallas is about scale.
This isnât a promotional brochure. Itâs a data-driven breakdown of what your life as an accountant looks like in Dallas, from the paycheck to the commute to the long-term career trajectory. Weâre using hard numbers from the Bureau of Labor Statistics (BLS), the Texas State Board of Public Accountancy, and local market data to give you the unvarnished truth.
The Salary Picture: Where Dallas Stands
First, letâs talk numbers. The Dallas-Fort Worth-Arlington metro area, with a population of 1,302,859, is a massive job market for accountants. The median salary for an accountant here is $86,932/year, or $41.79/hour. This is slightly above the national average of $86,080/year, but that small margin doesnât tell the whole story. The DFW metro is home to 2,605 accountant jobs, and the 10-year job growth is projected at 4%. That growth is steady, not explosive, indicating a mature market where demand is consistent but competition is high.
Where you fall in the salary spectrum depends heavily on your experience, industry, and whether youâre in a public accounting firm or a corporate role.
| Experience Level | Typical Title | Dallas Salary Range (Est.) | Key Local Industries |
|---|---|---|---|
| Entry-Level (0-2 yrs) | Staff Accountant, Junior Auditor | $60,000 - $72,000 | Startups, non-profits, local firms |
| Mid-Career (3-7 yrs) | Senior Accountant, Tax Associate | $75,000 - $95,000 | Corporate (Energy, Tech, Healthcare) |
| Senior (8-15 yrs) | Accounting Manager, Controller | $100,000 - $130,000 | Public Accounting (Big 4, National Firms) |
| Expert (15+ yrs) | Director of Finance, Partner, CFO | $140,000 - $200,000+ | Specialized Consulting, Financial Services |
Insider Tip: The premium is in specialization and the CPA license. A non-CPA senior accountant might cap at $95,000, while a CPA with audit experience at a Big 4 firm can easily clear $115,000 by the 7-year mark. The 4% job growth is heavily skewed toward roles requiring tech skills (data analytics, ERP systems) and regulatory knowledge (SOX compliance, international tax).
How Dallas Stacks Up Against Other Texas Cities:
- Houston: Slightly higher median salary (often $88,000+) due to the energy sector, but more volatile. Cost of living is comparable.
- Austin: Lower starting salaries for accountants ($65,000-$75,000 for entry-level), but with a fast-growing tech startup scene that can offer equity. Rent is significantly higher.
- San Antonio: Salaries are generally 5-10% lower than Dallas. The market is smaller, dominated by government, healthcare, and military contractors.
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Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Letâs get practical. The median salary of $86,932 is a gross figure. To understand your purchasing power, we need to account for taxes and Dallasâs housing costs.
Assumptions for a Single Filer (2024):
- Gross Annual Salary: $86,932
- Federal Tax: ~$12,000 (approx.)
- FICA & State Tax (TX has no state income tax): ~$6,650
- Net Annual Take-Home: ~$68,282
- Net Monthly Take-Home: ~$5,690
Monthly Budget Breakdown (Net $5,690):
- Rent (1BR Average): $1,500
- Utilities (Electric, Internet, Water): $200
- Groceries: $400
- Car Payment/Insurance/Gas: $550 (Dallas is a car-dependent city)
- Health Insurance (if not fully covered by employer): $300
- Retirement Savings (10% of gross): $725
- Discretionary Spending: $2,015
This budget is manageable but tight if you have significant debt or family expenses. The $1,500 average rent for a 1BR apartment is accurate, but it varies wildly by neighborhood (see below).
Can You Afford to Buy a Home?
The median home price in the DFW metro is around $425,000. With a 20% down payment ($85,000), a mortgage, taxes, and insurance would cost roughly $2,800/month. On a $86,932 salary, thatâs ~48% of your net incomeâfar above the recommended 28-30%. Itâs a stretch for a single income earner at the median level. Homeownership becomes more realistic at the senior level ($100,000+) or with a dual-income household.
Cost of Living Context: The Dallas cost of living index is 103.3 (US average = 100). Youâre paying a 3.3% premium over the national average, driven largely by housing. Itâs not San Francisco, but itâs not cheap either.
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Where the Jobs Are: Dallas's Major Employers
Dallasâs accounting job market is dominated by a few key sectors: energy, professional services, healthcare, and logistics. Hereâs where the 2,605 jobs are concentrated:
Energy & Infrastructure: Companies like ExxonMobil (headquartered in Irving), Energy Transfer Partners, and Baker Hughes have massive finance departments. They need accountants for complex project accounting and international tax. Hiring is steady but cyclical based on oil prices.
Professional Services (The Big 4): Deloitte, PwC, EY, and KPMG all have major offices in Dallas, primarily in the Arts District or Legacy West (Plano). They are the largest single employers of new CPAs. The culture is demanding, but the training and exit opportunities are unparalleled. Hiring is consistent, with a major push in fall for new graduates.
Healthcare & Insurance: Texas Health Resources, AmerisourceBergen, and Blue Cross Blue Shield of Texas have large accounting teams. This sector is recession-proof and growing. They need accountants for revenue cycle management and compliance.
Logistics & Transportation: With DFW Airport and Amazonâs massive presence, companies like American Airlines (corporate HQ in Fort Worth) and Penske Logistics require accountants for asset management and cost accounting.
Real Estate & Development: Dallas is in a constant building boom. Firms like Hillwood (the Perot familyâs development company) and Lincoln Property Company need accountants for development accounting, a niche but lucrative specialty.
Hiring Trends: Thereâs a strong pivot toward accountants who are not just number-crunchers but data storytellers. Familiarity with ERP systems (Oracle, SAP, NetSuite) and data visualization tools (Tableau, Power BI) is often a prerequisite, not a bonus.
Getting Licensed in TX
If youâre moving from another state, your CPA license doesnât automatically transfer. Texas has its own requirements, managed by the Texas State Board of Public Accountancy (TSBPA).
Key Requirements:
- Education: 150 semester hours, including 30 hours of upper-level accounting and 24 hours of general business.
- Exam (CPA): Pass all four sections of the Uniform CPA Exam (AUD, BEC, FAR, REG).
- Experience: One year (2,000 hours) of qualifying experience under a licensed CPA in public accounting, industry, government, or academia. The work must be verified and signed off by the supervising CPA.
- Ethics Exam: Pass the Texas-specific ethics exam.
Costs & Timeline:
- CPA Exam Fees: ~$1,500 (varies by state, but standard).
- TSBPA Application & Licensing Fees: ~$300.
- Ethics Exam: ~$200.
- Review Course (e.g., Becker, Roger): $2,000 - $3,500 (the biggest variable).
- Total Estimated Cost: $4,000 - $5,500.
Timeline: If you start the process upon moving, expect 12-18 months to get licensed. You can work as an âaccountantâ without a CPA, but your ceiling is much lower. The Big 4 and most corporations require the CPA for senior roles.
Insider Tip: If youâre transferring an existing CPA license from another state, Texas has a reciprocity agreement (if your original state is also part of the Uniform Accountancy Act). The process is smoother but still requires application and a background check. Start the paperwork with the TSBPA before you move.
Best Neighborhoods for Accountants
Your commute and lifestyle will define your experience in Dallas. The city is a sprawl, and where you live matters. Here are four neighborhoods that offer a good balance for professionals.
| Neighborhood | Vibe & Commute | Rent Estimate (1BR) | Best For |
|---|---|---|---|
| Uptown | Urban, walkable, social. 10-15 mins to downtown offices. | $2,000 - $2,500 | Young professionals who want nightlife and a short commute. |
| North Dallas / Preston Hollow | Quiet, affluent, family-oriented. 20-25 mins to downtown. | $1,700 - $2,200 | Established professionals seeking space and good schools. |
| The Design District | Trendy, industrial-chic, near the Dallas Arts District. | $1,800 - $2,300 | Creative accountants in consulting or design-adjacent firms. |
| Lake Highlands | Suburban, affordable, good community feel. 25-35 mins to downtown. | $1,400 - $1,700 | Budget-conscious professionals, especially if working in Irving or Plano. |
| Oak Lawn | Historic, central, diverse. 10-20 mins to most offices. | $1,600 - $2,000 | Those who want central location without Uptown prices. |
Note: If you work in Plano for a tech or energy company, your best commute is to live in the Plano/Frisco corridor. Rent is comparable to North Dallas, but youâll be closer to the office.
The Long Game: Career Growth
The 4% job growth is deceptive. Within that, there are high-growth niches. In Dallas, the path from Staff Accountant to Controller or Partner is well-trodden but competitive.
Specialty Premiums (Estimated Salary Boosts):
- CPA License: +15-25% over non-CPA equivalents.
- Forensic Accounting/CFF: +20-30%. Dallas has a strong demand for fraud investigation due to its corporate headquarters density.
- International Tax (especially for energy firms): +25-35%. This is a high-demand, low-supply field.
- IT Audit/SOX Compliance: +15-20%. As public companies grow, so does regulatory burden.
Advancement Paths:
- Public Accounting Track: Staff â Senior â Manager â Senior Manager â Partner/Director. The âup or outâ pressure is real, but itâs the fastest route to a six-figure salary.
- Corporate Track: Staff Accountant â Senior â Accounting Manager â Controller â CFO. This path is more stable but can be slower. The jump from Manager to Controller is the biggest hurdle.
- Consulting/Advisory: This is where the growth is. Accountants with tech skills can move into ERP implementation or forensic consulting, often at firms like FTI Consulting or AlixPartners, which have large Dallas offices.
10-Year Outlook: The outlook is solid. Dallasâs economy is diversified and continues to attract corporate relocations (Toyota, JPMorgan Chase, McKesson). The risk is automation of basic bookkeeping tasks. Accountants who focus on analysis, strategy, and advisory services will thrive. The $86,932 median will likely creep up, but the real opportunity is in the top tier, where salaries can exceed $150,000 with the right specialization.
The Verdict: Is Dallas Right for You?
Dallas offers a compelling package for accountants, but itâs not for everyone. Hereâs the straight talk.
| Pros | Cons |
|---|---|
| Strong, Diverse Job Market. With 2,605 jobs and major employers across industries, youâre not tied to one sector. | Car Dependency. You will need a reliable car. Public transit is limited, and commutes can be long. |
| No State Income Tax. This effectively boosts your take-home pay by 5-10% compared to states with income tax. | Competitive Housing Market. While rent is manageable, the home-buying market is tough for single-income professionals at the median salary. |
| Hub for Specialization. Unmatched opportunities in energy tax, international accounting, and corporate finance. | High-Pressure Culture. The Big 4 and corporate giants expect long hours, especially during quarter-end and year-end. |
| Networking Scene. The Dallas chapter of the TSCPA is incredibly active. Itâs easy to meet people and find mentors. | Summers are Brutal. From June to September, the heat and humidity are a real factor in your quality of life. |
Final Recommendation:
Dallas is an excellent choice for ambitious, CPA-licensed accountants who want to work in a fast-paced, corporate environment and are open to specialization. If youâre early in your career and willing to put in the hours at a Big 4 firm, you can build a powerful resume. If youâre mid-career and seeking a move into management, the corporate sector here offers clear paths. However, if you prefer a slower pace, a walkable lifestyle, and a tight-knit community feel, you might find Dallasâs sprawl and corporate focus draining. For the accountant with a plan, Dallas pays well and offers a clear ladder to climb.
FAQs
1. Iâm not a CPA. Can I still get a good job in Dallas?
Yes, but your ceiling is lower. You can work as a staff or senior accountant in industry or at smaller firms. Major corporations and the Big 4, however, will likely require a CPA for any role beyond entry-level. Consider pursuing the licenseâitâs the single best investment for your career in this market.
2. How competitive is the job market for entry-level accountants?
Itâs competitive, but not impenetrable. The key is internships and networking. The TSCPA hosts student events, and many firms recruit directly from local universities like UT Dallas and SMU. Apply early and often. The 2,605 jobs include many that are not publicly listed.
3. Is the cost of living really as high as they say?
Itâs high for Texas, but moderate nationally. The 103.3 index reflects a 3.3% premium over the US average. The biggest bite is housing. If you can find a roommate or live in a neighborhood like Lake Highlands, you can keep your rent closer to $1,200, which makes a huge difference.
4. Whatâs the best way to network as a transplant?
Join the Dallas Chapter of the Texas Society of CPAs (TSCPA) immediately. They have monthly luncheons, young professional groups, and specialty sections. Also, attend events at the Dallas Regional Chamber. LinkedIn is powerful here, but face-to-face connections at these organizations are gold.
5. How long should I expect my commute to be?
In Dallas, a 20-minute commute is considered âgood.â If you work downtown and live in Uptown, youâre looking at 10-15 minutes. If you work in Plano and live in Lake Highlands, budget 30-40 minutes. Traffic is real, especially on I-35, I-30, and US-75. Always test your commute during rush hour before signing a lease.
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