Median Salary
$86,932
Above National Avg
Hourly Wage
$41.79
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where Grand Prairie Stands
As a career analyst who has watched the Dallas-Fort Worth metroplex evolve for two decades, I can tell you Grand Prairie offers a solid, if not spectacular, market for accountants. Itās a city caught between the high-powered financial hubs of Dallas and Fort Worth, and that positioning creates a specific salary landscape. The median salary for an accountant here is $86,932/year, which breaks down to a robust $41.79/hour. This is slightly above the national average of $86,080/year, a testament to the strong Texas economy, but it doesnāt reach the premium salaries you might see in downtown Dallas. The metro area has 404 active accounting jobs, a manageable pool that indicates steady demand but not a hiring frenzy. The 10-year job growth projection is 4%, which is modest but stableāaccounting is a recession-resistant field, and Grand Prairie's diversified economy (aerospace, logistics, healthcare) helps insulate it from market swings.
To give you a realistic picture, hereās how salaries typically break down by experience level in this specific market.
| Experience Level | Typical Years of Experience | Estimated Annual Salary Range |
|---|---|---|
| Entry-Level | 0-2 | $60,000 - $72,000 |
| Mid-Career | 3-7 | $75,000 - $95,000 |
| Senior-Level | 8-15 | $96,000 - $120,000 |
| Expert/Managerial | 15+ | $121,000 - $145,000+ |
When you compare Grand Prairie to other major Texas cities, the story becomes clearer. Austin, with its tech boom, commands higher salaries (median around $92k). Houston, with its energy sector, offers similar to slightly higher pay for specialized roles. Fort Worth, Grand Prairieās neighbor to the west, is very comparable. Dallas, just east, offers higher potential, but often comes with a longer, more expensive commute. Grand Prairie sits in a sweet spot: good pay relative to its lower cost of living compared to Austin or Dallas, with a strong job market within the larger DFW ecosystem.
Insider Tip: Donāt just look at the base salary. Many corporate roles in Grand Prairie come with annual bonuses (5-15% of base) and solid 401(k) matches, which are common among the large employers here. Always ask about total compensation.
š Compensation Analysis
š Earning Potential
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
The median salary of $86,932/year sounds good on paper, but the real question is whatās left after Uncle Sam and your landlord take their cut. Grand Prairie has a relatively affordable cost of living, indexed at 103.3 (US average = 100). The average one-bedroom apartment rent is $1,291/month. Letās break down a monthly budget for an accountant earning the median salary.
Monthly Budget Breakdown (Approximate):
- Gross Monthly Pay: $7,244
- Taxes & Deductions (Est. 25% for TX, no state income tax): -$1,811
- Take-Home Pay: ~$5,433
- Rent (1BR): -$1,291
- Remaining for Other Expenses: ~$4,142
Expenses like utilities ($150-200), groceries ($300-400), car payments/insurance ($400-600), and healthcare ($150-300) will eat into that $4,142. After all is said and done, youāre likely left with $1,500-$2,000 for savings, retirement, and discretionary spending. Itās a healthy margin, but not extravagant.
Can you afford to buy a home? The median home price in Grand Prairie is roughly $330,000. With a 20% down payment ($66,000), a 30-year mortgage at current rates (around 7%) would have a monthly payment of approximately $1,750, which is about 32% of your gross monthly income. While this is within the traditional "28% rule" for housing costs, itās on the higher end. Itās feasible, especially if you have a dual-income household, but saving for that down payment on a single accountantās salary will take disciplined budgeting.
š° Monthly Budget
š Snapshot
Where the Jobs Are: Grand Prairie's Major Employers
Grand Prairieās economy is uniquely positioned between Dallas and Fort Worth, with a strong manufacturing and logistics backbone. The accounting jobs are concentrated in a few key sectors: aerospace, healthcare, and municipal government. Here are the major local employers:
- Lockheed Martin (Arlington/Grand Prairie border): A massive presence. They hire cost accountants, financial analysts, and program accountants to manage multi-billion dollar defense contracts. Hiring is cyclical, tied to government budgets, but their Grand Prairie facility focusing on aeronautics is a stable source of high-quality jobs.
- Baylor Scott & White Medical Center ā Grand Prairie: One of the largest hospitals in the area. They need revenue cycle specialists, billing managers, and financial analysts. The healthcare sector is one of the most resilient areas for accounting jobs.
- City of Grand Prairie: Municipal government is a steady employer for public sector accountants, auditors, and budget analysts. These roles offer excellent benefits and job security, though salaries can be at the lower end of the median.
- Amazon (DFW Central Fulfillment Center): With a massive fulfillment center in Grand Prairie, Amazon hires supply chain accountants, financial analysts, and accounting managers to oversee the centerās multi-million dollar operations.
- Frito-Lay / PepsiCo (Plano, but major presence): While their headquarters are in Plano, they have significant operations and distribution centers in the South DFW area. They hire financial analysts, cost accountants, and internal audit staff.
- AmerisourceBergen (Fort Worth, but major employer in the region): A leader in pharmaceutical distribution. They frequently hire for accounting and finance roles, with many employees commuting from Grand Prairie.
Hiring Trends: The trend is toward specialization. General ledger accountants are still needed, but the highest demand is for professionals with expertise in cost accounting (for manufacturing), revenue cycle management (for healthcare), and government contract accounting (for aerospace). Remote/hybrid work has become more common post-pandemic, especially for corporate roles, but many local employers still value a strong in-office presence for team collaboration.
Getting Licensed in TX
To practice as a CPA in Texas, you must meet the requirements set by the Texas State Board of Public Accountancy (TSBPA).
- Educational Requirements: You need 150 semester hours of college credit, with at least 30 hours of upper-level accounting and 24 hours of upper-level business courses.
- Exam: Pass all four sections of the Uniform CPA Exam.
- Experience: You must complete one year (2,000 hours) of work experience under the supervision of a licensed CPA.
- Costs: Exam fees (NASBA) are approximately $1,500-$2,000. TSBPA application and licensing fees are around $300. Course materials (Becker, UWorld Roger, etc.) can cost $1,500-$3,000. Total, youāre looking at an upfront investment of $3,300 - $5,300.
- Timeline: For someone who already has the 150 hours, the process typically takes 12-18 months: 6-12 months to study and pass the exam, plus 3-6 months for the TSBPA to process your application and grant the license.
Insider Tip: The biggest hurdle for many is the 150-hour rule. If youāre coming from another state or have a 120-hour degree, consider enrolling in a local program like the University of Texas at Arlingtonās (UTA) accounting masterās, which is a respected path for meeting the requirement and can be done online.
Best Neighborhoods for Accountants
Grand Prairie is a vast city. Your commute and lifestyle will depend heavily on where you live. Here are four neighborhoods to consider, balancing commute times with lifestyle.
| Neighborhood | Vibe & Commute | Estimated 1BR Rent | Best For |
|---|---|---|---|
| South Grand Prairie/Eagle Mountain Lake | Quiet, suburban, family-friendly. Commutes to major employers (Lockheed, Amazon) are short (<15 min). Closer to Fort Worth jobs. | $1,150 - $1,400 | Those seeking a quiet, suburban life with easy access to west-side employers. |
| Central Grand Prairie (Main Street area) | More urban, walkable. Close to restaurants and parks. Commute to anywhere in the metro is 20-30 minutes. | $1,250 - $1,500 | Younger professionals who want a more lively atmosphere without the Dallas price tag. |
| Lakeside / North Grand Prairie | Upscale, scenic. Near Lake Joe Pool. Closer to Dallas via I-30. Commute to Arlington or Dallas (20-30 min). | $1,400 - $1,700 | Those who want a more refined setting and are willing to commute for a higher salary in Dallas. |
| East Grand Prairie (adjacent to Arlington) | Affordable, convenient. Easy access to I-30, Highway 360, and DFW Airport. Commute to Arlington jobs is very short. | $1,100 - $1,300 | Budget-conscious professionals who need quick access to the airport and major highways. |
Insider Tip: Traffic on I-30 and Highway 360 can be brutal during rush hour. If your job is in Arlington (like Lockheed) or Dallas, living on the east side of Grand Prairie will save you significant commute time. Always test-drive the route during your potential work hours before signing a lease.
The Long Game: Career Growth
Stagnation is a real threat for accountants in a mid-sized market. To grow your salary and responsibility, you need to specialize. Hereās how premiums break down in Grand Prairie:
- CPA License: The single biggest career multiplier. Expect a $15,000 - $25,000 salary premium over a non-CPA with similar experience.
- Specialization Premiums:
- Cost/Managerial Accounting: Crucial for the local aerospace and manufacturing sector. Can command a 10-15% premium.
- Revenue Cycle Management (Healthcare): High demand at Baylor Scott & White. Premium of 8-12%.
- Government Contract Accounting: Niche and valuable for Lockheed Martin. Premium can be 15-20% for those with the right experience.
- ERP Systems (SAP, Oracle): Proficiency in these systems is a must for large companies. This skill alone can add 5-10% to your market value.
Advancement Paths:
- Public Accounting to Industry: A common path. Get your CPA at a local firm (like Harper, R. K. or W. G. L. in Dallas), then jump to a corporate role in Grand Prairie with a significant pay bump.
- Lateral Moves for Specialization: Start as a general accountant, then move to a cost accountant role at Lockheed, then to a senior cost analyst, and eventually to a plant controller or finance manager.
- CFO Track: For those with ambition and an MBA, the path to Controller (managing all accounting) and then CFO is possible within the large employers like Baylor Scott & White or a mid-sized manufacturing firm in the area.
10-Year Outlook: The accounting job market in Grand Prairie will remain stable, with demand shifting toward data analytics and strategic advisory roles. The 4% growth will be in these advanced areas. Automation will handle routine bookkeeping, but the need for analysis, interpretation, and compliance will keep skilled accountants in high demand. Your long-term success will hinge on continuous learning and specializing in a sector that matches Grand Prairieās economic strengths.
The Verdict: Is Grand Prairie Right for You?
Grand Prairie isnāt the flashiest accounting market in Texas, but itās a deeply practical one. It offers a solid salary that goes a long way thanks to a reasonable cost of living. The job market is stable, with a few powerhouse employers that can anchor a long-term career. However, youāll likely need to commute to Dallas or Fort Worth for the highest salaries, and the 10-year growth is modest.
Hereās a balanced look:
| Pros | Cons |
|---|---|
| Salary vs. Cost of Living: The $86,932 median salary goes further here than in Austin or Dallas. | Modest Growth: The 4% job growth means you may need to change employers to see significant salary jumps. |
| Job Stability: Major employers in aerospace, healthcare, and logistics are recession-resistant. | Commute Factor: To access the very highest salaries, a commute to Dallas or Fort Worth (20-45 min) is often necessary. |
| Central Location: Access to two major cities, DFW Airport, and a variety of industries. | Limited "Prestige" Firms: Fewer Fortune 500 headquarters are based directly in Grand Prairie compared to Dallas or Plano. |
| Diverse Industries: You can pivot between manufacturing, healthcare, and government sectors without leaving the area. | Taxes: While thereās no state income tax, property taxes in Texas are high, which will impact you more if you buy a home. |
Final Recommendation: Grand Prairie is an excellent choice for mid-career accountants (3-10 years of experience) who prioritize work-life balance and financial stability over chasing the absolute highest salary. Itās ideal for those who already have their CPA or are actively pursuing it, and who want to specialize in cost accounting, healthcare revenue cycle, or government contracts. Itās less ideal for entry-level professionals seeking a high-energy, fast-track career in a major financial hub, or for those whose specialty doesnāt align with the local industries.
FAQs
1. How competitive is the job market for accountants with no CPA in Grand Prairie?
Itās competitive for entry-level roles, which often require a degree but not the license. However, the ceiling for advancement and pay is significantly lower. Most senior and managerial roles at top employers like Lockheed or Baylor Scott & White will require or strongly prefer a CPA. Getting your license is the most reliable way to unlock higher earning potential in this market.
2. Is remote work common for accountants in Grand Prairie?
Post-2020, remote and hybrid models have become more common, especially for corporate accountants at larger companies. However, many local employers, particularly those in manufacturing and healthcare with physical operations (like Lockheed or a hospital), still prefer a hybrid or fully in-office model for team collaboration and audit trails. Always clarify this during the interview process.
3. Whatās the best way to network with other accountants in the area?
Join the Dallas Chapter of the Texas Society of CPAs (TSCPA). While based in Dallas, many Grand Prairie professionals are members. They host events, CPE courses, and networking mixers. Attending these is the single best way to connect with local hiring managers and learn about unadvertised job openings.
4. How do I handle the Texas property tax burden when budgeting?
This is a key financial planning point. Texas has no state income tax, but it funds services through high property taxes. In Grand Prairie, the effective tax rate is roughly 2.2% of the assessed home value. On a $330,000 home, thatās about $7,260/year or $605/month in property taxes alone, which must be factored into your home-buying budget. Itās a significant ongoing cost that differs from many other states.
5. Can I get a job in Grand Prairie if Iām licensed in another state?
Yes, but youāll need to transfer your CPA license to Texas. Texas has reciprocity with all other states, but you must submit an application to the TSBPA, provide proof of your current license, and possibly pass an ethics exam if your state didnāt require one. The process typically takes 2-3 months and costs around $300-400. Itās manageable and should be done before accepting a job offer that requires a Texas CPA license.
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