Can a Data Scientist afford to live in Dallas?

Excellent62% of take-home left to save โ€” you can save aggressively here.
Median salary (gross)
Data Scientist ยท Dallas
$120,221
Income tax (~25% effective)
United States
โ€“ $30,082
Take-home pay
$7,512/mo
$90,139
Living costs (1 person)
$2,860/mo ยท derived
โ€“ $34,320
Savings potential
$4,652/mo ยท 62% of take-home
$55,819

Single professional, after-tax. Salary โˆ’ tax โˆ’ living costs = what you could save each year.

How we calculated this

โ€ข Salary: BLS OES median for Data Scientist, adjusted for Dallas.

โ€ข Tax: United States single-filer effective rate (~25%). Official calculator.

โ€ข Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.