Can a Mortgage Banker afford to live in Austin?

Excellent44% of take-home left to save — you can save aggressively here.
Median salary (gross)
Mortgage Banker · Austin
$79,122
Income tax (~21% effective)
United States
– $16,259
Take-home pay
$5,239/mo
$62,863
Living costs (1 person)
$2,910/mo · curated
– $34,920
Savings potential
$2,329/mo · 44% of take-home
$27,943

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

Monthly cost breakdown · Austin

Rent (1-bed)$1,600
Groceries$380
Dining out$280
Transport$200
Utilities$140
Entertainment$180

No state income tax. Lower cost than coastal cities but rising fast.

Full salary breakdown →Is this a good salary in Austin? →Compare Austin with another city →

How we calculated this

• Salary: BLS OES median for Mortgage Banker, adjusted for Austin.

• Tax: United States single-filer effective rate (~21%). Official calculator.

• Living costs: hand-curated local budget for a single professional.

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