Data Scientist Salary in Austin, TX

Austin is one of the fastest-growing tech hubs in the U.S. That’s due in part to tech giants like Oracle, Google and Tesla, relocating or opening offices here. Plus, plenty of established tech companies like Dell and IBM, as well as numerous start-ups and SME tech businesses, have long had a presence in Texas’s capital city.

That means data scientists in Austin are welcomed by plenty of job opportunities. And with companies like Tesla, venture capital firm 8VC, and Apple opening a new North Austin campus, the demand for skilled data scientists will continue to grow.

In Austin, data science salaries are competitive. In fact, it’s one of the highest-paying cities in the U.S. for tech jobs, behind only the Bay Area and New York. An added benefit is Austin’s relatively low cost of living, which makes those already-high salaries go even further.

Here’s a look at average data science salaries in Austin TX:

One reason many consider relocating to Austin: The relatively low cost of living. Average rent in Austin is $1,539, median home prices are $600,000, and consumer prices with rent included for Austin are 43% lower than in San Francisco.

In other words, you could maintain the same standard of living in Austin at roughly $4850 that you could expect in San Francisco at $8,500.  Therefore, tech workers’ salaries go much further.

Here’s a look at data science salaries in Austin normalized for the cost of living:

For tech workers at various stages of their careers, Austin out-performs the national average. A entry-level data scientist in Austin, for example, earns $87,000 per year, while a senior data scientist in Austin earns a base salary of $128,000.

Overall, data science manager salaries are the highest, averaging over $160,000 per year.

Data science manager salaries are highest, slightly above those of senior-level data scientists.

Data science salaries in Austin are among the highest in the U.S., and it’s one of the best-paying jobs in the industry here:

Austin is a growing tech hub, and the city performs highly when you consider the city’s salaries adjusted for the cost of living. In terms of comparable cities, data scientists’ salaries in Austin are comparable to Boston, MA, Portland, OR, and Baltimore, MD.

Thanks to its fast-growing tech sector, Austin has earned every bit of its nickname, “Silicon Hills.” Here, you’ll find several FAANG offices, including Facebook, Apple, and Google, as well as long-established tech giants like IBM, Dell, and Cisco. Top-paying tech companies in Austin include:

Here’s a look at some of the technology companies that call Austin home:

• Facebook – Since arriving in Austin in 2010, with just seven employees, Facebook has rapidly grown its presence in the capital city. As of 2021, Facebook has 2,000 employees in Austin across 100 teams.
• Apple – Apple has operated in Austin for more than 25 years. In 2019, the company broke ground on a $1 billion campus – set to open soon – with space for 5,000 employees.
• Oracle – Since opening its campus of the future in Austin, Oracle has rapidly scaled hiring, with plans for up to 10,000 employees.
• Dell – Based in the Austin suburb of Round Rock, Dell is one of the largest employers in the Austin metro. Currently 13,000 employees work out of its headquarters.
• Tesla – Tesla has rapidly scaled hiring in the Austin Metro, with some 10,000 jobs needing to be filled through 2022.
• Google – Google has plans to expand its Austin presence. Currently, the company has about 800 employees in the area, with plans for $50 million in investments in office space.
• Cisco – Cisco’s Austin office employees 800.
• Silicon Labs – The chip and software company Silicon Labs is headquartered in Austin.
• IBM – IBM has been in Austin since the 1960s, and is one of the largest tech employees in the metro. Currently, there are about 6,000 employees on the IBM Austin campus.