Tax Manager · Salary Comparison · 2026
Tax Manager Salary: Richmond, VA vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Tax Managers in Richmond, VA and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$92,000 vs $112,000
Better Purchasing Power
✓ Richmond, VA
$91,089 vs $90,323
Best Take-Home (COL-Adj)
✓ Austin, TX
$79,327 vs $83,458
2
Detailed Comparison
| Metric | Richmond, VA | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $92,000 | $112,000▲ | -$20,000 |
| 25th Percentile | $70,840 | $86,240▲ | -$15,400 |
| 75th Percentile | $117,760 | $143,360▲ | -$25,600 |
| 90th Percentile | $147,200 | $179,200▲ | -$32,000 |
| Cost of Living Index | 101 | 124 | -23 |
| State Income Tax | 5.75% | 0%▲ | +5.75% |
| COL-Adjusted Median | $91,089▲ | $90,323 | +$766 |
| Est. Annual Take-Home | $80,120 | $103,488▲ | -$23,368 |
| COL-Adj. Take-Home | $79,327 | $83,458▲ | -$4,131 |
| Total Employment | 11,200 | 30,400 | -19,200 |
▲ = Higher value wins for this metric. Diff = Richmond, VA minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $20,000 more (median: $92,000 vs $112,000). However, after adjusting for cost of living (index 101 vs 124), Richmond, VA provides better purchasing power ($91,089 vs $90,323 equivalent). Austin, TX has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.