Go Back  British Expats > Living & Moving Abroad > USA
Reload this Page >

HELP!! MOVING TO HOUSTON

HELP!! MOVING TO HOUSTON

Thread Tools
 
Old Sep 20th 2014, 3:14 pm
  #16  
 
Weeze's Avatar
 
Joined: Jun 2010
Location: Houston, TX
Posts: 2,262
Weeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond repute
Default Re: HELP!! MOVING TO HOUSTON

Originally Posted by Canveydave
This worries me now! I have just accepted a $106k base salary and have a family to support. I was moving for an uptick in lifestyle, not to struggle!
Remember Houston is a bit of a weird place for salaries because it's such an oil city. Starting salaries for new grads in a major oil company can be $100k. Due to that the salary conversation about Houston is often more complicated than some other cities.
Weeze is offline  
Old Sep 20th 2014, 3:44 pm
  #17  
Banned
 
Joined: Aug 2014
Location: Lake Nona, FL
Posts: 205
Canveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond reputeCanveydave has a reputation beyond repute
Default Re: HELP!! MOVING TO HOUSTON

Originally Posted by Weeze
Remember Houston is a bit of a weird place for salaries because it's such an oil city. Starting salaries for new grads in a major oil company can be $100k. Due to that the salary conversation about Houston is often more complicated than some other cities.
We should be ok then??
Canveydave is offline  
Old Sep 20th 2014, 4:17 pm
  #18  
 
Weeze's Avatar
 
Joined: Jun 2010
Location: Houston, TX
Posts: 2,262
Weeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond reputeWeeze has a reputation beyond repute
Default Re: HELP!! MOVING TO HOUSTON

That's a very subjective question. It's a better salary than a lot have, low for oil.
Weeze is offline  
Old Sep 20th 2014, 6:23 pm
  #19  
BE Enthusiast
 
Bomjeito's Avatar
 
Joined: Jul 2009
Location: Houston
Posts: 522
Bomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond reputeBomjeito has a reputation beyond repute
Default Re: HELP!! MOVING TO HOUSTON

Yes, the starting salaries in the O&G sector are from $80k to 100k. But that doesn't mean you can live on it, and in areas of EC and Woodlands, houses run $4k a month to rent. Many have this salary starting out because they are still at home, or sharing flats with mates, or have a spouse working as well.

My first reaction at the salary was it was low for a family to do well here, and knocks one out of the better school districts unless ready for a hefty mortgage. And start up costs moving here are high, as you need to buy cars, set up utilities, etc.
Bomjeito is offline  
Old Sep 20th 2014, 9:37 pm
  #20  
BE Forum Addict
 
Owen778's Avatar
 
Joined: Jan 2014
Location: Anchorage, AK, USA
Posts: 1,347
Owen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond reputeOwen778 has a reputation beyond repute
Default Re: HELP!! MOVING TO HOUSTON

Originally Posted by Michael
Other than possible 401K or HSA contributions, I normally wouldn't be concerned about other deductions unless you have home mortgage interest and/or property taxes since you have to exceed the standard deduction before those will be beneficial.
That calculator is a take-home pay calculator, not a detailed tax calculator. This means when it talks about voluntary deductions, it's talking about voluntary deductions from income at source, not about the details of the tax calculation.
Owen778 is offline  
Old Sep 22nd 2014, 12:34 am
  #21  
The worse half of Weeze
 
Mr Weeze's Avatar
 
Joined: Mar 2012
Location: Back in TX
Posts: 3,231
Mr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond reputeMr Weeze has a reputation beyond repute
Default Re: HELP!! MOVING TO HOUSTON

Use this Houston homes, Houston Open Houses, and New Houston Listings - HAR.com - HAR.com to get an idea of what you could get for your money. I would suggest no more than $2k/month, and that will still be about 1/3 or more of your take home pay. I did a search on Humble and it found 29 homes with 4 bedrooms or more for less than 2k. That will include property taxes, which are another major tax here. The rest of the taxes can be got with any website that will give you an approx. federal calculation.

I work in oil and gas. We pay petrotechnical new grads between $100k-$110k typically. We also have people who are not petrotechs and have been working for 10 years on between $80k-$100k. As a result, Houston is skewed in salary. Median or average doesn't mean much, the distribution is much wider than "normal". There are a LOT of people taking in $500k a year or more when you add in base, bonus, shares etc.
Mr Weeze is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.