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Photo by Alexander Mils on Unsplash

Many people daydream about making six figures in their career before they enter the workforce. But the rising cost of living certainly throws a wrench in the works. Luckily for Texans, a six-figure salary still goes pretty far in the state.

In a new report from SmartAsset, a $100,000 salary in Austin is worth an average of $73,777 after taxes and adjusted for the cost of living. The financial technology company analyzed income in 76 United States cities, and adjusted them for the cost of living in each location. Austin ranked No. 24 on the list.

Seven Texan cities appear in the study’s top 10 where a six-figure salary goes the furthest. Houston ranked No. 6 as the fourth Texas city on the list, after El Paso (No. 2), Corpus Christi (No. 4), and Lubbock (No. 5). A Houstonian's six-figure salary is reduced to $74,515 after taxes, but is technically worth $81,350 when adjusted for the cost of living.

In a three-way tie with San Antonio for No. 7, a person who makes $100,000 a year in Fort Worth and Arlington takes home about $74,515 after taxes. When adjusted for the cost of living, which is seven percent lower than the national average, that money is worth $80,124.

Dallas appears at No. 34 on the list, with the average six-figure earner bringing home $72,345 after taxes. That salary shrinks in the northern Dallas suburb of Plano (No. 59), where the worker brings home $59,422.

The place where $100,000 goes the furthest is Memphis, Tennessee. Much like Texas, Tennessee doesn’t have a state income tax and has a lower cost of living in comparison to the national average.

After Memphis is El Paso, followed by Oklahoma City (No. 3), then Corpus Christi, Lubbock, and Houston. After the Texan three-way tie for No. 7, St. Louis, Missouri rounds out the top 10.

The 10 total Texas cities that appear in SmartAsset’s study include:

  • No. 2 – El Paso
  • No. 4 – Corpus Christi
  • No. 5 – Lubbock
  • No. 6 – Houston
  • No. 7 – Fort Worth, Arlington, San Antonio (tied)
  • No. 24 – Austin
  • No. 34 – Dallas
  • No. 59 – Plano

The report and its methodology can be found on SmartAsset’s website.

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8 Austin entrepreneurs rank among Forbes' richest self-made women for 2023

Elite entrepreneurs

Twelve of the country's 100 most successful female entrepreneurs live in Texas this year, and eight of them call Austin home. So says Forbes in its 2023 list of America's Richest Self-Made Women, released June 1.

"Bolstered in part by a rebound in the stock market, [the richest 100 female entrepreneurs] are cumulatively worth a record $124 billion, up nearly 12 percent from a year ago," says Forbes.

To make the Forbes list, women had to garner wealth on their own, rather than by inheriting or winning it.Texas' wealthiest women have made their fortunes in fields ranging from home health care, insurance, and aviation logistics to jewelry design, dating apps, and running the show at SpaceX.

With an estimated net worth at $4.8 billion, Thai Lee, of Austin, remains at the top of the list in Texas, and ranks No. 5 nationally.

She falls behind only No. 1 Diane Hendricks of Wisconsin (co-founder of ABC Supply, $15 billion net worth); No. 2 Judy Loveof Oklahoma (chairman and CEO, Love's Travel Stops And Country Stores, $10.2 billion); No. 3 Judy Faulkner of Wisconsin (founder and CEO, Epic Systems, $7.4 billion); and No. 4 Lynda Resnick of California (co-founder and co-owner of Wonderful Company, $5.3 billion) among America's richest self-made women.

For some additional perspective, Oprah Winfrey lands at No. 13 on the list for 2023. The TV titan (and most famous woman on the planet) has an estimated net worth of $2.5 billion, Forbes says.

Austin's Lee, a native of Bangkok who holds an MBA from Harvard University, is founder, president, and CEO of SHI International Corp., a provider of IT products and services with a projected revenue of $14 billion in 2023. Fun fact: "Lee majored in both biology and economics," Forbes says, "in part because her English was less than perfect and she wanted to avoid writing and speaking in class."

The other seven Austin women on the list are:
  • Lisa Su, No. 34, Austin. Forbes pegs Su’s net worth at $740 million, tying her with April Anthony of Dallas. The native of Taiwan is president and CEO of Santa Clara, California-based semiconductor company Advanced Micro Devices.
  • Kendra Scott, No. 47, of Austin.Forbes says she has amassed a net worth of $550 million as founder of Kendra Scott LLC, which designs and sells jewelry in more than 100 stores (and is worth $360 million). The celebrity entrepreneur is also a judge on TV's Shark Tank.
  • Whitney Wolfe Herd, No. 52, of Austin. She is worth an estimated $510 million. Herd is co-founder and CEO of Bumble Inc., which operates two online dating apps: Bumble and Badoo. She owns a 17% stake in Bumble and became the youngest self-made woman billionaire after it went public in February 2021.
  • Paige Mycoskie, No. 73, of Austin. She is worth an estimated $380 million. Mycoskie created founded her 1970s-inspired California lifestyle brand, Aviator Nation, which took off during the pandemic and now has 16 retail locations across the U.S. If the name sounds familiar, that's because she's the sister of TOMS founder Blake Mycoskie, with whom she competed on TV's The Amazing Race.
  • Imam Abuzeid, No. 77, of Austin. Her net worth is estimated at $350 million. Abuzeid is the co-founder and CEO of Incredible Health, which she started in 2017 to help alleviate America's nursing shortage. Forbes describes it as "a souped-up version of LinkedIn for nurses." Abuzeid is one of only a handful of Black female founders to run a company valued at more than $1 billion, Forbes notes.
  • Julia Cheek, No. 92, of Austin. Her net worth is estimated at $260 million. Cheek founded at-home testing company Everly Health in 2015 "out of frustration at having to pay thousands for lab testing to diagnose issues related to vitamin imbalance," Forbes says. It got a Shark Tank deal with Lori Greiner and is now worth roughly $1.8 billion.
  • Belinda Johnson, No. 96, of Austin. She is worth an estimated $250 million. Johnson was Airbnb's first chief operating officer and led many of its legal disputes. She stepped down from that role in March 2020, Forbes says, and left the company's board in June 2023.

The remaining Texas women on the list include:

  • Gwynne Shotwell, No. 27, of Jonesboro (Coryell-Hamilton counties). Her net worth is estimated at $860 million. Shotwell is president and COO of Elon Musk's SpaceX. She manages the operations of the commercial space exploration company and owns an estimated stake of 1 percent, Forbes says.
  • Robyn Jones, No. 29, of Fort Worth. Her net worth is estimated at $830 million. Jones is founder of Westlake-based Goosehead Insurance Agency LLC. She started the property and casualty insurance agency in 2003 after being frustrated with her truck-driver husband's "road warrior lifestyle," Forbes says. He joined her in 2004 and they took the company public in 2018. It has nearly 1,000 franchised offices.
  • April Anthony, No. 34, of Dallas. Forbes puts her net worth at $740 million. She founded the Dallas-based home health and hospice division of Encompass Health Corp and sold it for $750 million to HealthSouth. In 2022, she was named CEO of VitalCaring, a home health and hospice care firm.
  • Kathleen Hildreth, No. 44, of Aubrey. Her net worth is estimated at $590 million. Hildreth is co-founder of M1 Support Services LP, an aviation logistics company based in Denton. A service-disabled Army veteran, she graduated from West Point in 1983 and was deployed all around the world as a helicopter pilot.

Endless creativity of Spider-Man: Across the Spider-Verse keeps superhero story in overdrive

Movie Review

The blast of pure fun that was 2018’s Spider-Man: Into the Spider-Verse accomplished several goals, but none more important than reclaiming the character from being part of just the Marvel Cinematic Universe. By not participating in the never-ending connecting stories of the MCU, the filmmakers could do whatever they wanted, first and foremost using Miles Morales (Shameik Moore) instead of Peter Parker as its main character.

It was also at the forefront of multiversal storytelling that has become the rage in the MCU and elsewhere. Given the multitude of Spider characters that have existed in the comics over the years, it was uniquely suited to telling a story with people from multiple universes. That concept is taken to the nth degree with Spider-Man: Across the Spider-Verse, a film that has seemingly limitless levels of creativity.

Miles, having separated from Gwen Stacy (Hailee Steinfeld), Peter B. Parker (Jake Johnson), and other Spider-people at the end of the first film, is doing well as the friendly neighborhood Spider-Man, casually protecting people from threats big and small. But when a highly unusual villain named The Spot (Jason Schwartzman) proves especially tricky, a series of events has Miles follow Gwen into a portal where he encounters every other Spider character in existence.

Lest you think that’s hyperbole, among the people he meets are Jessica Drew/Spider-Woman (Issa Rae), Miguel O’Hara/Spider-Man 2099 (Oscar Isaac), Hobie Brown/Spider-Punk (Daniel Kaluuya), Ben Reilly/Scarlet Spider (Andy Samberg), and Spider-Man India (Karan Soni), and that’s just the tip of the iceberg. Revelations made while meeting all of them lead Miles to a whole new understanding of himself and the multiverse in general, with far-reaching consequences.

The filmmakers, once again led by writers/producers Phil Lord and Christopher Miller, fill the screen with so many visual elements that at times it can be overwhelming, but in the best possible way. Unlike most animated films, there are multiple different styles employed throughout, and never knowing what to expect gives the film a kineticism that borders on manic, although it always stops short of being incomprehensible.

The storytelling is much more complex this time around, no surprise since it involves so many more characters. But the personal stories of each of the Spider characters, especially Miles and Gwen, maintain a grounded nature that keeps the plot anchored even while delving into increasingly fantastical territory.

Although this film deals with some darker themes, there is still plenty of humor to be had. The intersection of so many Spider characters highlights their differences, and the way they interact can’t help but be entertaining. Miles is still a 15-year-old kid, and the way he navigates the world(s) has a lightness to it that is a sharp contrast to the various adults in his life.

Moore, who’s not as well-known as some of his co-stars, has proven to be the perfect voice for Miles, making him relatable and powerful at the same time. Everyone else gives similarly great performances, although the fact that many of them are famous for their non-voicework doesn’t really play a factor in how well they come across here.

A third film, Beyond the Spider-Verse, is teased with a cliffhanger, and unlike other franchises where multiple films are unnecessary, there are no such reservations here. Spider-Man: Across the Spider-Verse equals the success of the first film, and there is no doubt that the filmmakers will bring the same level of attention to detail to the end of the trilogy.

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Spider-Man: Across the Spider-Verse opens in theaters on June 2.

Miles Morales (Shameik Moore) in Spider-Man: Across the Spider-Verse

Photo courtesy of Sony Pictures Animation

Miles Morales (Shameik Moore) in Spider-Man: Across the Spider-Verse.

Dip your toes into these 7 Austin pools with passes, snacks, and summer events; plus more top stories

hot headlines

Editor’s note: It’s that time again — time to check in with our top stories. From hotel pools, to museums, to a show-stopping Hill Country rental, here are five articles that captured our collective attention over the past seven days.

1. Dip your toes into these 7 Austin pools with passes, snacks, and summer events. The city is getting unreasonably hot again; It's time to start planning poolside hangs, which are even better with a cocktail.

2. Breathtaking Hill Country hideaway is one of Vrbo's top 10 vacation homes in the country. The retractable floor-to-ceiling glass windows are a nice touch in this $400-a-night house.

3. 6 Austin museums are offering free admission for military families all summer long. These organizations want to help military families spend more time together without breaking the bank.

4. Space-inspired screenings invade Austin Film Society ahead of Wes Anderson's upcoming release. Austinites looking forward to the June 16 release of Asteroid City can soak up the inspirations and watch a sneak peek screening.

5. Texas ranks No. 2 best state to start a small business in new report. The state's tax framework makes the finance side of running a business relatively easy.