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Austria

#13 globallyEurope

Average salary: $53,000/year ยท Currency: EUR โ‚ฌ

Mean Annual Salary

$53,000

gross USD

Median Annual Salary

$46,000

gross USD

GDP per Capita

$53,268

current USD

PPP Factor

ร—0.84

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$46,000
Income Tax$10,465
Social Security$4,025
Health Insurance$1,610

Take-Home (Net) Annual

$29,900

Effective Tax Rate

35.0%

* Based on median salary of $46,000. Estimated combined rate. Consult a tax professional for accurate calculations.

๐Ÿ‡ฆ๐Ÿ‡น Austria Economic Overview

Currency

EUR (โ‚ฌ)

Region

Europe

Population

9.1M

Gini Coefficient

0.301

Cost of Living Index

84 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Europe Mean$30,959
Austria Mean$53,000

Global Ranking

#13

out of 117 countries

by average salary

About Salaries in Austria

The average annual salary in Austria is approximately $53,000 (gross, in USD), with a median of $46,000. The country ranks #13 out of 117 countries by average salary.

At the median salary, workers in Austria take home approximately $29,900 after taxes โ€” an effective tax rate of 35.0%. The purchasing power parity factor of ร—0.84 means that in real terms, living costs are lower than in the United States.

Austria is located in the Europe region. Income inequality, measured by the Gini coefficient, is 0.301 (moderate inequality).