[acdha]

Yes, those employees will be paying even higher property taxes because their homes will cost more than the U.S. median, which will further lower the benefits of moving to Texas for them.

They use the national 75th percentile household income of $75k, while more local figures have LA at $76k, Austin at 89k, Dallas at $65k, and the Bay Area at $126k so it’s going to under-weight the income tax savings for SF more than anyone else.

Tesla’s median employee earns $45k since they have a lot of manufacturing jobs. SpaceX and X appear to have medians in the low $100k range which gives a household a California income tax rate around 8% or, for a working couple, something like a $16-20k versus the higher local taxes in Texas. Again, likely a modest savings but it’s not transformative the way it is for their boss whose income has 3+ extra zeros on the end.