Texas
Wage: $57,300 ($27.55/hr)
Home Price: $294,566
Rent: $1,441/mo
Overview
Overview of Texas
Homes in Texas are priced near the national average at $294,566, and a dollar has a typical buying power ($103.50 value). Texas has a high property crime rate of 23 incidents per 1,000 people.
Curious what your salary would look like after taxes in Texas? Try our free tax calculators.
Compared to the national average, Texas the difference in median home prices is -15.31% – positive being higher than the national average, negative being lower. The difference in the value of $100 is 0.19% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is -9.86% and property crime is 21.59%.
Counties
Harris, Dallas, Tarrant
Zip Codes
77002, 78201, 75231
Popular Metro Area
Dallas-Fort Worth
Most Populated City
Houston
Median Home Price
$294,566
Value of $100
$103.5
Average Monthly Rent
$1,441
Property Crime Per 1000
23
Cost of Living
Cost of Living in Texas
The average monthly cost of living expenses in Texas including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$423.90
Energy Bill
$132.40
Monthly Water Bill
$37
Monthly Internet
$30
Natural Gas (Utilities)
$61
Monthly Phone Bill
$114
Streaming Services
$49.50
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Crime
Crime in Texas
Typical crime rates in Texas including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
29,145,505
Crime Rate Per 100k Residents
4936.54
Violent Crime Per 100k Residents
446.46
Non-Violent Crime Per 100k Residents
4490.075
Jobs
Jobs in Texas
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
2.18
Unemployment Rate (%)
3.93
Job Openings Level
1,378,000
Annual Average Wage
$57,300
Hourly Average Wage
$27.55
Labor Force Participation (%)
64.7
Taxes
Taxes in Texas
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
6%
Average Local Sales Tax
2%
Combined Sales Tax Rate
8%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.
