Cost of Living in Balch Springs, TX
Population 27,255 · Census ACS 2020–2024 5-year estimates
The median rent in Balch Springs, TX is $1,378/month, about the same as the Texas median and 2% lower than the U.S. median. The median home value is $224,400, 33% lower than the national median. Households earn a median of $66,942 a year, 15% lower than the state median.
Affordability
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Balch Springs vs. Texas vs. U.S.
| Balch Springs | Texas | U.S. | |
|---|---|---|---|
| Median rent | $1,378 | $1,403 | $1,413 |
| Median home value | $224,400 | $283,800 | $332,700 |
| Median household income | $66,942 | $78,476 | $80,734 |
| Homeownership rate | 64.7% | 62.6% | 65.2% |
| Bachelor's degree or higher | 9.1% | 33.8% | 35.7% |
| Poverty rate | 7.1% | 13.8% | 12.5% |
| Unemployment rate | 8.3% | 5.3% | 5.2% |
| Work from home | 9.8% | 14.4% | 15.1% |
| Median age | 32.2 | 35.6 | 38.9 |
FAQ
What is the average rent in Balch Springs, TX?
The median gross rent in Balch Springs, TX is $1,378 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Balch Springs, TX?
Using the common 30% rule, renting a median-priced home takes about $55,120 a year in gross income.
Is Balch Springs, TX expensive to live in?
Rent there is 2% lower than the U.S. median, and the median home costs about 3.4 times the median household income.
Other cities in Texas
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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