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Cost of Living in Mansfield, TX

Population 77,510 · Census ACS 2020–2024 5-year estimates

Median rent$1,954
Median home value$410,700
Median household income$121,126

The median rent in Mansfield, TX is $1,954/month, 39% higher than the Texas median and 38% higher than the U.S. median. The median home value is $410,700, 23% higher than the national median. Households earn a median of $121,126 a year, 54% higher than the state median.

Affordability

Rent as a share of median income: 19.4%
Income needed for median rent (30% rule): $78,160/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,077/mo

Run your own numbers: mortgage calculator · hourly to salary

Mansfield vs. Texas vs. U.S.

MansfieldTexasU.S.
Median rent$1,954$1,403$1,413
Median home value$410,700$283,800$332,700
Median household income$121,126$78,476$80,734
Homeownership rate71.5%62.6%65.2%
Bachelor's degree or higher42.5%33.8%35.7%
Poverty rate5.8%13.8%12.5%
Unemployment rate3.9%5.3%5.2%
Work from home15.4%14.4%15.1%
Median age36.435.638.9

FAQ

What is the average rent in Mansfield, TX?

The median gross rent in Mansfield, TX is $1,954 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Mansfield, TX?

Using the common 30% rule, renting a median-priced home takes about $78,160 a year in gross income.

Is Mansfield, TX expensive to live in?

Rent there is 38% higher than the U.S. median, and the median home costs about 3.4 times the median household income.

Other cities in Texas

Houston, TXRent $1,361 · Income $64,813San Antonio, TXRent $1,324 · Income $65,056Dallas, TXRent $1,472 · Income $70,518Austin, TXRent $1,729 · Income $93,658Fort Worth, TXRent $1,509 · Income $79,507El Paso, TXRent $1,073 · Income $59,745

Cities with a similar cost of living

Cherry Hill, VARent $1,931 · Income $122,447Franklin, TNRent $1,923 · Income $119,528Vernon Hills, ILRent $1,903 · Income $121,943Oviedo, FLRent $1,955 · Income $117,070Edmonds, WARent $1,903 · Income $122,449Braintree Town, MARent $2,024 · Income $122,214

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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