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Cost of Living in Saginaw, TX

Population 24,970 · Census ACS 2020–2024 5-year estimates

Median rent$1,776
Median home value$298,500
Median household income$97,276

The median rent in Saginaw, TX is $1,776/month, 27% higher than the Texas median and 26% higher than the U.S. median. The median home value is $298,500, 10% lower than the national median. Households earn a median of $97,276 a year, 24% higher than the state median.

Affordability

Rent as a share of median income: 21.9%
Income needed for median rent (30% rule): $71,040/yr
Home price-to-income ratio: 3.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,509/mo

Run your own numbers: mortgage calculator · hourly to salary

Saginaw vs. Texas vs. U.S.

SaginawTexasU.S.
Median rent$1,776$1,403$1,413
Median home value$298,500$283,800$332,700
Median household income$97,276$78,476$80,734
Homeownership rate68.3%62.6%65.2%
Bachelor's degree or higher24.7%33.8%35.7%
Poverty rate5.6%13.8%12.5%
Unemployment rate4.6%5.3%5.2%
Work from home13.6%14.4%15.1%
Median age37.235.638.9

FAQ

What is the average rent in Saginaw, TX?

The median gross rent in Saginaw, TX is $1,776 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $71,040 a year in gross income.

Is Saginaw, TX expensive to live in?

Rent there is 26% higher than the U.S. median, and the median home costs about 3.1 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

Frederick, MDRent $1,764 · Income $97,069Auburn, WARent $1,786 · Income $97,884Kuna, IDRent $1,774 · Income $96,219Fallbrook, CARent $1,786 · Income $96,394Evanston, ILRent $1,762 · Income $96,434Jurupa Valley, CARent $1,741 · Income $97,550

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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