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Cost of Living in Watauga, TX

Population 23,233 · Census ACS 2020–2024 5-year estimates

Median rent$1,982
Median home value$250,500
Median household income$91,171

The median rent in Watauga, TX is $1,982/month, 41% higher than the Texas median and 40% higher than the U.S. median. The median home value is $250,500, 25% lower than the national median. Households earn a median of $91,171 a year, 16% higher than the state median.

Affordability

Rent as a share of median income: 26.1%
Income needed for median rent (30% rule): $79,280/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,267/mo

Run your own numbers: mortgage calculator · hourly to salary

Watauga vs. Texas vs. U.S.

WataugaTexasU.S.
Median rent$1,982$1,403$1,413
Median home value$250,500$283,800$332,700
Median household income$91,171$78,476$80,734
Homeownership rate78.0%62.6%65.2%
Bachelor's degree or higher24.2%33.8%35.7%
Poverty rate11.3%13.8%12.5%
Unemployment rate5.1%5.3%5.2%
Work from home16.2%14.4%15.1%
Median age36.235.638.9

FAQ

What is the average rent in Watauga, TX?

The median gross rent in Watauga, TX is $1,982 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $79,280 a year in gross income.

Is Watauga, TX expensive to live in?

Rent there is 40% higher than the U.S. median, and the median home costs about 2.7 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

El Paso de Robles (Paso Robles), CARent $1,981 · Income $92,228Salinas, CARent $1,991 · Income $91,908Cutler Bay, FLRent $1,978 · Income $89,244Garden Grove, CARent $2,012 · Income $92,174Downey, CARent $1,937 · Income $90,699Port Chester, NYRent $2,028 · Income $92,222

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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