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Cost of Living in Dallas County, TX

Population 2,621,179 · Census ACS 2020–2024 5-year estimates

Median rent$1,565
Median home value$303,000
Median household income$76,547

The median rent in Dallas County, TX is $1,565/month, 12% higher than the Texas median and 11% higher than the U.S. median. The median home value is $303,000, 9% lower than the national median. Households earn a median of $76,547 a year, 2% lower than the state median.

Affordability

Rent as a share of median income: 24.5%
Income needed for median rent (30% rule): $62,600/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,532/mo

Run your own numbers: mortgage calculator · hourly to salary

Dallas County vs. Texas vs. U.S.

Dallas CountyTexasU.S.
Median rent$1,565$1,403$1,413
Median home value$303,000$283,800$332,700
Median household income$76,547$78,476$80,734
Homeownership rate50.8%62.6%65.2%
Bachelor's degree or higher35.7%33.8%35.7%
Poverty rate13.9%13.8%12.5%
Unemployment rate5.0%5.3%5.2%
Work from home15.7%14.4%15.1%
Median age34.135.638.9

FAQ

What is the average rent in Dallas County, TX?

The median gross rent in Dallas County, TX is $1,565 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $62,600 a year in gross income.

Is Dallas County, TX expensive to live in?

Rent there is 11% higher than the U.S. median, and the median home costs about 4.0 times the median household income.

Other counties in Texas

Harris County, TXRent $1,401 · Income $74,983Tarrant County, TXRent $1,547 · Income $84,207Bexar County, TXRent $1,354 · Income $72,341Travis County, TXRent $1,744 · Income $99,611Collin County, TXRent $1,859 · Income $121,600Denton County, TXRent $1,728 · Income $111,498

Counties with a similar cost of living

Davidson County, TNRent $1,582 · Income $77,853Brevard County, FLRent $1,556 · Income $78,476Rockdale County, GARent $1,525 · Income $77,247Charlottesville city, VARent $1,540 · Income $74,824Clark County, NVRent $1,626 · Income $76,472Washington County, UTRent $1,566 · Income $80,632

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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