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Cost of Living in Tarrant County, TX

Population 2,167,390 · Census ACS 2020–2024 5-year estimates

Median rent$1,547
Median home value$323,900
Median household income$84,207

The median rent in Tarrant County, TX is $1,547/month, 10% higher than the Texas median and 9% higher than the U.S. median. The median home value is $323,900, 3% lower than the national median. Households earn a median of $84,207 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 22.0%
Income needed for median rent (30% rule): $61,880/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,638/mo

Run your own numbers: mortgage calculator · hourly to salary

Tarrant County vs. Texas vs. U.S.

Tarrant CountyTexasU.S.
Median rent$1,547$1,403$1,413
Median home value$323,900$283,800$332,700
Median household income$84,207$78,476$80,734
Homeownership rate59.3%62.6%65.2%
Bachelor's degree or higher34.8%33.8%35.7%
Poverty rate11.1%13.8%12.5%
Unemployment rate4.7%5.3%5.2%
Work from home14.8%14.4%15.1%
Median age35.235.638.9

FAQ

What is the average rent in Tarrant County, TX?

The median gross rent in Tarrant County, TX is $1,547 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $61,880 a year in gross income.

Is Tarrant County, TX expensive to live in?

Rent there is 9% higher than the U.S. median, and the median home costs about 3.8 times the median household income.

Other counties in Texas

Harris County, TXRent $1,401 · Income $74,983Dallas County, TXRent $1,565 · Income $76,547Bexar 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

Martin County, FLRent $1,569 · Income $82,943Douglas County, GARent $1,570 · Income $82,984San Juan County, WARent $1,512 · Income $84,800Whatcom County, WARent $1,555 · Income $81,784Prince George County, VARent $1,594 · Income $84,897Plaquemines Parish, LARent $1,573 · Income $86,315

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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