Can you afford to live in Dallas?

Median household income, home values and rent in Dallas, TX — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Dallas.

Median household income: $67,760 — +54.8% since 2015 (not adjusted for inflation)

Median gross rent: $1,403/mo — +62.6% since 2015

Median home value, 2015 to 2023

• 2015: 135400
• 2023: 295300

Median household income

• Dallas: 67760
• Dallas County: 74149
• TX: 76292
• U.S.: 78538

Median gross rent

• Dallas: 1403
• Dallas County: 1469
• TX: 1339
• U.S.: 1348

Share of income a typical renter spends on rent: 30.3% — U.S.: 30.2%

What it means

The typical household here earns $67,760 — notably lower than the national figure of $78,538.

The typical renter here spends 30.3% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+62.6% versus +54.8%), before adjusting for inflation.