MyNeighborhood

Can you afford to live in DENTON?

Median household income, home values and rent in DENTON, 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 DENTON.

Median household income: $73,719 — +50.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,344/mo — +50.3% since 2015

Median home value, 2015 to 2023

  • 2015: 154300
  • 2023: 325700

Median household income

  • DENTON: 73719
  • Denton County: 108185
  • TX: 76292
  • U.S.: 78538

Median gross rent

  • DENTON: 1344
  • Denton County: 1642
  • TX: 1339
  • U.S.: 1348

Share of income a typical renter spends on rent: 34.9% — U.S.: 30.2%

What it means

The typical household here earns $73,719 — slightly lower than the national figure of $78,538.

The typical renter here spends 34.9% 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 (+50.3% versus +50.1%), before adjusting for inflation.

Sources

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