Cost of Living in Dallas, TX
Population: 1,299,553 • 2026 Data
$67,760
Median Household Income
-12% vs national
$1,403
Median Monthly Rent
+4% vs national
$295,300
Median Home Value
-13% vs national
4.9%
Unemployment Rate
Housing in Dallas
The median home value in Dallas, TX is $295,300. Monthly rent for a typical unit averages $1,403, while total monthly housing costs (including utilities and insurance) average $1,409.
Rent-to-income ratio: 24.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Dallas, TX is $67,760. The unemployment rate stands at 4.9%, with a labor force of 701,693 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.