Cost of Living in Irving, TX
Population: 255,036 • 2026 Data
$79,641
Median Household Income
+3% vs national
$1,517
Median Monthly Rent
+13% vs national
$287,300
Median Home Value
-15% vs national
4.3%
Unemployment Rate
Housing in Irving
The median home value in Irving, TX is $287,300. Monthly rent for a typical unit averages $1,517, while total monthly housing costs (including utilities and insurance) average $1,521.
Rent-to-income ratio: 22.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Irving, TX is $79,641. The unemployment rate stands at 4.3%, with a labor force of 140,670 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.