Carrollton, TX

Estimated Annual Costs

Carrollton is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 116 (where 100 equals the national median), Carrollton residents can expect to pay median rent of $1,674/month while earning a median household income of $99,115/year.

The median home value in Carrollton, TX is $353,600, with typical monthly owner costs around $1,689 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Carrollton.