Converse, TX

Average · 99

Texas · Population 28,764 · Updated March 2026

$1,601
Median Rent / Month
$88,060
Median Income
$240,100
Median Home Value
$1,518
Owner Costs / Month

Affordability

How far your income goes in Converse

21.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Texas

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.6%
Property Tax Rate

Estimated Annual Costs

$19,212
Annual Rent
$0
State Income Tax
$3,842
Property Tax (est.)

Cost of Living Overview

Converse has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 99 (where 100 equals the national median), Converse residents can expect to pay median rent of $1,601/month while earning a median household income of $88,060/year.

The median home value in Converse, TX is $240,100, with typical monthly owner costs around $1,518 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.8% 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 Converse.

Frequently Asked Questions

Common questions about living costs in Converse

What is the cost of living in Converse, TX?
The cost of living index in Converse, TX is 99 (US average = 100). Median monthly rent is $1,601, median household income is $88,060/year, and the median home value is $240,100.
Is Converse, TX affordable?
Yes, Converse is more affordable than the national average with a cost index of 99. The rent-to-income ratio is 21.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Converse, TX?
The median gross rent in Converse, TX is $1,601 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,212.
What is the median household income in Converse?
The median household income in Converse, TX is $88,060 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Texas?
Texas has a top income tax rate of 0%, a sales tax of 6.25%, and an effective property tax rate of 1.6%. Notably, there is no state income tax.