Texas · Population 10,630 · Updated March 2026
State-level tax rates that affect your costs
Cost of living data for Fair Oaks Ranch is based on available Census estimates. With a cost index of N/A (where 100 equals the national median), Fair Oaks Ranch residents can expect to pay median rent of N/A/month while earning a median household income of $168,309/year.
The median home value in Fair Oaks Ranch, TX is $612,700, with typical monthly owner costs around $2,621 including mortgage, insurance, and taxes.
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 Fair Oaks Ranch.
Common questions about living costs in Fair Oaks Ranch