Flower Mound, TX

Very High · 162

Texas · Population 77,886 · Updated March 2026

$2,221
Median Rent / Month
$157,737
Median Income
$514,100
Median Home Value
$2,387
Owner Costs / Month

Affordability

How far your income goes in Flower Mound

16.9%
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

$26,652
Annual Rent
$0
State Income Tax
$8,226
Property Tax (est.)

Cost of Living Overview

Flower Mound has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 162 (where 100 equals the national median), Flower Mound residents can expect to pay median rent of $2,221/month while earning a median household income of $157,737/year.

The median home value in Flower Mound, TX is $514,100, with typical monthly owner costs around $2,387 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.9% 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 Flower Mound.

Frequently Asked Questions

Common questions about living costs in Flower Mound

What is the cost of living in Flower Mound, TX?
The cost of living index in Flower Mound, TX is 162 (US average = 100). Median monthly rent is $2,221, median household income is $157,737/year, and the median home value is $514,100.
Is Flower Mound, TX affordable?
No, Flower Mound is more expensive than the national average with a cost index of 162. The rent-to-income ratio is 16.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Flower Mound, TX?
The median gross rent in Flower Mound, TX is $2,221 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,652.
What is the median household income in Flower Mound?
The median household income in Flower Mound, TX is $157,737 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.