Fresno, TX

Above Avg · 119

Texas · Population 24,087 · Updated March 2026

$2,131
Median Rent / Month
$89,442
Median Income
$230,400
Median Home Value
$1,860
Owner Costs / Month

Affordability

How far your income goes in Fresno

28.6%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$25,572
Annual Rent
$0
State Income Tax
$3,686
Property Tax (est.)

Cost of Living Overview

Fresno is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 119 (where 100 equals the national median), Fresno residents can expect to pay median rent of $2,131/month while earning a median household income of $89,442/year.

The median home value in Fresno, TX is $230,400, with typical monthly owner costs around $1,860 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.6%, Fresno falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Fresno.

Frequently Asked Questions

Common questions about living costs in Fresno

What is the cost of living in Fresno, TX?
The cost of living index in Fresno, TX is 119 (US average = 100). Median monthly rent is $2,131, median household income is $89,442/year, and the median home value is $230,400.
Is Fresno, TX affordable?
No, Fresno is more expensive than the national average with a cost index of 119. The rent-to-income ratio is 28.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fresno, TX?
The median gross rent in Fresno, TX is $2,131 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $25,572.
What is the median household income in Fresno?
The median household income in Fresno, TX is $89,442 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.