Texas · Population 255,036 · Updated March 2026
How far your income goes in Irving
State-level tax rates that affect your costs
Irving has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 102 (where 100 equals the national median), Irving residents can expect to pay median rent of $1,517/month while earning a median household income of $79,641/year.
The median home value in Irving, TX is $287,300, with typical monthly owner costs around $1,521 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.9% 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 Irving.
Common questions about living costs in Irving
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