Texas · Population 128,313 · Updated March 2026
How far your income goes in Lewisville
State-level tax rates that affect your costs
Lewisville is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 112 (where 100 equals the national median), Lewisville residents can expect to pay median rent of $1,572/month while earning a median household income of $85,002/year.
The median home value in Lewisville, TX is $350,200, with typical monthly owner costs around $1,631 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.2% 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 Lewisville.
Common questions about living costs in Lewisville
Similar-sized cities to compare
Compare the cost of living in Lewisville, TX with 299 other major U.S. cities