Midlothian, TX

Very High · 131

Texas · Population 37,256 · Updated March 2026

$1,867
Median Rent / Month
$122,643
Median Income
$369,400
Median Home Value
$2,097
Owner Costs / Month

Affordability

How far your income goes in Midlothian

18.3%
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

$22,404
Annual Rent
$0
State Income Tax
$5,910
Property Tax (est.)

Cost of Living Overview

Midlothian has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 131 (where 100 equals the national median), Midlothian residents can expect to pay median rent of $1,867/month while earning a median household income of $122,643/year.

The median home value in Midlothian, TX is $369,400, with typical monthly owner costs around $2,097 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.3% 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 Midlothian.

Frequently Asked Questions

Common questions about living costs in Midlothian

What is the cost of living in Midlothian, TX?
The cost of living index in Midlothian, TX is 131 (US average = 100). Median monthly rent is $1,867, median household income is $122,643/year, and the median home value is $369,400.
Is Midlothian, TX affordable?
No, Midlothian is more expensive than the national average with a cost index of 131. The rent-to-income ratio is 18.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Midlothian, TX?
The median gross rent in Midlothian, TX is $1,867 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,404.
What is the median household income in Midlothian?
The median household income in Midlothian, TX is $122,643 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.