Scenic Oaks, TX

Very High · 148

Texas · Population 10,727 · Updated March 2026

$1,604
Median Rent / Month
$178,125
Median Income
$531,900
Median Home Value
$2,523
Owner Costs / Month

Affordability

How far your income goes in Scenic Oaks

10.8%
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

$19,248
Annual Rent
$0
State Income Tax
$8,510
Property Tax (est.)

Cost of Living Overview

Scenic Oaks has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 148 (where 100 equals the national median), Scenic Oaks residents can expect to pay median rent of $1,604/month while earning a median household income of $178,125/year.

The median home value in Scenic Oaks, TX is $531,900, with typical monthly owner costs around $2,523 including mortgage, insurance, and taxes. The median rent-to-income ratio of 10.8% 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 Scenic Oaks.

Frequently Asked Questions

Common questions about living costs in Scenic Oaks

What is the cost of living in Scenic Oaks, TX?
The cost of living index in Scenic Oaks, TX is 148 (US average = 100). Median monthly rent is $1,604, median household income is $178,125/year, and the median home value is $531,900.
Is Scenic Oaks, TX affordable?
No, Scenic Oaks is more expensive than the national average with a cost index of 148. The rent-to-income ratio is 10.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Scenic Oaks, TX?
The median gross rent in Scenic Oaks, TX is $1,604 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,248.
What is the median household income in Scenic Oaks?
The median household income in Scenic Oaks, TX is $178,125 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.