Steiner Ranch, TX

Very High · 183

Texas · Population 18,683 · Updated March 2026

$1,880
Median Rent / Month
$195,181
Median Income
$723,500
Median Home Value
$2,832
Owner Costs / Month

Affordability

How far your income goes in Steiner Ranch

11.6%
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

$22,560
Annual Rent
$0
State Income Tax
$11,576
Property Tax (est.)

Cost of Living Overview

Steiner Ranch has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 183 (where 100 equals the national median), Steiner Ranch residents can expect to pay median rent of $1,880/month while earning a median household income of $195,181/year.

The median home value in Steiner Ranch, TX is $723,500, with typical monthly owner costs around $2,832 including mortgage, insurance, and taxes. The median rent-to-income ratio of 11.6% 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 Steiner Ranch.

Frequently Asked Questions

Common questions about living costs in Steiner Ranch

What is the cost of living in Steiner Ranch, TX?
The cost of living index in Steiner Ranch, TX is 183 (US average = 100). Median monthly rent is $1,880, median household income is $195,181/year, and the median home value is $723,500.
Is Steiner Ranch, TX affordable?
No, Steiner Ranch is more expensive than the national average with a cost index of 183. The rent-to-income ratio is 11.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Steiner Ranch, TX?
The median gross rent in Steiner Ranch, TX is $1,880 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,560.
What is the median household income in Steiner Ranch?
The median household income in Steiner Ranch, TX is $195,181 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.