Wells Branch, TX

Average · 108

Texas · Population 14,156 · Updated March 2026

$1,450
Median Rent / Month
$64,345
Median Income
$368,500
Median Home Value
$1,509
Owner Costs / Month

Affordability

How far your income goes in Wells Branch

27.0%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$17,400
Annual Rent
$0
State Income Tax
$5,896
Property Tax (est.)

Cost of Living Overview

Wells Branch is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 108 (where 100 equals the national median), Wells Branch residents can expect to pay median rent of $1,450/month while earning a median household income of $64,345/year.

The median home value in Wells Branch, TX is $368,500, with typical monthly owner costs around $1,509 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.0%, Wells Branch falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Wells Branch.

Frequently Asked Questions

Common questions about living costs in Wells Branch

What is the cost of living in Wells Branch, TX?
The cost of living index in Wells Branch, TX is 108 (US average = 100). Median monthly rent is $1,450, median household income is $64,345/year, and the median home value is $368,500.
Is Wells Branch, TX affordable?
No, Wells Branch is more expensive than the national average with a cost index of 108. The rent-to-income ratio is 27.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wells Branch, TX?
The median gross rent in Wells Branch, TX is $1,450 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,400.
What is the median household income in Wells Branch?
The median household income in Wells Branch, TX is $64,345 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.