Texas Living Report — July 09, 2026

As the second-largest state in the US by both population and land area, Texas boasts an impressive 29,243,342 residents, offering a unique blend of urban and rural living experiences. For those considering relocating to the Lone Star State, understanding the cost of living is essential. The median rent for a one-bedroom apartment is $1,251 per month, while the median home value sits at $238,000. These numbers suggest that Texas offers a relatively affordable housing market compared to other states, making it an attractive option for families, retirees, and remote workers alike.

The job market in Texas is also a significant draw, with a median household income of $73,035 per year and an unemployment rate of 4.3% as of May 2026. This is lower than the national average, indicating a strong economy with plenty of opportunities for employment. The state’s diverse industries, including technology, healthcare, and energy, contribute to its economic stability. With a median age of 35.2, Texas attracts a wide range of individuals, from young professionals to families and retirees, all looking to take advantage of the state’s business-friendly environment and high quality of life.

In terms of affordability, it’s worth examining how housing costs stack up against income. Assuming a median household income of $73,035 per year, or approximately $6,086 per month, the median one-bedroom rent of $1,251 per month would account for around 20.5% of the average person’s monthly income. This is relatively in line with the general rule of thumb that housing costs should not exceed 30% of income, making Texas a relatively affordable choice for renters. However, it’s essential to consider other expenses, such as food, transportation, and utilities, when evaluating the overall cost of living.

Texas’s poverty rate of 13.6% is a concern, but the state’s overall quality of life and economic opportunities make it an attractive destination for many. Finklick tracks data for 1 city in Texas, providing valuable insights for those looking to relocate. With its warm climate, vibrant culture, and endless outdoor recreational activities, Texas has something to offer everyone. Whether you’re a family looking for a safe and affordable place to raise children, a retiree seeking a relaxing environment, or a remote worker in need of a thriving community, Texas is definitely worth considering.

Looking ahead, Texas is poised for continued growth and development. With its strong economy, diverse industries, and high quality of life, the state is likely to remain a popular destination for people from all over the country. As the population continues to grow, it will be interesting to see how Texas evolves and adapts to the changing needs of its residents. One thing is certain – with its unique blend of urban and rural charm, Texas is an exciting place to call home, and its outlook for the future is bright.

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Browse utility costs, housing data, Census demographics, and climate data for all 1 tracked cities in Texas.

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Data: US Census Bureau ACS 2022, BLS. Updated July 09, 2026.