Cost of Living in Farmers Branch, TX

Population 36,254 · Texas · Data vintage 2023

119
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Farmers Branch lands reasonably close to national benchmarks on most cost indicators, with a median home value of $322,000 — 6% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Texas. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.

Geographically, Farmers Branch is part of the immediate Carrollton metro area. Median home values run roughly 9% lower than Carrollton's $354,000.

Cost Overview

Housing 106
Rent 139

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Farmers Branch

The median home value in Farmers Branch is $322,000 — 6% above the national median of $305,000. Median rent runs $1,820/month, 39% higher than the national median of $1,314/month. The median household income of $87,702/year is 18% higher than the US median of $74,580. The local unemployment rate is 2.6%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.9°F and lows of 58.1°F, with about 1.7" of annual snowfall. Overall, Farmers Branch has a cost of living index of 119 versus the US average of 100, meaning it is 19% more expensive.

🏠 Housing

Median Home Value
$322,000
6% above avg
Zillow Home Value
$371,267
Zillow ZHVI
Median Rent
$1,820/mo
39% above avg
Zillow Rent
$1,659/mo
Zillow ZORI
Price-to-Rent Ratio
14.7x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 46.1%
Renter-occupied 53.9%

💰 Estimated Monthly Budget

Rent median rent
$1,820
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,434/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.5 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.6%

Commute Mode

Drove alone
71.7%
Carpooled
7.0%
Public transit
0.6%
Walked
1.2%
Bicycle
0.0%
Work from home
17.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$87,702
18% above avg
Per Capita Income
$44,577
Unemployment Rate
2.6%
47% below avg
Poverty Rate
11.0%
Labor Force Participation
75.8%

🎓 Education

Bachelor's degree+ 31.2%
Graduate degree 17.1%

👥 Demographics

Median Age 33.5
Male median age 33.2
Female median age 33.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.9°F
Avg Low
58.1°F
Annual Precip
38.3"
Annual Snowfall
1.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586270778593979790806859
Low °F 384249576674787770594840
Precip" 2.592.783.453.154.573.831.712.193.104.792.933.23
Snow" 0.10.90.30.00.00.00.00.00.00.00.10.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
33.4%
Good air days/yr
172
Max AQI recorded
233
PM2.5 days
124
Ozone days

Frequently Asked Questions

What is the cost of living in Farmers Branch, TX?

Farmers Branch has a cost index of 119 (100 = national average). It is 19% above the national average.

What is average rent in Farmers Branch, TX?

The median gross rent in Farmers Branch is $1,820 per month based on 2023 Census data.

What is the average home price in Farmers Branch?

The median home value in Farmers Branch is $322,000 according to Zillow and Census data.

What is the median income in Farmers Branch?

The median household income in Farmers Branch is $87,702 per year (2023 ACS 5-year estimates).

What is the sales tax in Farmers Branch, TX?

The combined state and local sales tax rate in Farmers Branch is 8.2%. Texas has no state income tax.

Is Farmers Branch, TX affordable?

Farmers Branch is above average in cost of living, with an index of 119 — about 19% higher than the national average.

What is the weather like in Farmers Branch?

Farmers Branch has average high temperatures of 77.9°F and average lows of 58.1°F. Annual precipitation is 38.3". Average annual snowfall is 1.7". Data from NOAA 1991–2020 Climate Normals.

Farmers Branch at a Glance

Population
36,254
Median Income
$87,702
Home Value
$322,000
Median Rent
$1,820/mo
Unemployment
2.6%
Avg High Temp
77.9°F
Sales Tax
8.2%
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