Cost of Living in Flower Mound, TX

Population 77,886 · Texas · Data vintage 2023

169
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Flower Mound lands reasonably close to national benchmarks on most cost indicators, with a median home value of $514,000 — 69% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Texas.

Located 8 miles west of Lewisville, Flower Mound falls within that metro's commuting orbit. Median home values run roughly 47% higher than Lewisville's $350,000.

Cost Overview

Housing 169
Rent 169

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

About the Cost of Living in Flower Mound

The median home value in Flower Mound is $514,100 — 69% above the national median of $305,000. Median rent runs $2,221/month, 69% higher than the national median of $1,314/month. The median household income of $157,737/year is 112% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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 76.7°F and lows of 56.5°F, with about 1.6" of annual snowfall. Overall, Flower Mound has a cost of living index of 169 versus the US average of 100, meaning it is 69% more expensive.

🏠 Housing

Median Home Value
$514,100
69% above avg
Zillow Home Value
$601,187
Zillow ZHVI
Median Rent
$2,221/mo
69% above avg
Zillow Rent
$2,295/mo
Zillow ZORI
Price-to-Rent Ratio
19.3x
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 82.3%
Renter-occupied 17.7%

💰 Estimated Monthly Budget

Rent median rent
$2,221
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,835/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
27.7 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
27.2%

Commute Mode

Drove alone
65.5%
Carpooled
5.0%
Public transit
0.0%
Walked
0.8%
Work from home
27.2%

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
$157,737
112% above avg
Per Capita Income
$68,823
Unemployment Rate
3.2%
33% below avg
Poverty Rate
4.0%
Labor Force Participation
71.1%

🎓 Education

Bachelor's degree+ 42.6%
Graduate degree 21.7%

👥 Demographics

Median Age 43
Male median age 42.5
Female median age 43.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.7°F
Avg Low
56.5°F
Annual Precip
37"
Annual Snowfall
1.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576169768492969689786758
Low °F 364048556572767669574638
Precip" 2.532.763.303.224.783.702.082.182.724.372.532.84
Snow" 0.11.00.30.00.00.00.00.00.00.00.00.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
54.8%
Good air days/yr
177
Max AQI recorded
116
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in Flower Mound, TX?

Flower Mound has a cost index of 169 (100 = national average). It is 69% above the national average.

What is average rent in Flower Mound, TX?

The median gross rent in Flower Mound is $2,221 per month based on 2023 Census data.

What is the average home price in Flower Mound?

The median home value in Flower Mound is $514,100 according to Zillow and Census data.

What is the median income in Flower Mound?

The median household income in Flower Mound is $157,737 per year (2023 ACS 5-year estimates).

What is the sales tax in Flower Mound, TX?

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

Is Flower Mound, TX affordable?

Flower Mound is above average in cost of living, with an index of 169 — about 69% higher than the national average.

What is the weather like in Flower Mound?

Flower Mound has average high temperatures of 76.7°F and average lows of 56.5°F. Annual precipitation is 37". Average annual snowfall is 1.6". Data from NOAA 1991–2020 Climate Normals.

Flower Mound at a Glance

Population
77,886
Median Income
$157,737
Home Value
$514,100
Median Rent
$2,221/mo
Unemployment
3.2%
Avg High Temp
76.7°F
Sales Tax
8.2%
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