Cost of Living in Granbury, TX

Population 11,665 · Texas · Data vintage 2023

97
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Granbury sits on the smaller end of the Texas city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 35 miles southwest of Fort Worth, Granbury falls within that metro's commuting orbit. Housing prices track closely with Fort Worth's $277,000 median.

Cost Overview

Housing 91
Rent 106

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

About the Cost of Living in Granbury

The median home value in Granbury is $278,700 — 9% below the national median of $305,000. Median rent runs $1,387/month, 6% higher than the national median of $1,314/month. The median household income of $68,839/year is 8% lower 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 77.5°F and lows of 52.8°F. Overall, Granbury has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.

🏠 Housing

Median Home Value
$278,700
9% below avg
Zillow Home Value
$368,488
Zillow ZHVI
Median Rent
$1,387/mo
6% above avg
Zillow Rent
$1,668/mo
Zillow ZORI
Price-to-Rent Ratio
16.7x
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 59.2%
Renter-occupied 40.8%

💰 Estimated Monthly Budget

Rent median rent
$1,387
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,001/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
31.7 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.7%

Commute Mode

Drove alone
87.3%
Carpooled
2.3%
Walked
0.5%
Work from home
9.7%

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
$68,839
8% below avg
Per Capita Income
$44,436
Unemployment Rate
3.2%
33% below avg
Poverty Rate
10.4%
Labor Force Participation
49.9%

🎓 Education

Bachelor's degree+ 22.1%
Graduate degree 8.3%

👥 Demographics

Median Age 50.1
Male median age 47.1
Female median age 52.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.5°F
Avg Low
52.8°F
Annual Precip
31.8"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586271788592969689796759
Low °F 333745526168717164534334
Precip" 1.592.192.982.634.003.552.132.492.663.282.411.89

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
80.1%
Good air days/yr
143
Max AQI recorded
0
PM2.5 days
361
Ozone days

Frequently Asked Questions

What is the cost of living in Granbury, TX?

Granbury has a cost index of 97 (100 = national average). It is 3% below the national average.

What is average rent in Granbury, TX?

The median gross rent in Granbury is $1,387 per month based on 2023 Census data.

What is the average home price in Granbury?

The median home value in Granbury is $278,700 according to Zillow and Census data.

What is the median income in Granbury?

The median household income in Granbury is $68,839 per year (2023 ACS 5-year estimates).

What is the sales tax in Granbury, TX?

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

Is Granbury, TX affordable?

Granbury is near the national average in terms of cost of living, with an index of 97 (100 = US average).

What is the weather like in Granbury?

Granbury has average high temperatures of 77.5°F and average lows of 52.8°F. Annual precipitation is 31.8". Data from NOAA 1991–2020 Climate Normals.

Granbury at a Glance

Population
11,665
Median Income
$68,839
Home Value
$278,700
Median Rent
$1,387/mo
Unemployment
3.2%
Avg High Temp
77.5°F
Sales Tax
8.2%
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Explore county-level cost of living data

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