Cost of Living in Lucas, TX

Population 8,040 · Texas · Data vintage 2023

223
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lucas's housing market reflects its status as a high-earning metro: $862,000 for a typical home, 182% above the US median, paired with household incomes around $178,403 that put it in the upper third of the state.

Located 5 miles east of Allen, Lucas falls within that metro's commuting orbit. Median home values run roughly 100% higher than Allen's $430,000.

Cost Overview

Housing 282
Rent 134

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

About the Cost of Living in Lucas

The median home value in Lucas is $861,500 — 182% above the national median of $305,000. Median rent runs $1,764/month, 34% higher than the national median of $1,314/month. The median household income of $178,403/year is 139% higher than the US median of $74,580. The local unemployment rate is 3.1%, 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 75.9°F and lows of 54.1°F. Overall, Lucas has a cost of living index of 223 versus the US average of 100, meaning it is 123% more expensive.

🏠 Housing

Median Home Value
$861,500
182% above avg
Zillow Home Value
$1,058,352
Zillow ZHVI
Median Rent
$1,764/mo
34% above avg
Price-to-Rent Ratio
40.7x
Favors renting
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 89.9%
Renter-occupied 10.1%

💰 Estimated Monthly Budget

Rent median rent
$1,764
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,378/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
31.1 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
30.8%

Commute Mode

Drove alone
66.4%
Carpooled
1.8%
Walked
0.3%
Work from home
30.8%

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
$178,403
139% above avg
Per Capita Income
$82,179
Unemployment Rate
3.1%
35% below avg
Poverty Rate
1.5%
Labor Force Participation
72.8%

🎓 Education

Bachelor's degree+ 40.9%
Graduate degree 22.6%

👥 Demographics

Median Age 46.8
Male median age 48.1
Female median age 45.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.9°F
Avg Low
54.1°F
Annual Precip
38.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566068758391959688786657
Low °F 343846536270747366544436
Precip" 2.702.573.513.584.773.581.961.732.814.413.193.49

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
73.3%
Good air days/yr
154
Max AQI recorded
0
PM2.5 days
356
Ozone days

Frequently Asked Questions

What is the cost of living in Lucas, TX?

Lucas has a cost index of 223 (100 = national average). It is 123% above the national average.

What is average rent in Lucas, TX?

The median gross rent in Lucas is $1,764 per month based on 2023 Census data.

What is the average home price in Lucas?

The median home value in Lucas is $861,500 according to Zillow and Census data.

What is the median income in Lucas?

The median household income in Lucas is $178,403 per year (2023 ACS 5-year estimates).

What is the sales tax in Lucas, TX?

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

Is Lucas, TX affordable?

Lucas is above average in cost of living, with an index of 223 — about 123% higher than the national average.

What is the weather like in Lucas?

Lucas has average high temperatures of 75.9°F and average lows of 54.1°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.

Lucas at a Glance

Population
8,040
Median Income
$178,403
Home Value
$861,500
Median Rent
$1,764/mo
Unemployment
3.1%
Avg High Temp
75.9°F
Sales Tax
8.2%
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Explore county-level cost of living data

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