Cost of Living in Meadows Place, TX

Population 4,689 · Texas · Data vintage 2023

91
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Meadows Place 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 5 miles northeast of Sugar Land, Meadows Place falls within that metro's commuting orbit. Median home values run roughly 37% lower than Sugar Land's $407,000.

Cost Overview

Housing 84
Rent 101

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

About the Cost of Living in Meadows Place

The median home value in Meadows Place is $256,000 — 16% below the national median of $305,000. Median rent runs $1,324/month, 1% higher than the national median of $1,314/month. The median household income of $92,736/year is 24% higher than the US median of $74,580. The local unemployment rate is 3.5%, 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 80.7°F and lows of 61.4°F. Overall, Meadows Place has a cost of living index of 91 versus the US average of 100, meaning it is 9% less expensive.

🏠 Housing

Median Home Value
$256,000
16% below avg
Zillow Home Value
$495,164
Zillow ZHVI
Median Rent
$1,324/mo
1% above avg
Price-to-Rent Ratio
16.1x
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 75.8%
Renter-occupied 24.2%

💰 Estimated Monthly Budget

Rent median rent
$1,324
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,938/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
28.0 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.3%

Commute Mode

Drove alone
79.8%
Carpooled
5.7%
Public transit
0.4%
Work from home
13.3%

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
$92,736
24% above avg
Per Capita Income
$43,385
Unemployment Rate
3.5%
28% below avg
Poverty Rate
7.4%
Labor Force Participation
67.2%

🎓 Education

Bachelor's degree+ 35.0%
Graduate degree 11.5%

👥 Demographics

Median Age 47
Male median age 42.4
Female median age 53

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
80.7°F
Avg Low
61.4°F
Annual Precip
49.7"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 646874808792959490837467
Low °F 455055606974767672625346
Precip" 3.632.833.494.265.244.224.165.274.424.653.783.76

Frequently Asked Questions

What is the cost of living in Meadows Place, TX?

Meadows Place has a cost index of 91 (100 = national average). It is 9% below the national average.

What is average rent in Meadows Place, TX?

The median gross rent in Meadows Place is $1,324 per month based on 2023 Census data.

What is the average home price in Meadows Place?

The median home value in Meadows Place is $256,000 according to Zillow and Census data.

What is the median income in Meadows Place?

The median household income in Meadows Place is $92,736 per year (2023 ACS 5-year estimates).

What is the sales tax in Meadows Place, TX?

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

Is Meadows Place, TX affordable?

Meadows Place is near the national average in terms of cost of living, with an index of 91 (100 = US average).

What is the weather like in Meadows Place?

Meadows Place has average high temperatures of 80.7°F and average lows of 61.4°F. Annual precipitation is 49.7". Data from NOAA 1991–2020 Climate Normals.

Meadows Place at a Glance

Population
4,689
Median Income
$92,736
Home Value
$256,000
Median Rent
$1,324/mo
Unemployment
3.5%
Avg High Temp
80.7°F
Sales Tax
8.2%
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Explore county-level cost of living data

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