Cost of Living in River Oaks, TX

Population 7,516 · Texas · Data vintage 2023

77
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

River Oaks offers a notably favorable income-to-housing ratio for its region. The typical home — $203,000 — costs less than 3.1 times median household income of $65,582, a threshold many coastal markets passed a decade ago.

Located <5 miles west of Fort Worth, River Oaks falls within that metro's commuting orbit. Median home values run roughly 27% lower than Fort Worth's $277,000.

Cost Overview

Housing 66
Rent 93

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

About the Cost of Living in River Oaks

The median home value in River Oaks is $202,800 — 34% below the national median of $305,000. Median rent runs $1,220/month, 7% lower than the national median of $1,314/month. The median household income of $65,582/year is 12% lower than the US median of $74,580. The local unemployment rate is 4.0%, 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 78.2°F and lows of 57.4°F. Overall, River Oaks has a cost of living index of 77 versus the US average of 100, meaning it is 23% less expensive.

🏠 Housing

Median Home Value
$202,800
34% below avg
Zillow Home Value
$193,368
Zillow ZHVI
Median Rent
$1,220/mo
7% below avg
Price-to-Rent Ratio
13.9x
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 77.0%
Renter-occupied 22.9%

💰 Estimated Monthly Budget

Rent median rent
$1,220
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,834/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
30.8 min
14% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.7%

Commute Mode

Drove alone
66.2%
Carpooled
21.6%
Walked
0.6%
Work from home
7.7%

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
$65,582
12% below avg
Per Capita Income
$26,898
Unemployment Rate
4.0%
17% below avg
Poverty Rate
13.7%
Labor Force Participation
55.1%

🎓 Education

Bachelor's degree+ 11.8%
Graduate degree 3.8%

👥 Demographics

Median Age 35.5
Male median age 36.1
Female median age 35.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.2°F
Avg Low
57.4°F
Annual Precip
32.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596370788592979790796860
Low °F 374149566573777670584840
Precip" 1.892.053.242.533.614.242.001.802.583.872.562.20

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
27.1%
Good air days/yr
172
Max AQI recorded
239
PM2.5 days
122
Ozone days

Frequently Asked Questions

What is the cost of living in River Oaks, TX?

River Oaks has a cost index of 77 (100 = national average). It is 23% below the national average.

What is average rent in River Oaks, TX?

The median gross rent in River Oaks is $1,220 per month based on 2023 Census data.

What is the average home price in River Oaks?

The median home value in River Oaks is $202,800 according to Zillow and Census data.

What is the median income in River Oaks?

The median household income in River Oaks is $65,582 per year (2023 ACS 5-year estimates).

What is the sales tax in River Oaks, TX?

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

Is River Oaks, TX affordable?

Yes, River Oaks is generally considered affordable, with a cost of living index of 77 — about 23% below the US national average of 100.

What is the weather like in River Oaks?

River Oaks has average high temperatures of 78.2°F and average lows of 57.4°F. Annual precipitation is 32.6". Data from NOAA 1991–2020 Climate Normals.

River Oaks at a Glance

Population
7,516
Median Income
$65,582
Home Value
$202,800
Median Rent
$1,220/mo
Unemployment
4.0%
Avg High Temp
78.2°F
Sales Tax
8.2%
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