Cost of Living in Parker County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Parker County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Parker County, Texas
Parker's affluence offsets higher rents
Parker County renters spend 16.9% of income on housing despite $1,440 monthly rent—beaten only by their exceptional median income of $102,099. This Dallas-Fort Worth exurb shows how high earnings can sustain elevated housing costs while maintaining affordability ratios.
Affluent county with strong affordability
Parker's 16.9% rent-to-income ratio beats Texas's 18.1% average, despite housing costs 50% above the state median. Its median household income of $102,099—the highest among these eight counties—explains the paradox of expensive housing yet solid affordability.
Priciest rents, but highest incomes
Parker's $1,440 rent is the highest of any county surveyed, yet its 16.9% burden remains competitive because median income ($102,099) far exceeds peers. Homeowners pay $1,665 monthly—reflecting median home values of $343,600, the region's most expensive.
High incomes sustain premium housing
Parker County's $102,099 median household income means $1,440 rent represents only 16.9% of gross income—quite reasonable given the county's affluence. Homeowners dedicate $1,665 monthly to ownership costs on homes averaging $343,600, reflecting Dallas-Fort Worth's booming residential market.
Premium suburban living near Dallas
Parker County suits high-earning households seeking exurban Dallas-Fort Worth access; its 16.9% rent ratio justifies costs for six-figure earners. If your household income exceeds $90,000 and you value suburban amenities over affordability, Parker's newer housing stock and strong schools merit serious consideration.
Affordability Calculator
See how your income compares to housing costs in Parker County
Rent Burden
16.9%
of gross income
Max Housing (28% Rule)
$2,382
per month
Owner Cost Burden
19.6%
of gross income
The median home in Parker County may be a stretch
Median home value is $343,600. Estimated monthly cost: $2,743 vs. your max of $2,382.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Parker County, Texas?
What is the median rent in Parker County?
Is Parker County affordable?
How does Parker County's rent compare to the state average?
What is the median home value in Parker County?
Planning a Move?
Researching the cost of living in Parker County, Texas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Parker County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.