What Salary Do You Need to Live in Dallas, TX?

To live comfortably in Dallas, a household needs to earn roughly $70,000/year. That's about $5,833/month before taxes.

The Number: $70,000/year

At $70,000 per year, a household in Dallas can afford median-priced rental housing at roughly 28% of gross income.

This is based on Dallas's median monthly rent of $1,599 and the 28% housing guideline. Source: Census ACS 2024.

Dallas at a Glance

Median rent$1,599/mo
Median home price$340,400
Median household income$74,323
State income taxNone
Sales tax8.25%

Sources: Census ACS 2024, Tax Foundation.

For Single Residents

A single person can live comfortably in Dallas on roughly $45,000/year. That's about $3,750/month before taxes.

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Note: Salary estimates are based on the 28% housing guideline applied to median rents from Census ACS 2024. Individual circumstances vary. Full disclaimer.

Salary Questions About Dallas

The median monthly rent is $1,599. Using the 30% guideline, you need about $64,000/year to afford this comfortably.

The median home price is $340,400. With a 20% down payment, you would need roughly $68,080 saved and a household income to support the mortgage payments.

The median household income is $74,323/year. Our recommended salary of $70,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.