Grand Prairie appears moderately affordable relative to its income and housing costs. With a median household income of $81,619, the median gross rent of $1,629 represents about 24% of monthly income, which is within a commonly cited affordability threshold. However, the uniform non-housing calculator baseline of $1,250 per month (a model assumption, not local data) suggests additional monthly expenses beyond housing. Actual affordability depends on individual circumstances and non-housing costs not captured in citywide averages.
Grand Prairie at a glance
What the default budget models
A one-person renting household begins with a modeled annual core-cost baseline of $34,548. It combines the ACS median gross-rent estimate with a uniform $1,250 monthly non-housing baseline. State income tax is excluded until a current official reference is approved; the calculator labels that limitation instead of guessing.
| 2024 ACS population estimate | 201,883 |
| 2024 ACS median household income | $81,619 |
| 2024 ACS median gross rent | $1,629 |
| 2024 ACS median owner-occupied home value | $295,500 |
| Derived one-way commute estimate | 30 minutes |
| State-tax treatment | Excluded — official reference pending |
| Rent-to-income reference | 24% |
The trade-off
Relative strength: Median rent is 24% of median income.. Watch closely: lower home values may reflect longer commutes or fewer amenities..
Compare Grand Prairie
Frequently asked questions
Is Grand Prairie Texas affordable to live in?
Based on 2024 ACS data, Grand Prairie's median gross rent of $1,629 is about 24% of the median household income of $81,619, suggesting housing costs are within a typical affordability range. However, this does not account for transportation, healthcare, or other expenses, which vary by household.
What is the median home value in Grand Prairie Texas?
The 2024 ACS 5-year estimate for median owner-occupied home value in Grand Prairie, Texas (GEO_ID 1600000US4830464) is $295,500. This reflects the midpoint of home values across the city and does not indicate prices in specific neighborhoods or current market listings.
Source ledger
Every production input below is retained with its publisher and dataset. The ACS figures are five-year estimates, not live listings or guarantees.
- PopulationU.S. Census Bureau · 2024 ACS 5-Year B01003
- Median household incomeU.S. Census Bureau · 2024 ACS 5-Year B19013
- Median gross rentU.S. Census Bureau · 2024 ACS 5-Year B25064
- Median owner-occupied home valueU.S. Census Bureau · 2024 ACS 5-Year B25077
- Commute-time distributionU.S. Census Bureau · 2024 ACS 5-Year B08303
Interpretation: The ACS 2024 five-year estimates generally summarize observations across 2020–2024. The commute number is a weighted midpoint estimate from table B08303. State income tax is not included in the modeled take-home result. Verify a current address, quote, commute, and tax situation before making a decision.