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Galveston, TX

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
75
Affordable
Median Home Value
$294,300
National: $426,735
Median Rent
$1,278/mo
National: $1,527/mo
Household Income
$57,216
National: $84,532
Population
53,348
Purchasing Power
90
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
69 / 100
100 = national average
Rent Index
84 / 100
Overall Index
75
Affordable

Galveston Mortgage Calculator

Pre-filled with the local median home value of $294,300 and Texas's property tax rate of 1.6%.

Salary & Purchasing Power

Median household income is $57,216 32% below the national average.

What $57,216 in Galveston Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$115,195+101%
Los Angeles, CA$129,690+127%
Houston, TX$54,164-5%
Philadelphia, PA$51,876-9%

Property Tax in Galveston, TX

Est. Annual Property Tax
$4,709
Monthly Impact
$392
Added to your mortgage
Effective Rate
1.60%
National avg: ~1.00%

Texas Tax Overview

Tax TypeTexasNational Avg
Property Tax Rate1.60%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax8.19%~5.0%

Compare Galveston to Another City

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Cost of Living Comparison

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Galveston, TX
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Galveston, TX: 69
Rent Prices
84
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR