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Highland Park, 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
314
Very Expensive
Median Home Value
$1,887,300
National: $426,735
Median Rent
$2,216/mo
National: $1,527/mo
Household Income
$250,001
National: $84,532
Population
8,774
Purchasing Power
94
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
442 / 100
100 = national average
Rent Index
145 / 100
Overall Index
314
Very Expensive

Highland Park Mortgage Calculator

Pre-filled with the local median home value of $1,887,300 and Texas's property tax rate of 1.6%.

Salary & Purchasing Power

Median household income is $250,001 196% above the national average.

What $250,001 in Highland Park Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$120,223-52%
Los Angeles, CA$135,351-46%

Property Tax in Highland Park, TX

Est. Annual Property Tax
$30,197
Monthly Impact
$2,516
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 Highland Park to Another City

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Cost of Living Comparison

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Highland Park, TX
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Highland Park, TX: 442
Rent Prices
145
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