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Homestead Meadows South, 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
40
Very Affordable
Median Home Value
$135,100
National: $426,735
Median Rent
$762/mo
National: $1,527/mo
Household Income
$60,571
National: $84,532
Population
7,687
Purchasing Power
179
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
32 / 100
100 = national average
Rent Index
50 / 100
Overall Index
40
Very Affordable

Homestead Meadows South Mortgage Calculator

Pre-filled with the local median home value of $135,100 and Texas's property tax rate of 1.6%.

Salary & Purchasing Power

Median household income is $60,571 28% below the national average.

What $60,571 in Homestead Meadows South Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$228,656+278%
Los Angeles, CA$257,427+325%

Property Tax in Homestead Meadows South, TX

Est. Annual Property Tax
$2,162
Monthly Impact
$180
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 Homestead Meadows South to Another City

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Cost of Living Comparison

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Homestead Meadows South, TX
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Homestead Meadows South, TX: 32
Rent Prices
50
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