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Terrell Hills, 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
135
Very Expensive
Median Home Value
$762,200
National: $426,735
Median Rent
$1,154/mo
National: $1,527/mo
Household Income
$217,800
National: $84,532
Population
5,050
Purchasing Power
191
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
179 / 100
100 = national average
Rent Index
76 / 100
Overall Index
135
Very Expensive

Terrell Hills Mortgage Calculator

Pre-filled with the local median home value of $762,200 and Texas's property tax rate of 1.6%.

Salary & Purchasing Power

Median household income is $217,800 158% above the national average.

What $217,800 in Terrell Hills Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$243,613+12%
Los Angeles, CA$274,267+26%
Chicago, IL$130,680-40%
Houston, TX$114,547-47%

Property Tax in Terrell Hills, TX

Est. Annual Property Tax
$12,195
Monthly Impact
$1,016
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 Terrell Hills to Another City

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Cost of Living Comparison

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Terrell Hills, TX
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Terrell Hills, TX: 179
Rent Prices
76
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