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Wake Village, 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
53
Very Affordable
Median Home Value
$172,900
National: $426,735
Median Rent
$1,061/mo
National: $1,527/mo
Household Income
$69,796
National: $84,532
Population
5,887
Purchasing Power
156
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
41 / 100
100 = national average
Rent Index
69 / 100
Overall Index
53
Very Affordable

Wake Village Mortgage Calculator

Pre-filled with the local median home value of $172,900 and Texas's property tax rate of 1.6%.

Salary & Purchasing Power

Median household income is $69,796 17% below the national average.

What $69,796 in Wake Village Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$198,853+185%
Los Angeles, CA$223,874+221%
El Paso, TX$68,479-2%
Detroit, MI$52,676-25%

Property Tax in Wake Village, TX

Est. Annual Property Tax
$2,766
Monthly Impact
$231
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 Wake Village to Another City

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Cost of Living Comparison

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Wake Village, TX
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Wake Village, TX: 41
Rent Prices
69
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