What salary do I need for a median Dallas home?
Roughly $95k–$110k gross with 20% down at 6.5%, before other debts.
Dallas · Texas
How Much House Can You Afford in Dallas?
Median home near $385,000. Typical household income near $75,000. Moderate to high — growth pushed prices in some suburbs. Calculator below uses Dallas tax and insurance defaults.
Local numbers for Dallas
$385,000Median home price
$120,312+Rough gross income for median home (3× rule)
1.7%Property tax (effective)
0.42%Insurance (of home value / yr)
On a median $385,000 home, tax near 1.7% is about $545/month. Insurance near 0.42% is about $134/month. HOA near $85/month where it applies.
DFW spans many tax districts. Check the county rate on the listing, not just the state average.
Affordability in Dallas: local context
Dallas–Fort Worth is a spread-out market. Median price near $385k is a midpoint — Plano and Frisco run higher, southern suburbs often lower.
Job growth pulled prices up in some rings. Wages near $75k median mean many buyers target homes below the median to stay Comfortable on the stress meter.
HOA is common in master-planned suburbs. Add $85 or more in the calculator if the listing has an HOA line.
Tax districts differ by county and city. Use the seller's tax certificate, not a statewide guess, when you plan your payment.
FAQ — Dallas
Do Dallas homes have HOA?
Many suburbs do. Enter $85+ in the calculator if you are buying in a planned community.