Housing costs in Olmos Park?
A typical home costs
$919,500, which is 172.0% more expensive than the national average of
$338,100 and 209.0% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Olmos Park costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 10.3% cheaper than the state average of
$1,280.
Can I afford Olmos Park?
To live comfortably in Olmos Park, Texas, a minimum annual income of
$176,040 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Olmos Park?
The cost of living in Olmos Park, TX is slightly higher than the national average, but it is still considered to be very affordable. The median home value is around $237,000, which is about 4% lower than the state average and 17% lower than the national average. The median household income in Olmos Park is around $83,000, which is 13% higher than the state average and 25% higher than the national average. Property taxes are also generally low compared to other areas in Texas. All these factors make for a relatively affordable cost of living in Olmos Park.