Calculate using real Arlington data. Median home price: $285,000. Property tax rate: 1.88%.
Arlington, TX has a cost of living index of 93, where 100 represents the national average. This means living in Arlington is 7% less expensive the national average.
The median household income in Arlington, TX is $61,963. Combined with a cost of living index of 93, this provides a picture of purchasing power in the area.
The median home price in Arlington, TX is $285,000 with a property tax rate of 1.88%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $2,038.