Dallas, TX — income, home value, property tax, and sales tax.
In ZIP code 75201, within Dallas, homes carry a median value of $688,100, and the county's 1.58% effective property tax rate translates to roughly $10,872 a year in taxes on such a home. Median household income sits at $103,761, with per-capita income at $103,507, so that tax bill absorbs a meaningful share of annual earnings. Adding the 8.25% combined sales tax raises the overall cost of living further. High property values paired with substantial income create a market where buying remains possible but carrying costs weigh heavily.
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