Dallas, TX — income, home value, property tax, and sales tax.
In ZIP 75217, on Dallas's southeast side, homes carry a median value of $189,200, and the county-level effective property tax rate of 1.58% works out to roughly $2,989 a year in taxes on that median home. With median household income at $55,723, that bill equals about 5.4% of a household's annual earnings before any exemptions. Per-capita income sits lower, at $19,802, so the strain varies widely from household to household. Add the 8.25% combined sales tax on everyday purchases, and the overall cost of living here leans on paychecks that are already stretched.
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