Affordable

What Salary Do You Need to Live in Highland Village?

To afford a 2-bedroom in Highland Village, you need to earn at least $108,560/year based on estimated fair market rent data. The median household income here is $162,879, which means the typical resident is $54,319 above the threshold.

Census ACS Data Pop. 15,883

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,900	$6,333	$76,000	$-86,879
1 Bedroom	$2,253	$7,510	$90,120	$-72,759
2 Bedroom BENCHMARK	$2,714	$9,047	$108,560	$-54,319
3 Bedroom	$3,311	$11,037	$132,440	$-30,439
4 Bedroom	$4,071	$13,570	$162,840	$-39

Affordability Breakdown

Where the required salary line crosses above Highland Village's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$162,879

Annual household

2BR Required Salary

$108,560

Under 30% rule

Income Gap

+$54,319

Surplus

Verdict

Affordable

Ratio: 20.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Highland Village

Your Annual Salary

Pre-filled with Highland Village's median household income

Max monthly rent you can afford$4,072

Studio

$1,900/mo

1 BR

$2,253/mo

2 BR

$2,714/mo

3 BR

$3,311/mo

4 BR

$4,071/mo

Your salary is $0 above the median income in Highland Village.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Highland Village's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Highland Village

Highland Village, Texas stands out as one of the more financially accessible housing markets in the state. The median household income of $162,879 significantly exceeds the $108,560 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $54,319 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Highland Village, a studio at $1,900/month offers an even more aggressive savings rate. Even a 3-bedroom at $3,311/month remains accessible for dual-income households earning above $132,440.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $162,840 would position you well — though many residents in Highland Village manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Highland Village, Texas.

With a total population of 15,883, the city supports an active civilian workforce of 8,282 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $108,560 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

8,282

Active civilian employees in Highland Village

Frequently Asked Questions About Renting in Highland Village

What salary do I need to live in Highland Village, Texas?

To afford a 2-bedroom in Highland Village under the 30% rule, you need an annual salary of at least $108,560. The median household income in Highland Village is $162,879.

Can I afford a 2-bedroom in Highland Village on $162,879?

The affordability verdict for Highland Village is "Affordable". The rent-to-income ratio is 20.0%, meaning median earners have a $54,319 surplus.

What is the average rent in Highland Village compared to median income?

The median gross rent in Highland Village is $2,253/month. With a median household income of $162,879, residents spend approximately 20.0% of their income on rent.

What salary do I need for a studio in Highland Village?

A studio in Highland Village rents for approximately $1,900/month. Under the 30% rule, you need an annual salary of $76,000 to afford this.

Is Highland Village considered an affordable place to live?

Based on the surplus of $54,319 and an affordability verdict of "Affordable", Highland Village is considered a affordable rental market when comparing the required 2-bedroom salary of $108,560 to the local median household income.

How Highland Village Compares

Other cities in Texas with salary requirements