Quick facts: Euless, TX

Quick Facts

99.5
Cost of Living
below US average
60,169
Population
25.11
Crime Rate per 1000
above US average
$77,403
Median Income
below US average
$422,990
Median House Price
above US average
$1734.75
Average Rent
above US average
10%
Poverty Rate
below US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $77,403.

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Income Needed to Buy

βœ— Stretch
$133k/year
Based on $422,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $133k vs median $77,403
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Income Needed to Rent

βœ“ Affordable
$74k/year
Based on $1734.75/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($77,403) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Euless, TX

Euless, Texas, is a vibrant city located in the heart of the Dallas-Fort Worth Metroplex. With a population of approximately 58,000 residents, Euless offers a unique blend of suburban charm and urban amenities. The city is known for its diverse community and strong family-oriented atmosphere. Euless is strategically situated near major highways, making it easily accessible to neighboring cities such as Dallas and Fort Worth. The area boasts a variety of parks, like the popular Bob Eden Park, which features walking trails, sports fields, and picnic areas, perfect for outdoor enthusiasts. Shopping and dining options abound in Euless, with various local eateries and retail shops catering to a range of tastes. The city is also home to the renowned Texas Star golf course, which appeals to golf enthusiasts. Education is a priority in Euless, served by the Hurst-Euless-Bedford Independent School District, which offers quality education opportunities for children. With its strong sense of community, Euless hosts numerous events and festivals, making it an inviting place for families and newcomers alike.

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