The cost of living in Houston’s most sought-after neighborhoods

by James McClister


The median annual income in Houston is $60,072, or otherwise put: about $7,000 more than the U.S. and Texas medians, according to the most recent Census data. But that’s still not enough to own a home in some of city’s top neighborhoods.

So how much do you need to make?

The answer is more in some places, and less in others. And thanks to an analysis of HAR and Greater Houston Partnership data from local Keller Williams broker associate Paige Martin and her team at HoustonProperties.com, we’ve got the specifics.

Area Estimated Salary Median Home Price
Katy $72,686 $275,000
Galleria $71,614 $270,900
Memorial Close In $70,586 $267,000
Unversity/Riverside $68,484 $259,000
Pearland $67,929 $257,000
Friends $67,414 $254,950
Cypress $67,029 $253,500
League City $64,757 $244,900
Kingwood $63,429 $239,900
Champions Area $62,143 $235,000
Clear Lake $60,943 $230,500
Jersey Village $59,443 $224,900
Eldridge North $58,029 $219,500
Spring/Klein $57,907 $219,000
Copperfield Area $55,243 $209,000
Missouri City $49,971 $189,000
Medical Center $43,629 $165,000
Northwest Houston $42,043 $159,000

Martin and company’s recommended salary figures reflect the rule that to “comfortably afford” housing (which includes the cost of mortgage principle, interest, taxes and insurance) it should not cost more than 28 percent of a person’s gross monthly income.

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