Housing

Florida vs Texas: Owner Costs to Income

Texas has a lower owner costs to income ratio than Florida.

Florida

FL · South

19.2%

Median selected monthly owner costs as a percentage of household income (ACS 2023).

Texas

TX · South

Winner

18.0%

Median selected monthly owner costs as a percentage of household income (ACS 2023).

Visual comparison

Florida19.2%

Texas18.0%

Difference: 1.20 percentage points — Texas leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for owner costs to income.

Florida #44 · 19.2%

Texas #36 · 18.0%

Best Worst

10 Best States — Owner Costs to Income

Lower is better

West Virginia

13.3%

Arkansas

14.6%

North Dakota

14.7%

Alabama

14.8%

Mississippi

15.2%

South Carolina

15.4%

Indiana

15.5%

Tennessee

15.5%

Kentucky

15.6%

#10

Missouri

15.9%

Selected states

#44

Florida

19.2%

#36

Texas

18.0%

Florida ranks 44th and Texas ranks 36th nationally for owner costs to income.

Related context

Ownership Cost Burden

Lenders typically flag anything above 28% as stretched — here's how ownership stacks up against income.

MetricFloridaTexas

Owner Costs w/ Mortgage $2,168/mo $2,211/mo

Owner Costs w/o Mortgage $766/mo $703/mo

Median Household Income $67,917 $66,963 Median Home Value $348,000 $294,400 Property Tax Rate 0.76% 1.49%

What this means