Cost of Living in Grand Prairie, Texas
Grand Prairie has a population of about 201,883. The median household income is $81,619, median gross rent is $1,629/month, and the median home value is $295,500. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Grand Prairie expensive to live in?
Compared with the national median in this dataset, rent in Grand Prairie is about the national median and home values are 21% below the national median. Household income here is about the national median. Monthly rent represents roughly 24% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Grand Prairie?
The median gross rent in Grand Prairie, Texas is $1,629 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Grand Prairie?
The median owner-occupied home value in Grand Prairie is $295,500 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Grand Prairie?
The median household income in Grand Prairie is $81,619 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.