Affordability evidence
Mansfield, TX home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Mansfield, TX.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
In Mansfield, TX, the 2024 ACS reports a median owner-occupied home value of $410,700, median household income of $121,126, and median selected monthly owner costs of $2,688 for owners with a mortgage. For the decision at hand, together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $2,688 measure combines recurring ownership expenses instead of real estate taxes alone. In practical terms, a useful affordability review starts with $410,700, $121,126, and $2,688, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Mansfield, TX's $410,700 median home-value estimate is above the statewide $283,800 estimate, with a reported city-to-state gap of 44.7%. For the decision at hand, that 44.7% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Mansfield, TX.