Affordability evidence
North Richland Hills, TX home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for North Richland Hills, TX.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
Start with the dated local finding: In North Richland Hills, TX, the 2024 ACS reports a median owner-occupied home value of $360,700, median household income of $97,305, and median selected monthly owner costs of $2,402 for owners with a mortgage. Together, those three reference points can 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 $2,402 measure combines recurring ownership expenses instead of real estate taxes alone. For borrower planning, a useful affordability review starts with $360,700, $97,305, and $2,402, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
North Richland Hills, TX's $360,700 median home-value estimate is above the statewide $283,800 estimate, with a reported city-to-state gap of 27.1%. That 27.1% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in North Richland Hills, TX.