GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you could read more about oureditorial guidelinesand our products and servicesreview methodology.
Poor Texans
For starters, lets define net worth.
The net worth for this group could be estimated between $0 and $15,000.
In Texas, according toZillow, the average home value is about $308,000.
Upper Middle-Class and Rich Texans
Texas is no stranger to the rich.
In fact, cities like Dallas and Houston are home to tens of thousands of millionaires and billionaires.
The Cost of Living
So how do these levels compare to the cost of living in Texas?
According toMERIC, Texans have the 14th lowest cost of living in the United States.
The average total personal consumption cost in Texas is about $49,000, according to theBureau of Economic Analysis.
More From GOBankingRates
Share This Article:
The Latest inMoney
