The Woodlands, Texas has an overall cost of living index of 98.8, which is 1.2 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,792 per month, while the typical home is valued around $479,400. Households earn a median of $141,353 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$141,353
Annual · Census ACS
Median Gross Rent
$1,792
Per month · Census ACS
Median Home Value
$479,400
Census ACS
Cost of Living Index
98.8
BEA RPP · US avg = 100
Studio FMR
$1,280
HUD Fair Market Rent
1BR Fair Market Rent
$1,323
HUD FMR
2BR Fair Market Rent
$1,573
HUD FMR
3BR Fair Market Rent
$2,116
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
98.8
Goods
98.1
Rents / Housing
107.8
Services
92.3
Source: BEA Regional Price Parities (metro-level)
State Income Tax
None
No state income tax on wages
State Sales Tax
6.25%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $126,810 |
| 🏥Registered Nurse | $94,390 |
| 📚Elementary Teacher | $63,050 |
| ⚡Electrician | $58,920 |
| 📊Accountant | $95,520 |
Source: BLS OEWS 2023 (metro-level data)
Population
116,916
Latest estimate
Median Age
40.5 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for The Woodlands?
The Woodlands has a Regional Price Parity (RPP) index of 98.8. The US national average is 100, so The Woodlands is 1.2 points below the national average.
What is the median rent in The Woodlands?
The median gross rent in The Woodlands is $1,792 per month according to US Census ACS data.
What is the median household income in The Woodlands?
The median household income in The Woodlands is $141,353 per year.
What is the median home value in The Woodlands?
The median home value in The Woodlands is $479,400 based on the latest Census ACS survey.
How is the air quality in The Woodlands?
Air quality data for The Woodlands is not yet available.
What are the taxes like in The Woodlands?
Texas has no state income tax on wages and a statewide sales tax of 6.25% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology