Quick facts: Rowlett, TX

Quick Facts

105.3
Cost of Living
above US average
65,113
Population
17.23
Crime Rate per 1000
below US average
$110,954
Median Income
above US average
$415,990
Median House Price
above US average
$2745.02
Average Rent
above US average
6%
Poverty Rate
below US average
4.1%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $110,954.

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Income Needed to Buy

βœ— Stretch
$131k/year
Based on $415,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $131k vs median $110,954
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Income Needed to Rent

⚠ Stretch
$118k/year
Based on $2745.02/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $118k vs median $110,954
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rowlett, TX

Rowlett, Texas, is a vibrant suburban city located in the northeastern part of the Dallas-Fort Worth metroplex. Positioned along the scenic shores of Lake Ray Hubbard, it offers residents and visitors a mix of natural beauty and modern amenities. Rowlett is known for its family-friendly atmosphere, with a variety of parks, recreational facilities, and community events that foster a strong sense of belonging. The city features a well-connected network of roads, providing easy access to major highways, including I-30, which simplifies commutes to nearby Dallas and other surrounding areas. Rowlett's population has been steadily growing, leading to a robust economy and development of shopping centers, restaurants, and entertainment options. Local attractions include the Rowlett Community Centre, which offers fitness facilities and programs, and the scenic Rowlett Nature Trail, perfect for outdoor enthusiasts. In terms of education, Rowlett is served by the Rowlett Independent School District, providing quality education for its youth. This dynamic city balances the charm of suburban living with the conveniences of metropolitan life, making it an appealing place to call home.

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