How much do homeowners pay a month in Addison, TX?
Homeowners with a mortgage in Addison, TX pay a median of $2,610 (±$501) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,082 (±$194).
63.2% of owned homes carry a mortgage.
In Addison, the median monthly cost with a mortgage went from $2,247 in 2015–2019 to $2,610 in 2020–2024 (+16.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $2,610 (±$501)
- Without a mortgage
- $1,082 (±$194)
- Owned with a mortgage
- 63.2%
Monthly owner costs in Addison
| Addison | Dallas County | Texas | United States | |
|---|---|---|---|---|
| With a mortgage | $2,610 (±$501) | $2,166 (±$20) | $2,106 (±$6) | $1,963 |
| Without a mortgage | $1,082 (±$194) | $793 (±$9) | $678 (±$2) | $638 |
| Owned homes with a mortgage | 63.2% (±8.5 points) | 57.3% (±0.6 points) | 56.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $7,041 (±$391) | $4,798 (±$49) | $4,232 (±$19) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Addison, the median cost with a mortgage is not measurably different from Dallas County ($2,166).
It is also higher than in Texas ($2,106).
It is higher than the national figure ($1,963).
In Dallas County, Addison ranks 5 of 25 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 151 of 1,319.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Addison have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,247 (±$102) | $2,610 (±$501) | +16.2% | No measurable change after inflation |
| Median real estate taxes | $5,893 (±$273) | $7,041 (±$391) | +19.5% | No measurable change after inflation |
| Median home value | $335,300 (±$9,513) | $482,000 (±$25,158) | +43.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Addison
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Addison | — | $2,610 (±$501) | — |
| Farmers Branch | 3.6 mi | $2,513 (±$204) | Not measurably different |
| Carrollton | 4.2 mi | $2,341 (±$60) | Not measurably different |
| Hebron | 6.5 mi | $3,178 (±$172) | Higher |
| Richardson | 7.3 mi | $2,524 (±$80) | Not measurably different |
| Plano | 7.8 mi | $2,723 (±$52) | Not measurably different |
| University Park | 8.3 mi | $4,000 or more | — |
| Coppell | 9.1 mi | $3,362 (±$121) | Higher |
| Highland Park | 9.4 mi | $4,000 or more | — |
Nearby places with a measurably higher figure: Hebron, TX ($3,178), Coppell, TX ($3,362).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Dallas County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Highland Park | $4,000 or more |
| 1 (tie) | University Park | $4,000 or more |
| 3 | Coppell | $3,362 (±$121) |
| 4 | Sunnyvale | $3,115 (±$250) |
| 5 (tie) | Addison | $2,610 (±$501) |
| 5 (tie) | Sachse | $2,610 (±$109) |
| 7 | Richardson | $2,524 (±$80) |
| 8 | Farmers Branch | $2,513 (±$204) |
| 9 | Rowlett | $2,366 (±$65) |
| 10 | Dallas | $2,316 (±$33) |
| 11 | Irving | $2,243 (±$74) |
Showing 11 of 25 places in Dallas County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Addison
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Addison beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Addison, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Addison, and send estimates and invoices from your phone.
Questions about Addison
What is the average mortgage payment in Addison?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Addison, TX is $2,610 (±$501) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Addison?
Owners without a mortgage in Addison pay a median of $1,082 (±$194) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Addison gone up?
In Addison, the median monthly cost with a mortgage went from $2,247 in 2015–2019 to $2,610 in 2020–2024 (+16.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Addison town, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Addison town, Texas
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Addison town, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Addison town, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Addison town, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Addison town, Texas (place:01240, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Addison at a glance
- Median rent in Addison
- Rent by bedrooms in Addison
- Rent burden in Addison
- Renters and owners in Addison
- Income and affordability in Addison
- Home values in Addison
- Property taxes in Addison
- Types of homes in Addison
- Bedrooms in Addison
- Age of homes in Addison
- Vacancy rate in Addison
- Heating fuel in Addison
- Commute and cars in Addison
- Crime reported to police in Addison
- Population growth in Addison
- How long people stay in Addison
- Crowding and facilities in Addison
- Fair Market Rent in Addison
- Texas landlord and tenant rules
- Housing across Dallas County
- Housing data for every place in Texas