salaryRent is higher than in 78% of U.S. cities. Household incomes are higher than in 93% of U.S. cities. A typical house costs about 3.0 years of household income. Commutes are long, about 31.1 minutes each way. Most homes (85.9%) are owned, so rentals can be hard to find. It is a highly educated city: 59.7% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $90,400 a year. That is $43 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 371 of 426 cities from cheapest to most expensive.
How much do households earn in Timberwood Park?
Share of households by yearly income. 60.8% of households earn $100,000 or more.
Rent by apartment size in Timberwood Park
| Size | Timberwood Park | U.S. average |
|---|---|---|
| Studio | $1,549 | $1,338 |
| 1 bedroom | $1,485 | $1,324 |
| 2 bedrooms | $2,195 | $1,509 |
| 3 bedrooms | $2,474 | $1,698 |
| 4 bedrooms | $2,723 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Timberwood Park overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Timberwood Park, so the Texas figure is shown.
Taxes and bills in Timberwood Park
Life in Timberwood Park
Is it cheaper to rent or buy in Timberwood Park?
Renting is cheaper right now: about $1,283 a month less.
Owning assumes a typical $510,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $51,060 for the down payment.
Frequently asked questions
What is the average rent in Timberwood Park, TX?
Renting in Timberwood Park costs a median of about $2,260 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Timberwood Park?
To keep rent under 30% of income, you need about $90,400 a year, or $43 an hour at a full-time job.
Is Timberwood Park cheap or expensive?
Timberwood Park is rated Cheap: rent takes 16.0% of the typical household income of $169,432. It ranks 371st cheapest of 426 Texas cities we track.
How much are property taxes in Timberwood Park?
The median homeowner in Timberwood Park pays $8,173 a year in property taxes, about 1.60% of the median home value.
Is Timberwood Park more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Timberwood Park?
The median home value in Timberwood Park is $510,600, about 3.0 times the typical yearly household income.
35,413 people live in Timberwood Park. Numbers are typical (middle) values.