Living in Highland Village, Texas

Cost of living, income, home prices, rent and demographics of Highland Village · Census data 2020–2024

Highland Village has 16,101 residents with a median age of 43.8. The median household income is $159,828 (104% higher than the Texas median), the median home value is $550,000, the median rent is $2,429/month.

Highland Village at a glance

Population
16,101
Median age
43.8State: 35.6
Median household income
$159,828State: $78,476
Median home value
$550,000State: $283,800
Median rent
$2,429/moState: $1,403
Homeowners
91.9%
Bachelor's degree or higher
58.6%
Average commute
26 min

Is Highland Village a good place to live?

Pros: Median household income 104% higher than the Texas median; an average commute of 26 minutes; unemployment of 4%; a poverty rate of 1.8%.

Cons: Home values 94% higher than the state median.

The weather is best in March to May and October.

Cost of living in Highland Village

Housing is the biggest part of the cost of living. In Highland Village the median home value is $550,000, 65% higher than the U.S. median. Renters pay a median of $2,429 per month, which is 38.3% of household income. Homeowners with a mortgage pay $3,167 a month in housing costs.

Median home value

Highland Village$550,000
Texas$283,800
United States$332,700

Median monthly rent

Highland Village$2,429
Texas$1,403
United States$1,413

Highland Village median household income

The median household income in Highland Village is $159,828 and the income per person is $64,831. 1.8% of residents live below the poverty line (Texas: 13.8%).

Median household income

Highland Village$159,828
Texas$78,476
United States$80,734

Housing in Highland Village: homes for sale and rent

Housing units
5,680
Owner-occupied
91.9%
Renter-occupied
8.1%
Vacant
2.3%Includes seasonal homes
Median year built
1993
Average household size
2.89

Highland Village demographics

Population
16,101
Median age
43.8
Under 18
25%
65 and older
16.8%
Households
5,548
Foreign-born
8.2%
Veterans
8.1%Adults 18+

Race and ethnicity

White80.7%
Hispanic or Latino10.8%
Black4.6%
Asian4.1%

Hispanic or Latino can be of any race. Population history of Highland Village ›

Education in Highland Village

58.6% of adults 25 and older in Highland Village have a bachelor's degree or higher (Texas: 33.8%), and 18.5% have a graduate or professional degree.

Bachelor's degree or higher

Highland Village58.6%
Texas33.8%
United States35.7%

Jobs and commute in Highland Village

Unemployment rate
4%State: 5.3%
Average commute
26 minState: 27 min
Work from home
30.1%
Drive alone
63.2%
Public transit
0%
Walk to work
0.5%
Homes with broadband
98%

Highland Village vs nearby towns

TownPopulationMedian incomeHome valueRent
Highland Village16,101$159,828$550,000$2,429
Copper Canyon2,514$155,625$744,300$1,950
Hickory Creek5,611$148,852$507,200$2,192
Double Oak3,071$172,321$736,600$1,383
Lantana12,766$199,489$587,500$3,458
Lake Dallas7,822$76,879$269,000$1,519
Corinth23,385$120,580$375,600$1,891
Flower Mound78,389$161,235$560,200$2,231
Bartonville2,112$149,071$932,700—

More for people moving to Highland Village

Highland Village ZIP code ›Weather and climate ›

Living in Highland Village: FAQ

What is the median household income in Highland Village, TX?

The median household income in Highland Village is $159,828, 104% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Highland Village?

The median home value in Highland Village is $550,000, compared with $283,800 in Texas.

How much is rent in Highland Village?

The median gross rent in Highland Village is $2,429 per month, about 38.3% of household income.

Is Highland Village, TX a good place to live?

Pluses: median household income 104% higher than the Texas median; an average commute of 26 minutes; unemployment of 4%; a poverty rate of 1.8%. Minuses: home values 94% higher than the state median.

What is the median age in Highland Village?

The median age in Highland Village is 43.8 years (Texas: 35.6).

How long is the commute in Highland Village?

The average commute to work in Highland Village is 26 minutes; 30.1% of workers work from home.

What is the unemployment rate in Highland Village?

The unemployment rate in Highland Village is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Highland Village?

58.6% of adults in Highland Village have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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