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Grand Prairie city, TX

ZIP 75054 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 75054

Median Home Value
$445,500
Median Rent
$2,081
Affordability Snapshot
$123,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,862/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 75054 in Grand Prairie city, TX, a household would need roughly $123,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,862. That sits below the local median household income ($161,715), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
91.9%+40% vs US avg
x
Vacancy Rate
1.3%-87% vs US avg
x
Broadband Access
97.9%+12% vs US avg
x
4+ Bedrooms
18.8%+27% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
16.5%-67% vs US avg
x
Mortgage-Free
17.9%-53% vs US avg
x
$445,500
Home Value
$2,081
Rent
2010
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.9%
  • 1-unit attached1.8%
  • 2-9 units2.1%
  • 10+ units4.9%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$445,500
Median rent$2,081
Owner-occupied91.9%
Vacant1.3%
Price-to-income2.8x
Est. income to buy$123,000