WhereCanIAfford › Houston, TX › On $550,000

Is Houston, TX affordable on a $550,000 salary?

YES On $550,000/yr, the typical $308,306 home in Houston, TX needs $90,896/yr ($2,121/mo). Your gap: +$459,104 — housing would be 4.6% of your gross income.

The math

308,306 price − 10% down (30,831) = 277,475 loan
30-yr fixed at 6.47% on 277,475 = 1,748/mo principal+interest
+ 373/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,121/mo PITI ÷ 0.28 = 7,575/mo → 90,896/yr required

against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).

What salary WOULD clear Houston, TX?

You need about $90,896/yr for the typical home. On $550,000 you already clear it by $459,104.

On $525,000? On $575,000? On $600,000?

See the full Houston, TX affordability breakdown → or every metro you can afford on $550,000 →