The typical owner-occupied home in Coppell is worth about $560,500, 97% above the Texas median of $283,800 and 68% above the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.78% of their home's value, higher than the Texas rate of 1.49%. The median household earns $146,235 a year, so the median home costs 3.8 times the median income (3.6 times for Texas). 69% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Coppell at a glance
| Coppell | Texas | U.S. | |
|---|---|---|---|
| Median home value | $560,500 | $283,800 | $332,700 |
| Median property tax paid per year | $10,001 | $4,232 | $3,119 |
| Property tax as a share of value | 1.78% | 1.49% | 0.94% |
| Median household income | $146,235 | $78,476 | $80,734 |
| Homes lived in by their owners | 69% | 63% | 65% |
| Owner homes with a mortgage | 65% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $3,362 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 20.5% | 21.7% | 21.0% |
| Median rent | $2,022 | $1,403 | $1,413 |
| Rent as a share of renters' income | 25.0% | 30.9% | 30.6% |
| Median year homes were built | 1994 | 1992 | 1980 |
| Vacant homes | 3.3% | 9.4% | 10.1% |
| Population | 42,154 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Coppell
At this week's average 30-year rate of 7.11%, buying the median Coppell home of $560,500 with 20% down costs about $4,081 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,015, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $174,916 for the 20%-down payment. That payment is 33% of the median Coppell household income of $146,235; at that income and 20% down, the 28% guideline points to a home of about $469,000.
The median rent here is $2,022 a month, so owning the median home costs about $2,059 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $112,100 |
|---|---|
| Loan amount | $448,400 |
| Principal and interest | $3,016 |
| Property taxes (1.78% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $234 |
| PMI | $0 |
| Total per month | $4,081 |
Change the numbers in the calculator
| Down payment | $19,618 |
|---|---|
| Loan amount | $550,348 |
| Principal and interest | $3,702 |
| Property taxes (1.78% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $234 |
| FHA mortgage insurance | $248 |
| Total per month | $5,015 |
Change the numbers in the calculator
Questions about home buying in Coppell
What is the median home value in Coppell?
About $560,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Coppell?
Homeowners pay a median $10,001 a year, which is about 1.78% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Coppell?
For the median home with 20% down at 7.11%, the payment is about $4,081 a month. Keeping that under 28% of gross income takes about $174,916 a year.
More about Coppell
- Mortgage Refinance in Coppell
- Debt Relief in Coppell
- Home Equity Loans in Coppell
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data