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Flower Mound

Learn about the people, housing, costs and businesses in Flower Mound, Texas

Median Home$575,777
Median Rent$2,372/month
Population77,896
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare4% professional services
Home Value Growth⬆⬆+11.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners81% of occupied units
NotableHighly Educated42% bachelor's · 17% graduate · top 1% nationally
NotableHigh Incomes$166k/year · top 3% nationally
Flower Mound
TX

Frequently Asked Questions

What are today's mortgage rates in Flower Mound?

As of today, the 30-year fixed mortgage rate for Flower Mound is approximately 6.829% (6.863% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Flower Mound?

The median home value in Flower Mound is $576k. The median monthly rent is $2,372. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Flower Mound?

Home values in Flower Mound have increased 11.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Flower Mound?

Based on a typical all-in ownership cost of $2,569/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $110k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Flower Mound is $166k/year.

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What industries drive the economy in Flower Mound?

The largest employment sectors in Flower Mound are public administration (20%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.