The Grimes Brief
Grimes is a newer, higher-income suburb, and the housing stock skews new, which shows up in the numbers. Here is what it costs to live here, with the figures dated and sourced so you can check them.
Grimes has a high median household income (around $120,000), a high homeownership rate (about 71%), and a median home value near $305,000 per Census figures. It reads like what it is: a family-heavy, own-your-home suburb.
Census figures (American Community Survey, most recent 5-year estimates as compiled in 2024 dollars). Always the best apples-to-apples numbers, though they lag the live market.
Market sale prices move month to month and run higher than the Census "value" figure. Recent Redfin snapshots for Grimes have ranged from the low-to-mid $300,000s up toward $400,000 depending on the month, so check the current month on a site like Redfin or Zillow when you are actually shopping, rather than trusting a single number.
Your total property tax bill is a stack of levies: the city, the county, the school district, and others. The City of Grimes portion for the current fiscal year is about $10.70 per $1,000 of taxable value, and the city notes it collects only around 30% of your total bill, with the rest going mostly to schools and the county. For the full consolidated rate on a given address, check the county (most of Grimes is in Polk County; the west side is in Dallas County).
Our moving guide has the schools, the commute, and the growth story. And the Brief keeps you current once you are here.