Cost of Living in Texas County, Oklahoma

$939/mo
Median Monthly Rent
$155,600
Median Home Value

At a Glance

Median Monthly Rent
$939/mo
15% above state average
Median Home Value
$155,600
45% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Texas County Compares

Median monthly rent comparison

Texas County$939/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$939/mo
Median Gross Rent
$155,600
Median Home Value
$854/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Texas County ranks #2,764 of 3,144 counties for affordability (bottom 12%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Texas County, Oklahoma

Texas County rents strain modest incomes

Texas County's 19.0% rent-to-income ratio signals housing pressure, where renters spend nearly one-fifth of their paychecks on rent alone. At $939/month against a median income of $59,275, Texas County presents one of the region's most challenging affordability scenarios.

Above Oklahoma's average housing burden

Texas County's 19.0% rent-to-income ratio exceeds Oklahoma's state average of 17.0% by 2.0 percentage points, placing it among the state's less affordable rental markets. This reflects elevated rents paired with middle-range incomes that leave renters with tighter budgets.

Highest rents, mid-range incomes

Texas County's $939 monthly rent ranks highest in the panhandle region, surpassing even Tulsa County's $1,060 when adjusted for income ratios. Combined with $59,275 incomes (below regional medians), Texas County renters face the region's sharpest squeeze.

Owners gain relief, renters bear burden

Renters spend $939/month (19.0% of income) while homeowners pay $854/month (17.1% of income) on median household earnings of $59,275. Texas County shows the familiar pattern: renters strain while homeowners enjoy relative relief, creating urgency to access homeownership.

Texas County renters should compare options

If you're renting in Texas County at the median income, your 19.0% burden ranks among the panhandle's tightest—every extra dollar of rent eats into savings and necessities. Explore nearby Roger Mills ($708 rent, 13.6% ratio) or Tillman ($704 rent, 17.8% ratio) to see if relocation could free up hundreds of dollars annually.

Cost of Living Advisory: Texas County

Affordability Verdict

Texas County offers affordable rental housing at a median of $939/month — about 19.0% of the typical household income here.

Rent vs. Own

Renters in Texas County pay $939/month on average, compared to $854/month for homeowners. This market favors buyers by about 9%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,560/year. For owner costs at the 28% rule, the required income is roughly $36,600/year. With a median household income of $59,275, most households can comfortably afford rent here. Notably, 26.0% of renter households in Texas County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Texas County sits 7% more expensive than Pontotoc County ($880/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Texas County

$

Rent Burden

19.0%

of gross income

Max Housing (28% Rule)

$1,383

per month

Owner Cost Burden

17.3%

of gross income

You can likely afford the median home in Texas County

Median home value is $155,600. Estimated monthly cost: $1,242 vs. your max of $1,383.

Rent Affordability Guide

Your rent-to-income ratio19.0%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,275Needed: $37,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,275Needed: $36,600
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,275Needed: $36,212

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Texas County, Oklahoma?
Texas County, Oklahoma has a median monthly rent of $939/mo and a median home value of $155,600. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Texas County?
The median gross rent in Texas County is $939/mo. This is 15% above state average for Oklahoma.
Is Texas County affordable?
Texas County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Texas County's rent compare to the state average?
Texas County's median rent of $939/mo is 15% above state average of $814/mo for Oklahoma.
What is the median home value in Texas County?
The median home value in Texas County, Oklahoma is $155,600. This is 45% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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