Cost of Living in Castro County, Texas

$910/mo
Median Monthly Rent
$94,900
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$910/mo
6% below state average
Median Home Value
$94,900
66% below national
Rent-to-Income Ratio
21.0%
% 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 Castro County Compares

Median monthly rent comparison

Castro County$910/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$910/mo
Median Gross Rent
$94,900
Median Home Value
$564/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Castro County, Texas

Castro County outperforms on housing affordability

Castro County's rent-to-income ratio of 17.2% undercuts both the national average (15% typically) and Texas's 18.1% state benchmark. This Panhandle county offers renters genuine relief from housing cost pressures compared to the broader American landscape.

Above-average affordability in the Panhandle

Castro County ranks among Texas's more affordable regions, with a 17.2% rent-to-income ratio nearly a full point below the state average. This positioning reflects strong household incomes paired with moderate rental costs across the county.

Comparison: Castro in the Panhandle context

Castro County's median rent of $910 sits just below the state average of $963, while median household income of $63,485 slightly lags Carson County ($84,583) but outpaces Cochran County ($42,137). The balanced housing-to-income ratio here compares favorably to most neighboring Panhandle counties.

Lean housing costs, strong homeownership

Renters in Castro County spend $910 monthly from a $63,485 household income, while homeowners pay just $564 toward a median home value of $94,900—among the lowest in the region. Mortgage costs here are particularly modest, making homeownership accessible for first-time buyers.

Castro County welcomes newcomers

If affordable homeownership is your priority, Castro County's $94,900 median home value and $564 monthly ownership cost rank among Texas's best opportunities. The county balances farm-community values with reasonable housing burdens that give relocated families real financial breathing room.

Affordability Calculator

See how your income compares to housing costs in Castro County

$

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$1,481

per month

Owner Cost Burden

10.7%

of gross income

You can likely afford the median home in Castro County

Median home value is $94,900. Estimated monthly cost: $758 vs. your max of $1,481.

Rent Affordability Guide

Your rent-to-income ratio17.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Castro County, Texas?
Castro County, Texas has a median monthly rent of $910/mo and a median home value of $94,900. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Castro County?
The median gross rent in Castro County is $910/mo. This is 6% below state average for Texas.
Is Castro County affordable?
Castro County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Castro County's rent compare to the state average?
Castro County's median rent of $910/mo is 6% below state average of $963/mo for Texas.
What is the median home value in Castro County?
The median home value in Castro County, Texas is $94,900. This is 66% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.