Cost of Living in Castro County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Castro County Compares
Median monthly rent comparison
Detailed Housing Stats
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
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.