Cost of Living in Childress County, Texas

$934/mo
Median Monthly Rent
$115,100
Median Home Value

At a Glance

Median Monthly Rent
$934/mo
3% below state average
Median Home Value
$115,100
59% below national
Rent-to-Income Ratio
18.0%
% 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 Childress County Compares

Median monthly rent comparison

Childress County$934/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$934/mo
Median Gross Rent
$115,100
Median Home Value
$574/mo
Monthly Owner Cost
18.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Childress County ranks #2,321 of 3,144 counties for affordability (bottom 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Childress County, Texas

Childress County edges toward housing strain

Childress County's rent-to-income ratio of 18.6% runs 3.6 percentage points higher than the national average and 0.5 points above Texas's 18.1% state average. Renters here face slightly elevated housing cost burdens despite modest rents of $934 monthly, reflecting the challenge of lower regional incomes.

Slightly tight affordability in the Panhandle

At 18.6%, Childress County's rent-to-income ratio ranks among the less affordable counties in Texas, sitting above the state average and trailing more prosperous Panhandle peers. The county faces modest affordability headwinds compared to state norms, though not extreme.

Comparison: Childress vs. Panhandle neighbors

Childress County's $934 median rent nearly matches Carson County's $933 but with a median household income $24,250 lower ($60,333 vs. $84,583), creating a tighter affordability squeeze. This income gap explains why Childress residents spend a higher percentage of earnings on housing despite similar rent levels.

Stretched budgets in Childress County

The $60,333 median household income means renters paying $934 monthly dedicate 18.6% of earnings to rent—above state average—while homeowners pay $574 toward a median home value of $115,100. Though ownership costs remain reasonable, the overall income picture leaves less cushion for renters.

Childress for budget-conscious buyers

If you're relocating to the Panhandle with a job offer in hand, ensure your expected salary matches or exceeds the $60,333 county median to avoid housing strain. Childress County's modest home values and ownership costs appeal to buyers, but renters should negotiate higher wages before committing.

Cost of Living Advisory: Childress County

Affordability Verdict

For renters in Childress County, the market is affordable. Expect to pay around $934/month in gross rent, with 18.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Childress County is $934/month, while owner costs run $574/month. Owning saves approximately $360/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,360/year. For owner costs at the 28% rule, the required income is roughly $24,600/year. With a median household income of $60,333, most households can comfortably afford rent here. Notably, 18.0% of renter households in Childress County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Crane County where rent averages $883/month, Childress County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Childress County

$

Rent Burden

18.6%

of gross income

Max Housing (28% Rule)

$1,408

per month

Owner Cost Burden

11.4%

of gross income

You can likely afford the median home in Childress County

Median home value is $115,100. Estimated monthly cost: $919 vs. your max of $1,408.

Rent Affordability Guide

Your rent-to-income ratio18.6%
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: $60,333Needed: $37,360
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,333Needed: $24,600
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,333Needed: $26,787

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 Childress County, Texas?
Childress County, Texas has a median monthly rent of $934/mo and a median home value of $115,100. The affordability rating is Unaffordable, with rent making up approximately 18.0% of median household income.
What is the median rent in Childress County?
The median gross rent in Childress County is $934/mo. This is 3% below state average for Texas.
Is Childress County affordable?
Childress County is rated Unaffordable based on rent-to-income ratio of 18.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Childress County's rent compare to the state average?
Childress County's median rent of $934/mo is 3% below state average of $963/mo for Texas.
What is the median home value in Childress County?
The median home value in Childress County, Texas is $115,100. This is 59% 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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