Cost of Living in Cochran County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Cochran County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Cochran County ranks #126 of 3,142 counties for affordability (top 4%)
Sourced county brief
Cochran County Median Gross Rent Estimated at $697 Monthly
Median gross rent in Cochran County was estimated at $697 per month, which is $298 lower than the Texas state unweighted county mean of $995. The official median gross rent as a percentage of household income (GRAPI) is 22.7%. This official figure is 4.2 percentage points below the state unweighted county mean of 26.9% for the same metric. Renter-household median income was reported at $33,409. Among homeowners, the median home value was $53,200, compared to a state unweighted county mean of $185,237. Median selected monthly owner costs for all owner-occupied units were $470, while the state unweighted county mean for these costs is $877. These figures serve as a statistical snapshot of housing costs and income for the 2020-2024 five-year estimate period. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Cochran County
Affordability Verdict
ACS B25071 estimates median gross rent at 22.7% of renter household income in Cochran County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $697 per month; median selected monthly owner costs are $470. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $27,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Texas unweighted mean of county median rents is $995 per month. Cochran County's $697 median is 29.9% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Cochran County
Rent Burden
18.5%
of gross income
Max Housing (28% Rule)
$1,057
per month
Owner Cost Burden
12.4%
of gross income
You can likely afford the median home in Cochran County
Median home value is $53,200. Estimated monthly cost: $425 vs. your max of $1,057.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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