Cost of Living in Colorado County, Texas

$1,002/mo
Median Monthly Rent
$194,000
Median Home Value
4% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,002/mo
4% above state average
Median Home Value
$194,000
31% below national
Rent-to-Income Ratio
25.0%
% 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 Colorado County Compares

Median monthly rent comparison

Colorado County$1,002/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,002/mo
Median Gross Rent
$194,000
Median Home Value
$767/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Colorado County, Texas

Colorado County balances cost and income well

Renters in Colorado County spend 17.5% of income on housing—well below the national average of roughly 30%—with a median rent of $1,002 per month. The typical household earns $68,554, just below the national median of $74,755, yet maintains strong affordability relative to housing costs.

Slightly above Texas average, still affordable

Colorado County's 17.5% rent-to-income ratio edges slightly below the Texas state average of 18.1%, maintaining competitive affordability across the state. At $1,002 monthly, rent is only 4% above the state median of $963, positioning Colorado as a reasonably priced option among Texas counties.

Moderate rents bridging rural and metro

Colorado County's $1,002 rent sits between rural West Texas counties like Coke ($687) and Concho ($919), and the pricier Comal County ($1,460). It represents a middle ground for those seeking more amenities than rural areas offer without the premium pricing of major metro regions like Collin County.

Balanced housing costs for moderate incomes

The median Colorado County household earning $68,554 allocates $1,002 monthly for rent (17.5% of income) or $767 monthly to own a home valued at $194,000. Combined housing costs consume roughly 34% of gross income, a healthy proportion that leaves room for other expenses.

Colorado offers balanced Texas living

If you're considering relocation to Colorado County, expect moderate rents of $1,002 and median home values around $194,000—a sweet spot between rural affordability and metro amenities. Compare these figures to nearby counties and statewide averages to gauge whether Colorado's positioning matches your budget and lifestyle needs.

Affordability Calculator

See how your income compares to housing costs in Colorado County

$

Rent Burden

17.5%

of gross income

Max Housing (28% Rule)

$1,600

per month

Owner Cost Burden

13.4%

of gross income

You can likely afford the median home in Colorado County

Median home value is $194,000. Estimated monthly cost: $1,549 vs. your max of $1,600.

Rent Affordability Guide

Your rent-to-income ratio17.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Colorado County, Texas?
Colorado County, Texas has a median monthly rent of $1,002/mo and a median home value of $194,000. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Colorado County?
The median gross rent in Colorado County is $1,002/mo. This is 4% above state average for Texas.
Is Colorado County affordable?
Colorado County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Colorado County's rent compare to the state average?
Colorado County's median rent of $1,002/mo is 4% above state average of $963/mo for Texas.
What is the median home value in Colorado County?
The median home value in Colorado County, Texas is $194,000. This is 31% 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.