Cost of Living in Colorado County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Colorado County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Colorado County ranks #2,606 of 3,144 counties for affordability (bottom 17%)
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.
Cost of Living Advisory: Colorado County
Affordability Verdict
For renters in Colorado County, the market is affordable. Expect to pay around $1,002/month in gross rent, with 25.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Colorado County pay $1,002/month on average, compared to $767/month for homeowners. This market favors buyers by about 23%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $40,080/year. For owner costs at the 28% rule, the required income is roughly $32,871/year. With a median household income of $68,554, most households can comfortably afford rent here. Notably, 25.0% of renter households in Colorado County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Tyler County where rent averages $951/month, Colorado County is approximately 5% more expensive.
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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