Cost of Living in Fannin 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 Fannin County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Fannin County ranks #2,200 of 3,142 counties for affordability (bottom 30%)
Sourced county brief
Fannin County Median Gross Rent Exceeds State Unweighted Mean
The median gross rent in Fannin County was estimated at $1,035 per month, a figure that is $40 above the state unweighted county mean rent of $995. The official median gross rent as a percentage of household income (GRAPI) was 25.9%, which is 1.0 percentage point lower than the state unweighted county mean official GRAPI of 26.9%. For owner-occupied housing, the median home value was $233,700, exceeding the state unweighted county mean home value of $185,237. Median selected monthly owner costs for all units were $979 per month, while the state unweighted county mean was $877. The median income for renter households was $45,292 during this interval. All figures are based on the ACS 5-year estimates for 2020-2024 and provide a static snapshot of housing expenditures. 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: Fannin County
Affordability Verdict
ACS B25071 estimates median gross rent at 25.9% of renter household income in Fannin 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 $1,035 per month; median selected monthly owner costs are $979. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $41,400 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. Fannin County's $1,035 median is 4.0% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Fannin County
Rent Burden
17.2%
of gross income
Max Housing (28% Rule)
$1,687
per month
Owner Cost Burden
16.3%
of gross income
The median home in Fannin County may be a stretch
Median home value is $233,700. Estimated monthly cost: $1,866 vs. your max of $1,687.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Fannin County, Texas?
What is the median rent in Fannin County?
Is Fannin County affordable?
How does Fannin County's rent compare to the state average?
What is the median home value in Fannin County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Fannin County, Texas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Fannin County
Whether you're buying in Fannin County, Texas, or refinancing, compare rates from top lenders using the terms each lender provides.
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.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.