Cost of Living in Foard 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 Foard County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Foard County ranks #55 of 3,142 counties for affordability (top 2%)
Sourced county brief
Foard County Median Monthly Owner Costs Below State Mean
In Foard County, median selected monthly owner costs for all owner-occupied units were estimated at $540, which is $337 below the state unweighted county mean owner cost of $877. The official median gross rent as a percentage of household income (GRAPI) was 20.6%, a value that is 6.3 percentage points below the state unweighted county mean official GRAPI of 26.9%. The median gross rent in the county was $572 per month, while the state unweighted county mean rent was $995. The median home value was $70,700, compared to the state unweighted county mean home value of $185,237. Median renter-household income data was not available for the period. These figures are derived from the 2020-2024 ACS 5-year estimates. 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: Foard County
Affordability Verdict
ACS B25071 estimates median gross rent at 20.6% of renter household income in Foard 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 $572 per month; median selected monthly owner costs are $540. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $22,880 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. Foard County's $572 median is 42.5% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Foard County
Rent Burden
11.1%
of gross income
Max Housing (28% Rule)
$1,436
per month
Owner Cost Burden
10.5%
of gross income
You can likely afford the median home in Foard County
Median home value is $70,700. Estimated monthly cost: $564 vs. your max of $1,436.
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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