Cost of Living in Hansford County, Texas

$770/mo

Median Monthly Rent

$132,100

Median Home Value

20% below state averageUnaffordable

At a Glance

Median Monthly Rent

$770/mo

20% below state average

Median Home Value

$132,100

53% below national

Rent-to-Income Ratio

27.0%

% 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 Hansford County Compares

Median monthly rent comparison

Hansford County$770/mo

Texas Average$963/mo

National Median$1,163/mo

Detailed Housing Stats

$770/mo

Median Gross Rent

$132,100

Median Home Value

$715/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Hansford County, Texas

Hansford County beats the affordability test

Hansford County's rent-to-income ratio of 13.5% is well below both the Texas state average of 18.1% and the national average of roughly 30%. This panhandle county offers genuine affordability for renters and buyers alike.

Top tier for Texas affordability

Hansford County ranks among Texas's most affordable counties, with a 13.5% rent-to-income ratio placing it in the best quartile statewide. The $770 median rent significantly undercuts the state average of $963.

Best value in the panhandle cluster

Hansford County's $770 rent is the lowest among nearby panhandle and north Texas counties, while maintaining a solid median household income of $68,299. Median home values of $132,100 make buying accessible without sacrificing income.

Income goes far in Hansford

At $68,299 median household income, Hansford residents allocate just 13.5% to rent or roughly 12.6% to mortgage payments. This leaves substantial room in household budgets for savings, education, and quality of life.

Hansford punches above its weight

If affordability is your top priority, Hansford County delivers excellent value—lowest rents in its region, solid incomes, and homes under $135,000. This panhandle community offers genuine housing security for families and remote workers.

Affordability Calculator

See how your income compares to housing costs in Hansford County

Your Annual Household Income

Rent Burden

13.5%

of gross income

Max Housing (28% Rule)

$1,594

per month

Owner Cost Burden

12.6%

of gross income

You can likely afford the median home in Hansford County

Median home value is $132,100. Estimated monthly cost: $1,055 vs. your max of $1,594.

Rent Affordability Guide

Your rent-to-income ratio13.5%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hansford County, Texas?

Hansford County, Texas has a median monthly rent of $770/mo and a median home value of $132,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Hansford County?

The median gross rent in Hansford County is $770/mo. This is 20% below state average for Texas.

Is Hansford County affordable?

Hansford County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Hansford County's rent compare to the state average?

Hansford County's median rent of $770/mo is 20% below state average of $963/mo for Texas.

What is the median home value in Hansford County?

The median home value in Hansford County, Texas is $132,100. This is 53% below the national median home value of $281,900.