Cost of Living in Hansford County, Texas

$770/mo
Median Monthly Rent
$132,100
Median Home Value

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

National Ranking

Affordability Rank

Hansford County ranks #785 of 3,144 counties for affordability (top 25%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Hansford County

Affordability Verdict

Hansford County offers affordable rental housing at a median of $770/month — about 13.5% of the typical household income here.

Rent vs. Own

At $770/month rent versus $715/month in owner costs, owning is roughly $55/month cheaper — a 7% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,800/year. For owner costs at the 28% rule, the required income is roughly $30,643/year. With a median household income of $68,299, most households can comfortably afford rent here. Notably, 27.0% of renter households in Hansford County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Hansford County sits 6% less expensive than Cass County ($821/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Hansford County

$

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%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,299Needed: $30,800
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,299Needed: $30,643
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,299Needed: $30,743

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 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.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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