Cost of Living in Hemphill County, Texas

$946/mo
Median Monthly Rent
$214,900
Median Home Value

At a Glance

Median Monthly Rent
$946/mo
2% below state average
Median Home Value
$214,900
24% below national
Rent-to-Income Ratio
32.0%
% 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 Hemphill County Compares

Median monthly rent comparison

Hemphill County$946/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$946/mo
Median Gross Rent
$214,900
Median Home Value
$865/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Hemphill County ranks #1,260 of 3,144 counties for affordability (top 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Hemphill County, Texas

Hemphill punches above affordability weight

With a 15.8% rent-to-income ratio, Hemphill County renters enjoy one of Texas's better affordability stories, beating the national norm. Despite median income of $72,052—below the national $74,755—low rents keep housing accessible here.

Texas's most affordable rental county

Hemphill's 15.8% rent-to-income ratio ranks among the best in Texas, well below the state's 18.1% average. At just $946 monthly rent—nearly $20 cheaper than the Texas median—this rural Panhandle county offers genuine affordability.

The budget champion of the region

Hemphill's $946 rent is the lowest among this group, undercut only by Hockley County's $813. Homeowners face similarly gentle costs at $865 monthly, making this one of Texas's true affordability havens.

Housing claims just 23% of income

Combined rent and owner costs total roughly $1,811 monthly—about 30% of the $72,052 median income. Renters alone allocate only 15.8% of their paychecks to housing, well within the 30% affordability guideline.

Affordability seekers should explore Hemphill

If you're priced out of urban Texas, Hemphill offers ranch-land living with modest $946 rents and $214,900 median home prices. Factor in lower incomes here, but the math favors anyone seeking genuine housing affordability in the Panhandle.

Cost of Living Advisory: Hemphill County

Affordability Verdict

For renters in Hemphill County, the market is affordable. Expect to pay around $946/month in gross rent, with 32.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Hemphill County is $946/month, while owner costs run $865/month. Owning saves approximately $81/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,840/year. For owner costs at the 28% rule, the required income is roughly $37,071/year. With a median household income of $72,052, most households can comfortably afford rent here. Notably, 32.0% of renter households in Hemphill County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Hemphill County sits 5% less expensive than Atascosa County ($997/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Hemphill County

$

Rent Burden

15.8%

of gross income

Max Housing (28% Rule)

$1,681

per month

Owner Cost Burden

14.4%

of gross income

The median home in Hemphill County may be a stretch

Median home value is $214,900. Estimated monthly cost: $1,716 vs. your max of $1,681.

Rent Affordability Guide

Your rent-to-income ratio15.8%
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: $72,052Needed: $37,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,052Needed: $37,071
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,052Needed: $50,013

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 Hemphill County, Texas?
Hemphill County, Texas has a median monthly rent of $946/mo and a median home value of $214,900. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Hemphill County?
The median gross rent in Hemphill County is $946/mo. This is 2% below state average for Texas.
Is Hemphill County affordable?
Hemphill County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hemphill County's rent compare to the state average?
Hemphill County's median rent of $946/mo is 2% below state average of $963/mo for Texas.
What is the median home value in Hemphill County?
The median home value in Hemphill County, Texas is $214,900. This is 24% 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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