Cost of Living in Hockley 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 Hockley County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hockley County ranks #1,181 of 3,142 counties for affordability (top 38%)
Sourced county brief
Hockley County GRAPI Estimated Below State Unweighted Mean
The official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) in Hockley County was estimated at 24.3%. This is 2.6 percentage points lower than the Texas unweighted county mean GRAPI of 26.9%. The median gross rent in the county was recorded at $850 per month, which is $145 below the state unweighted county mean of $995. For owner-occupied units, the median selected monthly owner cost was $722, compared to the state unweighted county mean of $877. The median home value was recorded at $127,000, which is $58,237 lower than the state unweighted county mean of $185,237. Renter households in the county had a median income of $40,915 during the 2020-2024 survey period. These figures represent a snapshot of housing costs from the American Community Survey. 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: Hockley County
Affordability Verdict
ACS B25071 estimates median gross rent at 24.3% of renter household income in Hockley 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 $850 per month; median selected monthly owner costs are $722. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $34,000 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. Hockley County's $850 median is 14.6% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hockley County
Rent Burden
16.2%
of gross income
Max Housing (28% Rule)
$1,473
per month
Owner Cost Burden
13.7%
of gross income
You can likely afford the median home in Hockley County
Median home value is $127,000. Estimated monthly cost: $1,014 vs. your max of $1,473.
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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