Cost of Living in Hood 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 Hood County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hood County ranks #2,771 of 3,142 counties for affordability (bottom 12%)
Sourced county brief
Hood County Median Monthly Owner Costs Reach $1,313
The median selected monthly owner cost for all owner-occupied units in Hood County was estimated at $1,313. This figure is $436 higher than the Texas unweighted county mean of $877. The median gross rent in the county was recorded at $1,428 per month, which is $433 above the state unweighted county mean of $995. The official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) was 28.5%, which is 1.6 percentage points higher than the state unweighted county mean GRAPI of 26.9%. The median home value in Hood County was recorded at $306,400, compared to the state unweighted county mean of $185,237. For households that rent, the median renter-household income was $58,245. These statistics represent a snapshot from the 2020-2024 American Community Survey 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: Hood County
Affordability Verdict
ACS B25071 estimates median gross rent at 28.5% of renter household income in Hood 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 $1,428 per month; median selected monthly owner costs are $1,313. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $57,120 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. Hood County's $1,428 median is 43.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Hood County
Rent Burden
19.4%
of gross income
Max Housing (28% Rule)
$2,057
per month
Owner Cost Burden
17.9%
of gross income
The median home in Hood County may be a stretch
Median home value is $306,400. Estimated monthly cost: $2,446 vs. your max of $2,057.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Hood County, Texas?
What is the median rent in Hood County?
Is Hood County affordable?
How does Hood County's rent compare to the state average?
What is the median home value in Hood County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Hood County, Texas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Hood County
Whether you're buying in Hood County, Texas, or refinancing, compare rates from top lenders using the terms each lender provides.
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.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.