Cost of Living in Knox County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Knox County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Knox County ranks #1,695 of 3,144 counties for affordability (bottom 46%)
Data Story
About Cost of Living in Knox County, Texas
Knox County rents are a bargain
With a rent-to-income ratio of 14.1%, Knox County residents spend significantly less on housing than the typical American household. This falls well below the national affordability threshold of 30%, making it one of the most accessible rental markets in the country.
Among Texas's most affordable
Knox County's 14.1% rent-to-income ratio beats Texas's state average of 18.1%, ranking it in the upper tier of housing affordability across all 254 Texas counties. Median rent here is just $661 monthly—30% cheaper than the state average of $963.
A regional housing bargain
Knox County offers some of the lowest rents in its region, with neighbors like Lamar County ($897/month) and Leon County ($798/month) charging substantially more. Its $661 monthly rent and modest $66,800 median home value make it particularly attractive to budget-conscious renters and first-time homebuyers.
Where your housing dollar goes
Knox County residents with a median household income of $56,304 allocate just $661 to rent or $597 to mortgage payments monthly. This means the typical household dedicates only 14% of income to rental housing or slightly over 12% to ownership—leaving substantial room for other expenses.
Consider Knox for affordability
If you're relocating on a modest budget, Knox County's combination of low rents, affordable home prices, and minimal housing-cost burden makes it worth serious consideration. Compare it against nearby alternatives like Leon County ($798 rent) or Lamar County ($897 rent) to find your best fit.
Cost of Living Advisory: Knox County
Affordability Verdict
Knox County offers affordable rental housing at a median of $661/month — about 14.1% of the typical household income here.
Rent vs. Own
The median rent in Knox County is $661/month, while owner costs run $597/month. Owning saves approximately $64/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,440/year. For owner costs at the 28% rule, the required income is roughly $25,586/year. With a median household income of $56,304, most households can comfortably afford rent here. Notably, 19.0% of renter households in Knox County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Texas, Knox County is more affordable than Hall County by roughly 8% ($661/mo vs $610/mo).
Affordability Calculator
See how your income compares to housing costs in Knox County
Rent Burden
14.1%
of gross income
Max Housing (28% Rule)
$1,314
per month
Owner Cost Burden
12.7%
of gross income
You can likely afford the median home in Knox County
Median home value is $66,800. Estimated monthly cost: $533 vs. your max of $1,314.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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