Cost of Living in Lynn County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lynn County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Lynn County, Texas
Lynn's rents run slightly above national norms
Lynn County renters spend 19.5% of household income on housing, exceeding national averages and indicating moderate affordability pressure. At $933/month rent paired with a $57,411 median household income, Lynn residents face noticeably tighter housing budgets than typical Americans.
Above Texas average but not extreme
Lynn's 19.5% rent-to-income ratio exceeds Texas's 18.1% state average, placing it among less affordable state counties though not among the extremes. Rents run $30 above the Texas median, reflecting moderate demand pressure in a region with lower-than-average incomes.
Middle-of-the-pack affordability challenge
Lynn's 19.5% ratio sits between affordability leaders Lipscomb (13.6%) and Limestone (17.2%), and alongside Liberty (19.2%), while beating pressured counties Live Oak (21.1%) and Lubbock (21.5%). Lynn represents the regional middle ground on housing stress.
Homeownership offers modest monthly savings
Lynn homeowners with median home value of $130,800 pay $698/month, saving $235 monthly compared to renters ($933/month). Ownership consumes about 14.6% of household income versus 19.5% for renters, making the mortgage path measurably more affordable.
Lynn suits homebuyers on tight budgets
If you're ready to buy and seeking modest home values with meaningful monthly savings, Lynn County delivers solid value relative to its peer group. Budget-conscious homebuyers will find their dollars stretch here better than renting, though renters should carefully weigh monthly costs against their income.
Affordability Calculator
See how your income compares to housing costs in Lynn County
Rent Burden
19.5%
of gross income
Max Housing (28% Rule)
$1,340
per month
Owner Cost Burden
14.6%
of gross income
You can likely afford the median home in Lynn County
Median home value is $130,800. Estimated monthly cost: $1,044 vs. your max of $1,340.
Rent Affordability Guide
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.