Cost of Living in Nolan County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Nolan County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Nolan County ranks #2,803 of 3,144 counties for affordability (bottom 11%)
Data Story
About Cost of Living in Nolan County, Texas
Nolan County shows moderate affordability stress
Nolan County renters spend 20.7% of income on housing, exceeding the Texas average of 18.1% and indicating measurable affordability strain. The $50,160 median household income falls well below the national average, limiting financial flexibility for housing-cost shocks.
Above-average Texas housing burden
Nolan County's 20.7% rent-to-income ratio ranks above the state average, placing it among Texas's less affordable counties. The median home value of $98,300 offers accessible homeownership but with limited margin for household financial stress.
Nolan balanced between extremes
Nolan County's $866 median rent falls between Motley County ($725) and Navarro County ($1,039), while its $50,160 median income is the region's lowest. This combination produces a middle-range affordability challenge at 20.7%, better than Navarro/Newton but worse than Motley/Moore.
Nolan's housing-budget allocation
Renters dedicate $866 monthly while homeowners pay $674 against a $50,160 median household income. At just over one-fifth of income consumed by rent, Nolan households face real budgeting constraints and limited savings capacity.
Nolan County for calculated relocators
Nolan County's 20.7% rent-to-income ratio suggests affordability challenges; consider it primarily if relocating from a more expensive area or with clear employment prospects exceeding the county median. If you're currently spending 20% or less on housing, carefully evaluate whether a move here makes financial sense.
Cost of Living Advisory: Nolan County
Affordability Verdict
Nolan County is affordable for renters, with a median gross rent of $866/month representing approximately 20.7% of median household income. The rent burden (GRAPI) stands at 28.0%.
Rent vs. Own
Renters in Nolan County pay $866/month on average, compared to $674/month for homeowners. This market favors buyers by about 22%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,640/year. For owner costs at the 28% rule, the required income is roughly $28,886/year. With a median household income of $50,160, most households can comfortably afford rent here. Notably, 28.0% of renter households in Nolan County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Concho County where rent averages $919/month, Nolan County is approximately 6% less expensive.
Affordability Calculator
See how your income compares to housing costs in Nolan County
Rent Burden
20.7%
of gross income
Max Housing (28% Rule)
$1,170
per month
Owner Cost Burden
16.1%
of gross income
You can likely afford the median home in Nolan County
Median home value is $98,300. Estimated monthly cost: $785 vs. your max of $1,170.
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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