Cost of Living in Parmer County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Parmer County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Parmer County, Texas
Parmer renters slightly above national norm
Parmer County renters spend 17.9% of income on housing, just under 1 percentage point above the national average. The panhandle county's modest median income of $68,164 means this ratio, while reasonable, requires careful budgeting.
Close to Texas state affordability average
Parmer's 17.9% rent-to-income ratio sits just 0.2 percentage points below Texas's 18.1% state average, making it representative of typical Texas housing burden. Median rent of $1,015 is only 5.4% above the state median of $963.
Moderate costs in panhandle tier
Parmer's $1,015 rent falls between Ochiltree's budget $905 and Oldham's $1,125, positioning it as the panhandle's middle-ground option. Its 17.9% burden is better than Palo Pinto County's 18.9% despite similar income levels.
Housing takes ~18% of gross income
Parmer's median household earns $68,164 yearly and dedicates roughly $12,180 to rent annually. Homeowners spend just $754 monthly on ownership costs—merely 13.3% of income—showing that buyers here enjoy notably better affordability than renters.
Solid option for panhandle relocation
Parmer County works well if you're relocating to the Texas panhandle and value balanced affordability over minimum costs. Renters from higher-burden areas (like Nueces at 22.3%) could save $200+ monthly, while buyers benefit from sub-$130,000 median home values and low ownership ratios.
Affordability Calculator
See how your income compares to housing costs in Parmer County
Rent Burden
17.9%
of gross income
Max Housing (28% Rule)
$1,590
per month
Owner Cost Burden
13.3%
of gross income
You can likely afford the median home in Parmer County
Median home value is $127,300. Estimated monthly cost: $1,016 vs. your max of $1,590.
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.