Cost of Living in Polk County, Texas

$1,009/mo
Median Monthly Rent
$154,000
Median Home Value
5% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,009/mo
5% above state average
Median Home Value
$154,000
45% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Polk County Compares

Median monthly rent comparison

Polk County$1,009/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,009/mo
Median Gross Rent
$154,000
Median Home Value
$655/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Polk County, Texas

Polk renters stretch further for housing

Polk County's 20.5% rent-to-income ratio sits above both the Texas average of 18.1% and reflects tighter affordability for renters. With median income at $59,066—significantly below the national median of $74,755—renters here dedicate more of their earnings to the $1,009 monthly rent.

Mid-range affordability among Texas counties

Polk County's rent burden puts it in the middle-to-upper range of Texas counties, where affordability challenges are becoming more common. The county's lower median income relative to state averages amplifies the impact of housing costs on household finances.

Slightly pricier than surrounding areas

Polk County's $1,009 median rent exceeds the Texas state average of $963 by about $46 monthly, placing it on the higher end for this region. Neighboring counties offer comparable or lower rents, making cross-county comparisons worthwhile for budget-conscious renters.

Owning costs less than renting here

Homeowners in Polk pay $655 monthly compared to renters' $1,009—a stark $354 difference that reflects the ownership advantage in this market. With a median home value of $154,000 and median income at $59,066, buying remains challenging but rewarding for those who can afford it.

Polk works best for homebuyers

If you're relocating to Polk County, plan ahead: rents are above average, but ownership costs are competitive and build equity. Compare Polk's numbers against lower-rent alternatives on this list before committing.

Affordability Calculator

See how your income compares to housing costs in Polk County

$

Rent Burden

20.5%

of gross income

Max Housing (28% Rule)

$1,378

per month

Owner Cost Burden

13.3%

of gross income

You can likely afford the median home in Polk County

Median home value is $154,000. Estimated monthly cost: $1,229 vs. your max of $1,378.

Rent Affordability Guide

Your rent-to-income ratio20.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Polk County, Texas?
Polk County, Texas has a median monthly rent of $1,009/mo and a median home value of $154,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Polk County?
The median gross rent in Polk County is $1,009/mo. This is 5% above state average for Texas.
Is Polk County affordable?
Polk County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Polk County's rent compare to the state average?
Polk County's median rent of $1,009/mo is 5% above state average of $963/mo for Texas.
What is the median home value in Polk County?
The median home value in Polk County, Texas is $154,000. This is 45% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.