Cost of Living in Somervell County, Texas

$927/mo
Median Monthly Rent
$253,600
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$927/mo
4% below state average
Median Home Value
$253,600
10% below national
Rent-to-Income Ratio
26.0%
% 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 Somervell County Compares

Median monthly rent comparison

Somervell County$927/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$927/mo
Median Gross Rent
$253,600
Median Home Value
$856/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Somervell County, Texas

Somervell achieves rare affordability

Somervell County's rent-to-income ratio of 13.3% ranks among the nation's most affordable, with renters spending just one-eighth of their $83,382 median income on housing. The county significantly exceeds national income levels while maintaining below-average rental burdens.

Standout affordability in Texas

Somervell's 13.3% rent-to-income ratio is the strongest among profiled counties and well below Texas's 18.1% average. At $927 monthly rent, the county offers reasonable housing costs aligned with strong household incomes of $83,382.

Best-paid renters with modest costs

Somervell renters earn $83,382—the highest in this group—while paying $927 monthly, less than Smith County's $1,197 and comparable to Sherman's $881. This income-to-cost ratio makes Somervell the region's affordability leader.

Housing takes smallest income share

Somervell renters dedicate only 13.3% of income to housing, leaving substantial resources for other expenses and savings. Homeowners invest $856 monthly in ownership costs—12.3% of median income—while homes value at $253,600.

Affluent and genuinely affordable

Somervell County presents an uncommon combination: the highest median income in this group paired with the lowest housing burden. Professionals relocating here enjoy strong earning power without the affordability squeeze typical of higher-income areas.

Affordability Calculator

See how your income compares to housing costs in Somervell County

$

Rent Burden

13.3%

of gross income

Max Housing (28% Rule)

$1,946

per month

Owner Cost Burden

12.3%

of gross income

The median home in Somervell County may be a stretch

Median home value is $253,600. Estimated monthly cost: $2,025 vs. your max of $1,946.

Rent Affordability Guide

Your rent-to-income ratio13.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Somervell County, Texas?
Somervell County, Texas has a median monthly rent of $927/mo and a median home value of $253,600. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Somervell County?
The median gross rent in Somervell County is $927/mo. This is 4% below state average for Texas.
Is Somervell County affordable?
Somervell County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Somervell County's rent compare to the state average?
Somervell County's median rent of $927/mo is 4% below state average of $963/mo for Texas.
What is the median home value in Somervell County?
The median home value in Somervell County, Texas is $253,600. This is 10% 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.