Cost of Living in Terry County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Terry County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Terry County ranks #903 of 3,142 counties for affordability (top 29%)
Sourced county brief
Terry County official rent burden reaches 31.7 percent
The official rentBurdenGrapiPct in Terry County was 31.7%, as reported by the 2020-2024 ACS 5-year estimates. This figure is 4.8 percentage points higher than the Texas unweighted county mean of 26.9%. Median gross rent in the county was estimated at $817 per month, which is $178 below the state unweighted mean of $995. For owner-occupied housing, the median home value was $105,400, compared to the state unweighted county mean of $185,237. Median selected monthly owner costs were $679, while the state unweighted mean was $877. The median income for renter households was $34,030. These statistics are based on the five-year survey period ending in 2024. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Terry County
Affordability Verdict
ACS B25071 estimates median gross rent at 31.7% of renter household income in Terry County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $817 per month; median selected monthly owner costs are $679. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Texas unweighted mean of county median rents is $995 per month. Terry County's $817 median is 17.9% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Terry County
Rent Burden
22.2%
of gross income
Max Housing (28% Rule)
$1,029
per month
Owner Cost Burden
18.5%
of gross income
You can likely afford the median home in Terry County
Median home value is $105,400. Estimated monthly cost: $841 vs. your max of $1,029.
Rent Affordability Guide
Income Needed Calculator
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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 (2020-2024). Data is informational only and is not personalized financial advice.
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