Cost of Living in Throckmorton County, Texas

$548/mo
Median Monthly Rent
$84,200
Median Home Value

At a Glance

Median Monthly Rent
$548/mo
43% below state average
Median Home Value
$84,200
70% below national
Rent-to-Income Ratio
19.0%
% 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 Throckmorton County Compares

Median monthly rent comparison

Throckmorton County$548/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$548/mo
Median Gross Rent
$84,200
Median Home Value
$475/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Throckmorton County ranks #835 of 3,144 counties for affordability (top 27%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Throckmorton County, Texas

Throckmorton nails the affordability sweet spot

Throckmorton County's 11.2% rent-to-income ratio ranks among Texas's best, sitting well below the state average of 18.1% and the national benchmark. With median rent of just $548 and household income of $58,864, residents enjoy genuine housing security with minimal budget strain.

Among Texas's most affordable counties

Throckmorton ranks in the top tier of Texas counties for housing affordability, with its 11.2% rent-to-income ratio matching or beating nearly all other rural West Texas markets. Few Texas counties combine such low absolute rents with reasonable income stability.

Cheapest rents in the surrounding region

Throckmorton's $548 median rent is the lowest across all neighboring West Texas counties, while owner costs of $475 monthly offer homeownership at rural-county prices. The county represents the affordability ceiling for the entire region.

Housing costs barely dent budgets

Renters spend just 11.2% of their $58,864 median income on housing, or $548 monthly, leaving substantial room for savings and other necessities. Homeowners allocate approximately 9.7% to monthly payments on a median $84,200 home, among Texas's most favorable ratios.

Hidden gem for budget-conscious relocators

Throckmorton County is ideal for remote workers, retirees, or anyone prioritizing housing affordability over urban amenities—you'll find genuine financial breathing room here. If you can work from anywhere, this tiny county's combination of cheap housing and reasonable income makes it an underrated relocation opportunity.

Cost of Living Advisory: Throckmorton County

Affordability Verdict

Housing in Throckmorton County is affordable. The median rent is $548/month against a median household income of $58,864, putting rent at 11.2% of income.

Rent vs. Own

At $548/month rent versus $475/month in owner costs, owning is roughly $73/month cheaper — a 13% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $21,920/year. For owner costs at the 28% rule, the required income is roughly $20,357/year. With a median household income of $58,864, most households can comfortably afford rent here. Notably, 19.0% of renter households in Throckmorton County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Texas, Throckmorton County is more affordable than Brooks County by roughly 13% ($548/mo vs $487/mo).

Affordability Calculator

See how your income compares to housing costs in Throckmorton County

$

Rent Burden

11.2%

of gross income

Max Housing (28% Rule)

$1,373

per month

Owner Cost Burden

9.7%

of gross income

You can likely afford the median home in Throckmorton County

Median home value is $84,200. Estimated monthly cost: $672 vs. your max of $1,373.

Rent Affordability Guide

Your rent-to-income ratio11.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,864Needed: $21,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,864Needed: $20,357
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,864Needed: $19,596

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

What is the cost of living in Throckmorton County, Texas?
Throckmorton County, Texas has a median monthly rent of $548/mo and a median home value of $84,200. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Throckmorton County?
The median gross rent in Throckmorton County is $548/mo. This is 43% below state average for Texas.
Is Throckmorton County affordable?
Throckmorton County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Throckmorton County's rent compare to the state average?
Throckmorton County's median rent of $548/mo is 43% below state average of $963/mo for Texas.
What is the median home value in Throckmorton County?
The median home value in Throckmorton County, Texas is $84,200. This is 70% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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