Cost of Living in Wheeler County, Texas

$995/mo
Median Monthly Rent
$97,600
Median Home Value

At a Glance

Median Monthly Rent
$995/mo
3% above state average
Median Home Value
$97,600
65% below national
Rent-to-Income Ratio
31.0%
% 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 Wheeler County Compares

Median monthly rent comparison

Wheeler County$995/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$995/mo
Median Gross Rent
$97,600
Median Home Value
$568/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Wheeler County ranks #1,723 of 3,144 counties for affordability (bottom 45%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Wheeler County, Texas

Wheeler's Housing Stays Affordable

Wheeler County renters spend 17.6% of their income on housing—well below the national affordability sweet spot and nearly a full point better than Texas's average of 18.1%. At $995 monthly rent against a $67,964 median household income, Wheeler offers more breathing room than most American counties.

Middle Ground in Texas Rankings

Wheeler ranks in the middle tier of Texas affordability, outperforming nearly half the state's counties while trailing more prosperous urban centers. The county's 17.6% rent-to-income ratio places it solidly in the affordable camp compared to Texas's 18.1% state average.

Competitive With the Panhandle

Wheeler's $995 monthly rent exceeds the Texas state average of $963 by just $32, making it comparable to nearby Panhandle communities. Homeownership here is cheaper than renting—a $568 monthly mortgage payment versus that $995 rent—giving buyers a genuine advantage.

Renters Pay 17.6%, Owners Much Less

For renters, $995 monthly rent consumes 17.6% of the typical $67,964 household income, leaving adequate funds for other expenses. Homeowners fare better: their $568 monthly payment represents just 10% of income, with median homes valued at $97,600.

Affordable Living With Rural Character

If you're seeking lower housing costs without sacrificing affordability, Wheeler County delivers—rents are reasonable and home prices hover near $98,000. The county's 17.6% rent-to-income ratio beats the national norm, making it worth a closer look for budget-conscious relocators.

Cost of Living Advisory: Wheeler County

Affordability Verdict

Housing in Wheeler County is affordable. The median rent is $995/month against a median household income of $67,964, putting rent at 17.6% of income.

Rent vs. Own

Renters in Wheeler County pay $995/month on average, compared to $568/month for homeowners. This market favors buyers by about 43%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $39,800/year. For owner costs at the 28% rule, the required income is roughly $24,343/year. With a median household income of $67,964, most households can comfortably afford rent here. Notably, 31.0% of renter households in Wheeler County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Wheeler County sits 5% less expensive than Lee County ($1,050/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Wheeler County

$

Rent Burden

17.6%

of gross income

Max Housing (28% Rule)

$1,586

per month

Owner Cost Burden

10.0%

of gross income

You can likely afford the median home in Wheeler County

Median home value is $97,600. Estimated monthly cost: $779 vs. your max of $1,586.

Rent Affordability Guide

Your rent-to-income ratio17.6%
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: $67,964Needed: $39,800
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,964Needed: $24,343
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,964Needed: $22,714

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 Wheeler County, Texas?
Wheeler County, Texas has a median monthly rent of $995/mo and a median home value of $97,600. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Wheeler County?
The median gross rent in Wheeler County is $995/mo. This is 3% above state average for Texas.
Is Wheeler County affordable?
Wheeler County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wheeler County's rent compare to the state average?
Wheeler County's median rent of $995/mo is 3% above state average of $963/mo for Texas.
What is the median home value in Wheeler County?
The median home value in Wheeler County, Texas is $97,600. This is 65% 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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