Cost of Living in Wise County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Wise County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Wise County ranks #2,785 of 3,144 counties for affordability (bottom 11%)
Data Story
About Cost of Living in Wise County, Texas
Wise Balances Costs and Strong Incomes
Wise County renters spend 16.5% of their income on housing—below the Texas average of 18.1% and solidly in the affordable range. With a $89,897 median household income and $1,239 monthly rent, the county delivers comfortable housing economics.
Above-Average Affordability in Texas
Wise ranks in the upper affordability tier across Texas counties, with a 16.5% rent-to-income ratio that outperforms the state average of 18.1%. The county's strong income base supports its higher absolute housing costs.
Higher Rents, Higher Incomes
Wise's $1,239 monthly rent exceeds the Texas state average of $963 by $276, reflecting Dallas-Fort Worth suburban demand and proximity to job centers. The $89,897 median household income—20% above the national average—makes those premium rents manageable.
16.5% to Housing, Strong Budgets
Renters in Wise spend $1,239 monthly from an $89,897 household income—16.5%—leaving $6,202 monthly for other priorities and savings. Homeowners invest $1,285 monthly in median-valued homes at $277,200, typical for suburban Dallas County communities.
Suburban Comfort With Solid Affordability
Wise County's 16.5% rent-to-income ratio and $89,897 median income make it an attractive option for relocators seeking Dallas-area proximity with manageable housing costs. If your job move keeps you near the county median, you'll enjoy excellent suburban affordability and substantial lifestyle flexibility.
Cost of Living Advisory: Wise County
Affordability Verdict
Housing in Wise County is affordable. The median rent is $1,239/month against a median household income of $89,897, putting rent at 16.5% of income.
Rent vs. Own
Renters in Wise County pay $1,239/month on average, compared to $1,285/month for homeowners. This market favors renters by about 4%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $49,560/year. For owner costs at the 28% rule, the required income is roughly $55,071/year. With a median household income of $89,897, most households can comfortably afford rent here. Notably, 27.0% of renter households in Wise County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Bexar County where rent averages $1,290/month, Wise County is approximately 4% less expensive.
Affordability Calculator
See how your income compares to housing costs in Wise County
Rent Burden
16.5%
of gross income
Max Housing (28% Rule)
$2,098
per month
Owner Cost Burden
17.2%
of gross income
The median home in Wise County may be a stretch
Median home value is $277,200. Estimated monthly cost: $2,213 vs. your max of $2,098.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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