Cost of Living in Wise County, Texas

$1,239/mo
Median Monthly Rent
$277,200
Median Home Value
29% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,239/mo
29% above state average
Median Home Value
$277,200
2% below national
Rent-to-Income Ratio
27.0%
% 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 Wise County Compares

Median monthly rent comparison

Wise County$1,239/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,239/mo
Median Gross Rent
$277,200
Median Home Value
$1,285/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio16.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wise County, Texas?
Wise County, Texas has a median monthly rent of $1,239/mo and a median home value of $277,200. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Wise County?
The median gross rent in Wise County is $1,239/mo. This is 29% above state average for Texas.
Is Wise County affordable?
Wise County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wise County's rent compare to the state average?
Wise County's median rent of $1,239/mo is 29% above state average of $963/mo for Texas.
What is the median home value in Wise County?
The median home value in Wise County, Texas is $277,200. This is 2% 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.