Cost of Living in Wood County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Wood County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Wood County, Texas
Wood County Rents Beat National Average
At 16.3%, Wood County's rent-to-income ratio sits comfortably below the national average, meaning renters here spend less of their paycheck on housing than typical Americans. The county's median rent of $851 per month is substantially cheaper than the nation's housing squeeze, giving renters more breathing room in their budgets.
More Affordable Than Most Texas Counties
Wood County's 16.3% rent-to-income ratio beats Texas's state average of 18.1%, placing it in the more affordable half of the state's 254 counties. Renters here pay $112 less per month than the Texas median, making this county a relative affordability bright spot.
Wood County's Competitive Housing Market
Compared to neighboring Young County ($849 rent) and Yoakum County ($931 rent), Wood County's $851 median rent keeps pace with similar rural Texas markets. The county's $62,524 median household income is slightly lower than Yoakum County ($82,261) but competitive with Young County ($63,723).
Rent Eats 16% of Income Here
Wood County renters allocate about 16% of their $62,524 annual income to rent, while homeowners dedicate roughly 14% to monthly owner costs of $745. Together, housing consumes roughly 30% of household income for most families—above the recommended 28% threshold but manageable compared to many Texas metros.
Rural Texas Option Worth Exploring
If you're priced out of urban Texas markets, Wood County offers solid affordability without sacrificing stability—rents are low, incomes are steady, and homeownership is accessible at a median value of $195,100. Compare this option to neighboring counties and see if small-town Texas living fits your budget.
Affordability Calculator
See how your income compares to housing costs in Wood County
Rent Burden
16.3%
of gross income
Max Housing (28% Rule)
$1,459
per month
Owner Cost Burden
14.3%
of gross income
The median home in Wood County may be a stretch
Median home value is $195,100. Estimated monthly cost: $1,558 vs. your max of $1,459.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Wood County, Texas?
What is the median rent in Wood County?
Is Wood County affordable?
How does Wood County's rent compare to the state average?
What is the median home value in Wood County?
Planning a Move?
Researching the cost of living in Wood County, Texas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Wood County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.