Cost of Living in Yoakum County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Yoakum County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Yoakum County ranks #1,656 of 3,144 counties for affordability (bottom 47%)
Data Story
About Cost of Living in Yoakum County, Texas
Yoakum County Leads on Affordability
Yoakum County's 13.6% rent-to-income ratio is among the best in America, well below the national threshold where affordability stress begins. With a median household income of $82,261—10% above the national median—residents here enjoy both strong earnings and low relative housing costs.
Texas's Most Affordable County Profile
At 13.6%, Yoakum County's rent-to-income ratio significantly outperforms Texas's 18.1% state average, putting it in the state's top tier for housing affordability. The county's median rent of $931 is just 3% above the state median, but incomes are 10% higher, creating real breathing room.
Outearns and Underspends on Rent
Yoakum County's $82,261 median income tops neighboring Wood County ($62,524) and Young County ($63,723), while its $931 rent sits between Wood County ($851) and Young County ($849). This combination—highest wages, middle-range rents—makes Yoakum County the affordability winner among rural West Texas peers.
Just 14% Goes to Homeownership Costs
Yoakum County renters spend 13.6% of income on rent, while homeowners allocate roughly 9% to monthly costs of $645, the lowest burden in this five-county group. Combined housing costs average around 23%—well below the recommended 28%, giving households substantial savings capacity.
Premium Affordability in West Texas
Yoakum County delivers the rare combination of strong incomes and low housing costs—perfect if you're seeking rural stability without sacrifice. Median home values of $183,000 paired with that solid $82K income make homeownership genuinely accessible here.
Cost of Living Advisory: Yoakum County
Affordability Verdict
Housing in Yoakum County is affordable. The median rent is $931/month against a median household income of $82,261, putting rent at 13.6% of income.
Rent vs. Own
At $931/month rent versus $645/month in owner costs, owning is roughly $286/month cheaper — a 31% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,240/year. For owner costs at the 28% rule, the required income is roughly $27,643/year. With a median household income of $82,261, most households can comfortably afford rent here. Notably, 22.0% of renter households in Yoakum County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Yoakum County sits 6% more expensive than Cherokee County ($880/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Yoakum County
Rent Burden
13.6%
of gross income
Max Housing (28% Rule)
$1,919
per month
Owner Cost Burden
9.4%
of gross income
You can likely afford the median home in Yoakum County
Median home value is $183,000. Estimated monthly cost: $1,461 vs. your max of $1,919.
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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