Cost of Living in Young County, Texas

$849/mo
Median Monthly Rent
$165,300
Median Home Value
12% below state averageUnaffordable

At a Glance

Median Monthly Rent
$849/mo
12% below state average
Median Home Value
$165,300
41% 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 Young County Compares

Median monthly rent comparison

Young County$849/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$849/mo
Median Gross Rent
$165,300
Median Home Value
$817/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Young County, Texas

Young County Beats the National Housing Crunch

Young County's 16.0% rent-to-income ratio undercuts the national housing affordability crisis, where many Americans spend 20%+ of income on rent. At $849 monthly rent against a $63,723 median income, renters here are in significantly better shape than typical U.S. counterparts.

More Affordable Than Most of Texas

Young County's 16.0% rent-to-income ratio beats Texas's 18.1% average, positioning the county among the state's more affordable rural markets. Renters pay $114 less per month than the state median, a meaningful difference for working families.

Balanced Market Between County Peers

Young County's $849 rent nearly matches Wood County ($851) and undercuts Yoakum County ($931), while its $63,723 income is similar to Wood County but trails Yoakum County's $82,261. It represents a middle ground for families seeking rural North-Central Texas affordability.

Housing Takes 31% of Young County Budgets

Renters allocate 16% of income to rent, while homeowners spend roughly 15% on monthly costs of $817—the highest owner burden in this group. Combined, housing consumes about 31% of household income, slightly above the 28% comfort zone but reflective of modest incomes in rural areas.

Solid Middle Option in North-Central Texas

Young County offers straightforward rural affordability with reasonable rents and achievable homeownership at median values of $165,300. If you want small-town living without extreme price pressure, compare Young County's $849 rent against neighboring markets.

Affordability Calculator

See how your income compares to housing costs in Young County

$

Rent Burden

16.0%

of gross income

Max Housing (28% Rule)

$1,487

per month

Owner Cost Burden

15.4%

of gross income

You can likely afford the median home in Young County

Median home value is $165,300. Estimated monthly cost: $1,320 vs. your max of $1,487.

Rent Affordability Guide

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

Frequently Asked Questions

What is the cost of living in Young County, Texas?
Young County, Texas has a median monthly rent of $849/mo and a median home value of $165,300. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Young County?
The median gross rent in Young County is $849/mo. This is 12% below state average for Texas.
Is Young County affordable?
Young 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 Young County's rent compare to the state average?
Young County's median rent of $849/mo is 12% below state average of $963/mo for Texas.
What is the median home value in Young County?
The median home value in Young County, Texas is $165,300. This is 41% 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.