Cost of Living in Young County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Young County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Young County ranks #1,983 of 3,144 counties for affordability (bottom 37%)
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.
Cost of Living Advisory: Young County
Affordability Verdict
For renters in Young County, the market is affordable. Expect to pay around $849/month in gross rent, with 27.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Young County pay $849/month on average, compared to $817/month for homeowners. This market favors buyers by about 4%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,960/year. For owner costs at the 28% rule, the required income is roughly $35,014/year. With a median household income of $63,723, most households can comfortably afford rent here. Notably, 27.0% of renter households in Young County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Texas, Young County is more affordable than Hale County by roughly 6% ($849/mo vs $798/mo).
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
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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