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Cost of Living in Alton, TX

Population 20,214 · Census ACS 2020–2024 5-year estimates

Median rent$1,038
Median home value$156,300
Median household income$52,715

The median rent in Alton, TX is $1,038/month, 26% lower than the Texas median and 27% lower than the U.S. median. The median home value is $156,300, 53% lower than the national median. Households earn a median of $52,715 a year, 33% lower than the state median.

Affordability

Rent as a share of median income: 23.6%
Income needed for median rent (30% rule): $41,520/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $790/mo

Run your own numbers: mortgage calculator · hourly to salary

Alton vs. Texas vs. U.S.

AltonTexasU.S.
Median rent$1,038$1,403$1,413
Median home value$156,300$283,800$332,700
Median household income$52,715$78,476$80,734
Homeownership rate55.0%62.6%65.2%
Bachelor's degree or higher14.2%33.8%35.7%
Poverty rate27.5%13.8%12.5%
Unemployment rate8.3%5.3%5.2%
Work from home11.5%14.4%15.1%
Median age26.135.638.9

FAQ

What is the average rent in Alton, TX?

The median gross rent in Alton, TX is $1,038 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Alton, TX?

Using the common 30% rule, renting a median-priced home takes about $41,520 a year in gross income.

Is Alton, TX expensive to live in?

Rent there is 27% lower than the U.S. median, and the median home costs about 3.0 times the median household income.

Other cities in Texas

Houston, TXRent $1,361 · Income $64,813San Antonio, TXRent $1,324 · Income $65,056Dallas, TXRent $1,472 · Income $70,518Austin, TXRent $1,729 · Income $93,658Fort Worth, TXRent $1,509 · Income $79,507El Paso, TXRent $1,073 · Income $59,745

Cities with a similar cost of living

Grandview, MORent $1,035 · Income $53,447El Centro, CARent $1,052 · Income $53,082Painesville, OHRent $1,036 · Income $51,516North Little Rock, ARRent $1,069 · Income $52,707Holyoke, MARent $1,021 · Income $53,605Rome, GARent $1,032 · Income $54,435

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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