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Cost of Living in Stephenville, TX

Population 21,682 · Census ACS 2020–2024 5-year estimates

Median rent$1,134
Median home value$241,300
Median household income$53,015

The median rent in Stephenville, TX is $1,134/month, 19% lower than the Texas median and 20% lower than the U.S. median. The median home value is $241,300, 27% lower than the national median. Households earn a median of $53,015 a year, 32% lower than the state median.

Affordability

Rent as a share of median income: 25.7%
Income needed for median rent (30% rule): $45,360/yr
Home price-to-income ratio: 4.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,220/mo

Run your own numbers: mortgage calculator · hourly to salary

Stephenville vs. Texas vs. U.S.

StephenvilleTexasU.S.
Median rent$1,134$1,403$1,413
Median home value$241,300$283,800$332,700
Median household income$53,015$78,476$80,734
Homeownership rate44.3%62.6%65.2%
Bachelor's degree or higher33.3%33.8%35.7%
Poverty rate20.0%13.8%12.5%
Unemployment rate7.3%5.3%5.2%
Work from home4.0%14.4%15.1%
Median age25.135.638.9

FAQ

What is the average rent in Stephenville, TX?

The median gross rent in Stephenville, TX is $1,134 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $45,360 a year in gross income.

Is Stephenville, TX expensive to live in?

Rent there is 20% lower than the U.S. median, and the median home costs about 4.6 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

Jackson, TNRent $1,145 · Income $53,032Springfield, MARent $1,144 · Income $52,656Terrytown, LARent $1,135 · Income $51,718Hagerstown, MDRent $1,114 · Income $52,221Whitehall, OHRent $1,145 · Income $51,759Garfield Heights, OHRent $1,129 · Income $54,593

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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