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Cost of Living in Fannin County, TX

Population 37,326 · Census ACS 2020–2024 5-year estimates

Median rent$1,035
Median home value$233,700
Median household income$72,295

The median rent in Fannin County, TX is $1,035/month, 26% lower than the Texas median and 27% lower than the U.S. median. The median home value is $233,700, 30% lower than the national median. Households earn a median of $72,295 a year, 8% lower than the state median.

Affordability

Rent as a share of median income: 17.2%
Income needed for median rent (30% rule): $41,400/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,182/mo

Run your own numbers: mortgage calculator · hourly to salary

Fannin County vs. Texas vs. U.S.

Fannin CountyTexasU.S.
Median rent$1,035$1,403$1,413
Median home value$233,700$283,800$332,700
Median household income$72,295$78,476$80,734
Homeownership rate78.7%62.6%65.2%
Bachelor's degree or higher19.5%33.8%35.7%
Poverty rate13.7%13.8%12.5%
Unemployment rate5.0%5.3%5.2%
Work from home13.5%14.4%15.1%
Median age41.035.638.9

FAQ

What is the average rent in Fannin County, TX?

The median gross rent in Fannin County, TX is $1,035 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $41,400 a year in gross income.

Is Fannin County, TX expensive to live in?

Rent there is 27% lower than the U.S. median, and the median home costs about 3.2 times the median household income.

Other counties in Texas

Harris County, TXRent $1,401 · Income $74,983Dallas County, TXRent $1,565 · Income $76,547Tarrant County, TXRent $1,547 · Income $84,207Bexar County, TXRent $1,354 · Income $72,341Travis County, TXRent $1,744 · Income $99,611Collin County, TXRent $1,859 · Income $121,600

Counties with a similar cost of living

Asotin County, WARent $1,043 · Income $72,283Lonoke County, ARRent $1,025 · Income $72,828Summit County, OHRent $1,026 · Income $71,622Washington County, NYRent $1,033 · Income $73,495St. Clair County, MIRent $1,029 · Income $71,270Waldo County, MERent $1,021 · Income $72,782

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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