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Cost of Living in Gaines County, TX

Population 22,232 · Census ACS 2020–2024 5-year estimates

Median rent$789
Median home value$200,700
Median household income$74,132

The median rent in Gaines County, TX is $789/month, 44% lower than the Texas median and 44% lower than the U.S. median. The median home value is $200,700, 40% lower than the national median. Households earn a median of $74,132 a year, 6% lower than the state median.

Affordability

Rent as a share of median income: 12.8%
Income needed for median rent (30% rule): $31,560/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,015/mo

Run your own numbers: mortgage calculator · hourly to salary

Gaines County vs. Texas vs. U.S.

Gaines CountyTexasU.S.
Median rent$789$1,403$1,413
Median home value$200,700$283,800$332,700
Median household income$74,132$78,476$80,734
Homeownership rate74.6%62.6%65.2%
Bachelor's degree or higher11.7%33.8%35.7%
Poverty rate6.8%13.8%12.5%
Unemployment rate2.4%5.3%5.2%
Work from home3.0%14.4%15.1%
Median age29.335.638.9

FAQ

What is the average rent in Gaines County, TX?

The median gross rent in Gaines County, TX is $789 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $31,560 a year in gross income.

Is Gaines County, TX expensive to live in?

Rent there is 44% lower than the U.S. median, and the median home costs about 2.7 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

Mercer County, ILRent $786 · Income $74,182Osage County, KSRent $785 · Income $74,467Jones County, IARent $784 · Income $73,531Ray County, MORent $782 · Income $74,573Oconto County, WIRent $791 · Income $75,049Jackson County, IARent $807 · Income $74,186

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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