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Cost of Living in Polk County, TX

Population 52,800 · Census ACS 2020–2024 5-year estimates

Median rent$987
Median home value$184,800
Median household income$62,259

The median rent in Polk County, TX is $987/month, 30% lower than the Texas median and 30% lower than the U.S. median. The median home value is $184,800, 44% lower than the national median. Households earn a median of $62,259 a year, 21% lower than the state median.

Affordability

Rent as a share of median income: 19.0%
Income needed for median rent (30% rule): $39,480/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $934/mo

Run your own numbers: mortgage calculator · hourly to salary

Polk County vs. Texas vs. U.S.

Polk CountyTexasU.S.
Median rent$987$1,403$1,413
Median home value$184,800$283,800$332,700
Median household income$62,259$78,476$80,734
Homeownership rate78.1%62.6%65.2%
Bachelor's degree or higher16.2%33.8%35.7%
Poverty rate17.5%13.8%12.5%
Unemployment rate8.1%5.3%5.2%
Work from home7.4%14.4%15.1%
Median age44.035.638.9

FAQ

What is the average rent in Polk County, TX?

The median gross rent in Polk County, TX is $987 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $39,480 a year in gross income.

Is Polk County, TX expensive to live in?

Rent there is 30% lower than the U.S. median, and the median home costs about 3.0 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

Genesee County, MIRent $989 · Income $62,281Vanderburgh County, INRent $985 · Income $61,648Greene County, MORent $989 · Income $61,479Yuma County, AZRent $993 · Income $62,876Madison County, GARent $972 · Income $61,963Washington County, TNRent $1,005 · Income $62,809

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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