Cost of Living in Wood County, TX
Population 46,961 · Census ACS 2020–2024 5-year estimates
The median rent in Wood County, TX is $862/month, 39% lower than the Texas median and 39% lower than the U.S. median. The median home value is $216,500, 35% lower than the national median. Households earn a median of $60,300 a year, 23% lower than the state median.
Affordability
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Wood County vs. Texas vs. U.S.
| Wood County | Texas | U.S. | |
|---|---|---|---|
| Median rent | $862 | $1,403 | $1,413 |
| Median home value | $216,500 | $283,800 | $332,700 |
| Median household income | $60,300 | $78,476 | $80,734 |
| Homeownership rate | 80.1% | 62.6% | 65.2% |
| Bachelor's degree or higher | 21.5% | 33.8% | 35.7% |
| Poverty rate | 12.5% | 13.8% | 12.5% |
| Unemployment rate | 6.3% | 5.3% | 5.2% |
| Work from home | 10.6% | 14.4% | 15.1% |
| Median age | 48.5 | 35.6 | 38.9 |
FAQ
What is the average rent in Wood County, TX?
The median gross rent in Wood County, TX is $862 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Wood County, TX?
Using the common 30% rule, renting a median-priced home takes about $34,480 a year in gross income.
Is Wood County, TX expensive to live in?
Rent there is 39% lower than the U.S. median, and the median home costs about 3.6 times the median household income.
Other counties in Texas
Counties with a similar cost of living
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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