Key Economic Benchmarks
Median Household Income
$59,063$4,922 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Cottle County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Cottle County, TX
Official FY2026 HUD Fair Market Rents for Cottle County, TX. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $789 | $9,468 | $31,560 | 16% |
| 1-Bedroom Apartment | $811 | $9,732 | $32,440 | 16.5% |
| 2-Bedroom ApartmentBenchmark | $1,015 | $12,180 | $40,600 | 20.6% |
| 3-Bedroom Home | $1,321 | $15,852 | $52,840 | 26.8% |
| 4-Bedroom Home | $1,493 | $17,916 | $59,720 | 30.3% |
50/30/20 Living Budget in Cottle County, TX
Based on the local median household income of $59,063/year ($4,922/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Texas
Explore net income after federal income tax, FICA, and Texas state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Texas with official federal datasets:
Frequently Asked Questions About Living in Cottle County, TX
What is the median household income in Cottle County, TX?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Cottle County, TX is $59,063 per year (approximately $4,922 per month).
What is the average rent in Cottle County, TX?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Cottle County, TX are $789 for a studio, $811 for 1 bedroom, $1,015 for 2 bedrooms, $1,321 for 3 bedrooms, and $1,493 for 4 bedrooms.
How does the cost of living in Cottle County, TX compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Cottle County, TX is 97.1 (2.9% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Cottle County, TX?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,015/month) in Cottle County, TX requires a minimum gross household income of $40,600 per year ($3,383 per month).
What is a balanced 50/30/20 monthly budget in Cottle County, TX?
For a typical household earning the median income of $59,063/year ($4,922/month) in Cottle County, TX, a balanced 50/30/20 budget allocates $2,461/month to essential needs (rent, utilities, groceries), $1,477/month to discretionary spending, and $984/month to savings and debt repayment.
What are typical electricity and utility costs in Cottle County, TX?
Residential electricity rates in Texas average 15.9¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $143 per month.