Key Economic Benchmarks
Median Household Income
$71,500$5,958 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Dallam County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Dallam County, TX
Official FY2026 HUD Fair Market Rents for Dallam 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 | $910 | $10,920 | $36,400 | 15.3% |
| 1-Bedroom Apartment | $1,067 | $12,804 | $42,680 | 17.9% |
| 2-Bedroom ApartmentBenchmark | $1,170 | $14,040 | $46,800 | 19.6% |
| 3-Bedroom Home | $1,558 | $18,696 | $62,320 | 26.1% |
| 4-Bedroom Home | $1,721 | $20,652 | $68,840 | 28.9% |
50/30/20 Living Budget in Dallam County, TX
Based on the local median household income of $71,500/year ($5,958/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 Dallam County, TX
What is the median household income in Dallam County, TX?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Dallam County, TX is $71,500 per year (approximately $5,958 per month).
What is the average rent in Dallam County, TX?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Dallam County, TX are $910 for a studio, $1,067 for 1 bedroom, $1,170 for 2 bedrooms, $1,558 for 3 bedrooms, and $1,721 for 4 bedrooms.
How does the cost of living in Dallam County, TX compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Dallam 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 Dallam County, TX?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,170/month) in Dallam County, TX requires a minimum gross household income of $46,800 per year ($3,900 per month).
What is a balanced 50/30/20 monthly budget in Dallam County, TX?
For a typical household earning the median income of $71,500/year ($5,958/month) in Dallam County, TX, a balanced 50/30/20 budget allocates $2,979/month to essential needs (rent, utilities, groceries), $1,787/month to discretionary spending, and $1,192/month to savings and debt repayment.
What are typical electricity and utility costs in Dallam 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.