Key Economic Benchmarks
Median Household Income
$68,370$5,698 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Tom Green County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Tom Green County, TX
Official FY2026 HUD Fair Market Rents for San Angelo, TX MSA. 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 | $923 | $11,076 | $36,920 | 16.2% |
| 1-Bedroom Apartment | $1,049 | $12,588 | $41,960 | 18.4% |
| 2-Bedroom ApartmentBenchmark | $1,339 | $16,068 | $53,560 | 23.5% |
| 3-Bedroom Home | $1,821 | $21,852 | $72,840 | 32% |
| 4-Bedroom Home | $2,043 | $24,516 | $81,720 | 35.9% |
50/30/20 Living Budget in Tom Green County, TX
Based on the local median household income of $68,370/year ($5,698/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 Tom Green County, TX
What is the median household income in Tom Green County, TX?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Tom Green County, TX is $68,370 per year (approximately $5,698 per month).
What is the average rent in Tom Green County, TX?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Tom Green County, TX are $923 for a studio, $1,049 for 1 bedroom, $1,339 for 2 bedrooms, $1,821 for 3 bedrooms, and $2,043 for 4 bedrooms.
How does the cost of living in Tom Green County, TX compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Tom Green County, TX is 92.5 (7.5% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Tom Green County, TX?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,339/month) in Tom Green County, TX requires a minimum gross household income of $53,560 per year ($4,463 per month).
What is a balanced 50/30/20 monthly budget in Tom Green County, TX?
For a typical household earning the median income of $68,370/year ($5,698/month) in Tom Green County, TX, a balanced 50/30/20 budget allocates $2,849/month to essential needs (rent, utilities, groceries), $1,709/month to discretionary spending, and $1,140/month to savings and debt repayment.
What are typical electricity and utility costs in Tom Green 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.
