Texas · Census, HUD and BEA figures · Updated

Cost of Living in Midland County, TX

Prices around Midland County, TX run 4.2% below the U.S. average (BEA, the metro area). The typical household there earns $92,874 a year, and HUD puts a two-bedroom at $1,780 a month. Keeping that rent under 30% of income takes about $71,200 a year.

Midland County, TX at a glance

Median household income

$92,874$7,740 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,780HUD FY2026 Fair Market Rent
Price level (U.S. = 100)95.8-4.2% · BEA, the metro area
Electricity15.9¢per kWh · EIA Residential TX
Population174,801Census ACS 5-year estimate

How much rent can you afford in Midland County, TX?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,780Monthly market rent
Share of gross income23%Recommended max: 30%
Annual income needed$71,200To meet the 30% standard
Max affordable rent$2,322At 30% of $92,874
0%30% (Affordability standard)100%
Compare against:

How much is rent in Midland County, TX? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Midland, TX HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Midland County, TX, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,424$17,088$56,96018.4%
1-Bedroom Apartment$1,449$17,388$57,96018.7%
2-Bedroom ApartmentBenchmark$1,780$21,360$71,20023%
3-Bedroom Home$2,286$27,432$91,44029.5%
4-Bedroom Home$2,667$32,004$106,68034.5%

Rent in Midland County, TX, with the wage each unit needs →

What a typical income covers in Midland County, TX

The 50/30/20 rule applied to the local median of $92,874 a year ($7,740 a month before tax).

Needs (50%)$3,870/moRent ($1,780 2-BR), utilities (~$143/mo), groceries, transit
Wants (30%)$2,322/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,548/moEmergency fund, retirement, paying down loans

What $92,874 leaves after Texas taxes

Federal income tax, Social Security, Medicare and Texas tax on the local median income. Change the salary to see yours.

$92,874
$35,000$190,000
Filing status:
Gross salary breakdown$92,874
Net 80%
Fed 12%
FICA 8%
Annual take-home$74,167After all taxes
Monthly deposit$6,181Estimated per month
Biweekly paycheck$2,853Every 2 weeks (26/yr)
Effective tax rate20.1%Total tax burden
Federal income tax$11,602 / yr
Texas state income taxNo state wage tax$0
FICA (Social Security & Medicare)$7,105 / yr

Living in Midland County, TX: common questions

What is the median household income in Midland County, TX?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Midland County, TX is $92,874 per year (approximately $7,740 per month).

What is the average rent in Midland County, TX?

The closest official figure is HUD's Fair Market Rent for 2026: $1,424 for a studio, $1,449 for one bedroom, $1,780 for two, $2,286 for three and $2,667 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Midland County, TX expensive to live in?

Prices there run 4.2% below the U.S. average. BEA's regional price parity for the metro area is 95.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Midland County, TX?

To keep a $1,780 two-bedroom under 30% of gross income, a household needs about $71,200 a year, or $5,933 a month. That is 77% of what the typical household in Midland County, TX earns.

How much do you need to live comfortably in Midland County, TX?

On the local median income of $92,874 ($7,740 a month before tax), the 50/30/20 rule leaves $3,870 a month for needs like rent, utilities and groceries, $2,322 for everything else and $1,548 for savings or debt. A two-bedroom at $1,780 takes 46% of the needs share.

How much is the electric bill in Midland County, TX?

Homes in Texas paid 15.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $143. Your bill depends mostly on heating and cooling.