Milam County, TX at a glance
Median household income
$66,141$5,512 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Milam County, TX?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Milam County, TX? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Milam County, TX, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $785 | $9,420 | $31,400 | 14.2% |
| 1-Bedroom Apartment | $790 | $9,480 | $31,600 | 14.3% |
| 2-Bedroom ApartmentBenchmark | $1,037 | $12,444 | $41,480 | 18.8% |
| 3-Bedroom Home | $1,302 | $15,624 | $52,080 | 23.6% |
| 4-Bedroom Home | $1,626 | $19,512 | $65,040 | 29.5% |
What a typical income covers in Milam County, TX
The 50/30/20 rule applied to the local median of $66,141 a year ($5,512 a month before tax).
What $66,141 leaves after Texas taxes
Federal income tax, Social Security, Medicare and Texas tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Texas
Living in Milam County, TX: common questions
What is the median household income in Milam County, TX?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Milam County, TX is $66,141 per year (approximately $5,512 per month).
What is the average rent in Milam County, TX?
The closest official figure is HUD's Fair Market Rent for 2026: $785 for a studio, $790 for one bedroom, $1,037 for two, $1,302 for three and $1,626 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 Milam County, TX expensive to live in?
Prices there run 2.9% below the U.S. average. BEA's regional price parity for Texas is 97.1, 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 Milam County, TX?
To keep a $1,037 two-bedroom under 30% of gross income, a household needs about $41,480 a year, or $3,457 a month. That is 63% of what the typical household in Milam County, TX earns.
How much do you need to live comfortably in Milam County, TX?
On the local median income of $66,141 ($5,512 a month before tax), the 50/30/20 rule leaves $2,756 a month for needs like rent, utilities and groceries, $1,654 for everything else and $1,102 for savings or debt. A two-bedroom at $1,037 takes 38% of the needs share.
How much is the electric bill in Milam 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.