Texas · Census, HUD and BEA figures · Updated

Cost of Living in Mills County, TX

Prices around Mills County, TX run 2.9% below the U.S. average (BEA, Texas). The typical household there earns $67,620 a year, and HUD puts a two-bedroom at $973 a month. Keeping that rent under 30% of income takes about $38,920 a year.

Mills County, TX at a glance

Median household income

$67,620$5,635 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$973HUD FY2026 Fair Market Rent
Price level (U.S. = 100)97.1-2.9% · BEA, Texas
Electricity15.9¢per kWh · EIA Residential TX
Population4,511Census ACS 5-year estimate

How much rent can you afford in Mills 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$973Monthly market rent
Share of gross income17.3%Recommended max: 30%
Annual income needed$38,920To meet the 30% standard
Max affordable rent$1,691At 30% of $67,620
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Mills County, TX, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$756$9,072$30,24013.4%
1-Bedroom Apartment$888$10,656$35,52015.8%
2-Bedroom ApartmentBenchmark$973$11,676$38,92017.3%
3-Bedroom Home$1,353$16,236$54,12024%
4-Bedroom Home$1,432$17,184$57,28025.4%

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

What a typical income covers in Mills County, TX

The 50/30/20 rule applied to the local median of $67,620 a year ($5,635 a month before tax).

Needs (50%)$2,818/moRent ($973 2-BR), utilities (~$143/mo), groceries, transit
Wants (30%)$1,691/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,127/moEmergency fund, retirement, paying down loans

What $67,620 leaves after Texas taxes

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

$67,620
$25,000$140,000
Filing status:
Gross salary breakdown$67,620
Net 83%
Fed 9%
FICA 8%
Annual take-home$56,401After all taxes
Monthly deposit$4,700Estimated per month
Biweekly paycheck$2,169Every 2 weeks (26/yr)
Effective tax rate16.6%Total tax burden
Federal income tax$6,046 / yr
Texas state income taxNo state wage tax$0
FICA (Social Security & Medicare)$5,173 / yr

Living in Mills County, TX: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Mills County, TX is $67,620 per year (approximately $5,635 per month).

What is the average rent in Mills County, TX?

The closest official figure is HUD's Fair Market Rent for 2026: $756 for a studio, $888 for one bedroom, $973 for two, $1,353 for three and $1,432 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 Mills 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 Mills County, TX?

To keep a $973 two-bedroom under 30% of gross income, a household needs about $38,920 a year, or $3,243 a month. That is 58% of what the typical household in Mills County, TX earns.

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

On the local median income of $67,620 ($5,635 a month before tax), the 50/30/20 rule leaves $2,818 a month for needs like rent, utilities and groceries, $1,691 for everything else and $1,127 for savings or debt. A two-bedroom at $973 takes 35% of the needs share.

How much is the electric bill in Mills 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.