Texas · Census, HUD and BEA figures · Updated

Cost of Living in Texarkana, TX

Prices around Texarkana, TX run 16% below the U.S. average (BEA, the metro area). The typical household there earns $50,573 a year, and HUD puts a two-bedroom at $1,101 a month. Keeping that rent under 30% of income takes about $44,040 a year.

Texarkana, TX at a glance

Median household income

$50,573$4,214 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,101HUD FY2026 Fair Market Rent
Price level (U.S. = 100)84.0-16% · BEA, the metro area
Electricity15.9¢per kWh · EIA Residential TX
Population35,992Census ACS 5-year estimate

How much rent can you afford in Texarkana, 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$1,101Monthly market rent
Share of gross income26.1%Recommended max: 30%
Annual income needed$44,040To meet the 30% standard
Max affordable rent$1,264At 30% of $50,573
0%30% (Affordability standard)100%
Compare against:

How much is rent in Texarkana, TX? By bedroom, 2026

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

HUD Fair Market Rent in Texarkana, TX, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$859$10,308$34,36020.4%
1-Bedroom Apartment$868$10,416$34,72020.6%
2-Bedroom ApartmentBenchmark$1,101$13,212$44,04026.1%
3-Bedroom Home$1,369$16,428$54,76032.5%
4-Bedroom Home$1,657$19,884$66,28039.3%

Rent in Texarkana, TX, with the wage each unit needs →

What a typical income covers in Texarkana, TX

The 50/30/20 rule applied to the local median of $50,573 a year ($4,214 a month before tax).

Needs (50%)$2,107/moRent ($1,101 2-BR), utilities (~$143/mo), groceries, transit
Wants (30%)$1,264/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$843/moEmergency fund, retirement, paying down loans

What $50,573 leaves after Texas taxes

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

$50,573
$20,000$105,000
Filing status:
Gross salary breakdown$50,573
Net 85%
Fed 8%
FICA 8%
Annual take-home$42,815After all taxes
Monthly deposit$3,568Estimated per month
Biweekly paycheck$1,647Every 2 weeks (26/yr)
Effective tax rate15.3%Total tax burden
Federal income tax$3,889 / yr
Texas state income taxNo state wage tax$0
FICA (Social Security & Medicare)$3,869 / yr

Living in Texarkana, TX: common questions

What is the median household income in Texarkana, TX?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Texarkana, TX is $50,573 per year (approximately $4,214 per month).

What is the average rent in Texarkana, TX?

The closest official figure is HUD's Fair Market Rent for 2026: $859 for a studio, $868 for one bedroom, $1,101 for two, $1,369 for three and $1,657 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 Texarkana, TX expensive to live in?

Prices there run 16% below the U.S. average. BEA's regional price parity for the metro area is 84.0, 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 Texarkana, TX?

To keep a $1,101 two-bedroom under 30% of gross income, a household needs about $44,040 a year, or $3,670 a month. That is 87% of what the typical household in Texarkana, TX earns.

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

On the local median income of $50,573 ($4,214 a month before tax), the 50/30/20 rule leaves $2,107 a month for needs like rent, utilities and groceries, $1,264 for everything else and $843 for savings or debt. A two-bedroom at $1,101 takes 52% of the needs share.

How much is the electric bill in Texarkana, 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.