Texas · Census, HUD and BEA figures · Updated

Cost of Living in Wise County, TX

Prices around Wise County, TX run 3.1% above the U.S. average (BEA, the metro area). The typical household there earns $93,421 a year, and HUD puts a two-bedroom at $1,205 a month. Keeping that rent under 30% of income takes about $48,200 a year.

Wise County, TX at a glance

Median household income

$93,421$7,785 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,205HUD FY2026 Fair Market Rent
Price level (U.S. = 100)103.1+3.1% · BEA, the metro area
Electricity15.9¢per kWh · EIA Residential TX
Population75,005Census ACS 5-year estimate

How much rent can you afford in Wise 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$1,205Monthly market rent
Share of gross income15.5%Recommended max: 30%
Annual income needed$48,200To meet the 30% standard
Max affordable rent$2,336At 30% of $93,421
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Wise County, TX, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$912$10,944$36,48011.7%
1-Bedroom Apartment$918$11,016$36,72011.8%
2-Bedroom ApartmentBenchmark$1,205$14,460$48,20015.5%
3-Bedroom Home$1,676$20,112$67,04021.5%
4-Bedroom Home$2,021$24,252$80,84026%

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

What a typical income covers in Wise County, TX

The 50/30/20 rule applied to the local median of $93,421 a year ($7,785 a month before tax).

Needs (50%)$3,893/moRent ($1,205 2-BR), utilities (~$143/mo), groceries, transit
Wants (30%)$2,336/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,557/moEmergency fund, retirement, paying down loans

What $93,421 leaves after Texas taxes

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

$93,421
$35,000$190,000
Filing status:
Gross salary breakdown$93,421
Net 80%
Fed 13%
FICA 8%
Annual take-home$74,552After all taxes
Monthly deposit$6,213Estimated per month
Biweekly paycheck$2,867Every 2 weeks (26/yr)
Effective tax rate20.2%Total tax burden
Federal income tax$11,723 / yr
Texas state income taxNo state wage tax$0
FICA (Social Security & Medicare)$7,147 / yr

Living in Wise County, TX: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Wise County, TX is $93,421 per year (approximately $7,785 per month).

What is the average rent in Wise County, TX?

The closest official figure is HUD's Fair Market Rent for 2026: $912 for a studio, $918 for one bedroom, $1,205 for two, $1,676 for three and $2,021 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 Wise County, TX expensive to live in?

Prices there run 3.1% above the U.S. average. BEA's regional price parity for the metro area is 103.1, 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 Wise County, TX?

To keep a $1,205 two-bedroom under 30% of gross income, a household needs about $48,200 a year, or $4,017 a month. That is 52% of what the typical household in Wise County, TX earns.

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

On the local median income of $93,421 ($7,785 a month before tax), the 50/30/20 rule leaves $3,893 a month for needs like rent, utilities and groceries, $2,336 for everything else and $1,557 for savings or debt. A two-bedroom at $1,205 takes 31% of the needs share.

How much is the electric bill in Wise 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.