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Palo Pinto County Housing Market

Texas · 254 counties · Ranked #1453 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$167,300

vs national$167,300 vs $281,900 national

Median Gross Rent

$1,024/mo

vs national$1,024 vs $1,163 national

Effective Tax Rate

1.28%

vs national+1.28% vs 1.02% national

Median Household Income

$64,972

vs national$64,972 vs $74,755 national

Affordability Ratio

2.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,147

Tax as % of Home Value

1.28%

Monthly Owner Cost

$892

Renter Income

$46,462

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Frequently Asked Questions

What is the median home value in Palo Pinto County?

The median home value in Palo Pinto County is $167,300. This is below the national median of $281,900.

How much is rent in Palo Pinto County?

The median gross rent in Palo Pinto County is $1,024 per month.

What is the property tax rate in Palo Pinto County?

The effective property tax rate in Palo Pinto County is 1.28%. The median annual property tax bill is $2,147.

Is Palo Pinto County affordable?

With a home-value-to-income ratio of 2.6x, Palo Pinto County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.