How Much Do You Need to Afford Rent in Winkler County, TX?
Income needed for the average 2BR rent under the 30% rule
Rent is affordable on the local median income in Winkler County, TX
The average 2-bedroom rent ($957/mo) takes 12% of the local median household income ($91,898/yr). That is within the recommended 30% threshold.
| To afford $957/mo rent (30% rule) | You need |
|---|---|
| Annual salary | $38,280 |
| Monthly income | $3,190 |
| Hourly wage (full-time) | $18.40/hr |
| Local median household income | $91,898 |
| Rent as % of that income | 12% |
The 30% rule says housing should cost no more than 30% of gross income. The "housing wage" is the full-time hourly pay (2080 hrs/yr) needed to hit that. Rent is the HUD Fair Market Rent for a 2-bedroom; income is the Census median for the area.