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Cost of homeownership in Loving County, Texas

Real dollar cost of ownership, rent-vs-buy analysis, and flood risk, backed by Census ACS, FEMA, and FHFA data. Population: 96.

Median home value
$218,800
Median property tax
-
Monthly owner cost
-
with mortgage
Affordability (cost % of income)
9.0%

Total annual ownership cost

Breakdown of what owning a typical home in Loving County costs each year.

  • Property taxes$0
  • Insurance estimate$1,500
  • Utilities / energy$1,671
  • Maintenance (1% of value)$2,188
  • Total$5,359/yr · $447/mo

Insurance and energy figures typically vary by property. Adjust in the calculators for a personalized estimate.

Total
$5,359
/ year

Rent vs. buy in Loving County

Pre-filled with local median home value, median gross rent (Census ACS / HUD FMR), and current FRED rate.

Home price trend in Texas

FHFA House Price Index, quarterly.

vs. Texas average
Home value above state average.
Property tax below state average.
Homeownership
30.0%

Share of units owner-occupied (Census ACS).

Median household income
-

Census ACS 5-year estimate.

Housing cost burden in Loving County

Share of households paying 30% or more of income on housing (HUD CHAS 2017-2021). HUD does not publish county-level CHAS rollups through the public API, so Texas state data is shown for local context alongside the US average.

Texas: 30%+ cost burdened
45.6%
6,391,060 households surveyed
Texas: severely burdened (50%+)
20.5%
Paying at least half of income on housing.
Owner vs renter burden
Owner 30%+: 32.2%
Renter 30%+: 33.3%
Renters typically carry a heavier cost burden than owners with a fixed-rate mortgage.

HUD area median income (4-person household) for Texas: $98,800. Income limits define 80% AMI at $79,050 and 50% AMI at $49,400.

Frequently asked questions

How much does it cost to own a home in Loving County?

Based on Census ACS, typical total annual cost in Loving County is around $5,359 ($447 per month), covering property tax, insurance estimate, utilities, and 1% maintenance. Your actual cost varies by home age, size, and location within the county.

What is the property tax in Loving County?

Median annual property tax is $0 on the county's median home value of $218,800 (Census ACS).

Is it cheaper to rent or buy in Loving County?

Census ACS rent or owner-cost data is pending for Loving County.

What is the flood risk in Loving County?

FEMA NFIP data for Loving County is pending.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.