Housing costs in Lake Worth?
A typical home costs
$217,400, which is 35.7% less expensive than the national average of
$338,100 and 26.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lake Worth costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and close to the state average of
$1,280.
Can I afford Lake Worth?
To live comfortably in Lake Worth, Texas, a minimum annual income of
$41,760 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Lake Worth?
The cost of living in Lake Worth, TX is relatively low compared to other towns and cities of similar size. It has a lower median home value than most other cities in the US, with average home prices hovering around $150,000. Similarly, residents of Lake Worth enjoy some of the lowest taxes in the state. With a combined state and local sales tax rate of only 8.35%, shoppers can find great deals on everyday items. Other expenses like groceries and utilities remain low as well, making it an affordable place to live for families and individuals alike.