Housing costs in Wheeler?
A typical home costs
$122,700, which is 63.7% less expensive than the national average of
$338,100 and 58.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Wheeler costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 56.1% cheaper than the state average of
$1,280.
Can I afford Wheeler?
To live comfortably in Wheeler, Texas, a minimum annual income of
$23,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Wheeler?
Wheeler, TX is a great place to live with an affordable cost of living. According to the 2019 American Community Survey, the median income for households in Wheeler County was $45,028 compared to $60,293 for Texas as a whole. The median estimated home value in Wheeler was also significantly lower at $67,900 compared to Texas overall at $164,500. Further, the cost of living index in Wheeler was 77.8 versus a U.S average of 100. This means that goods and services such as groceries, health care, and housing are notably cheaper than other parts of Texas and the nation as a whole. With low costs on several essential expenses combined with an attractive rural setting, Wheeler certainly has much to offer residents looking for an affordable place to call home!