Housing costs in Groesbeck?
A typical home costs
$170,500, which is 49.6% less expensive than the national average of
$338,100 and 42.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Groesbeck costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$1,280.
Can I afford Groesbeck?
To live comfortably in Groesbeck (zip 76642), Texas, a minimum annual income of
$32,760 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Groesbeck?
The cost of living in 76642 Groesbeck, TX is quite affordable. The median household income is $50,835, which is lower than the U.S. average of $60,293. The housing costs are very reasonable with a median home value of $97,700 and an average rent of $879 per month. Utilities cost around $140 per month on average and transportation expenses are below the national average at $3,336 per year. Overall, Groesbeck offers a great quality of life without breaking the bank.