Housing costs in Groveton?
A typical home costs
$171,200, which is 49.4% less expensive than the national average of
$338,100 and 42.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Groveton costs
$920 per month, which is 28.1% cheaper than the national average of
$1,280 and 18.5% cheaper than the state average of
$1,090.
Can I afford Groveton?
To live comfortably in Groveton (zip 75845), Texas, a minimum annual income of
$32,760 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Groveton?
The cost of living in 75845 Groveton, TX is relatively affordable. Grocery and housing expenses are both below the national average, at 8.5% and 6.7% less than the United States median respectively. Additionally, transportation and utilities also rank below the median for the United States. This makes 75845 Groveton, TX an ideal place to live for individuals or families looking to stretch their budget further without sacrificing access to all that this community has to offer its residents.