Housing costs in Lumberton?
A typical home costs
$255,600, which is 24.4% less expensive than the national average of
$338,100 and 14.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lumberton costs
$1,020 per month, which is 20.3% cheaper than the national average of
$1,280 and close to the state average of
$1,030.
Can I afford Lumberton?
To live comfortably in Lumberton (zip 77657), Texas, a minimum annual income of
$48,960 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Lumberton?
The cost of living in Lumberton, TX (77657) is relatively low when compared to the rest of the country. The median home value is around $117,000, and median rent is just under $900 per month. Additionally, although the unemployment rate is slightly above average for both Texas and the US as a whole, the overall cost of goods and services remains fairly affordable. Groceries are especially inexpensive, making it easy to keep household expenses within a budget. Other major costs such as transportation and utilities are also lower than the national average. All in all, Lumberton offers an excellent quality of life with a great cost-to-value ratio.