Housing costs in Morgan?
A typical home costs
$187,400, which is 44.6% less expensive than the national average of
$338,100 and 37.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Morgan costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 54.2% cheaper than the state average of
$1,280.
Can I afford Morgan?
To live comfortably in Morgan (zip 76671), Texas, a minimum annual income of
$36,000 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Morgan?
The cost of living in 76671 Morgan, TX is quite affordable. The median household income is approximately $44,000 per year and the cost of housing is very reasonable. In addition, food prices are generally lower than other areas in the United States and the sales tax rate is only 6%. There are also no personal or corporate income taxes so this makes living here even more appealing. Overall, Morgan, TX offers a great quality of life for its residents at an affordable cost.