Stretched

What Salary Do You Need to Live in Latexo?

To afford a 2-bedroom in Latexo, you need to earn at least $48,200/year based on estimated fair market rent data. The median household income here is $47,604, which means the typical resident is $596 below the threshold.

Census ACS Data Pop. 352

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$844	$2,813	$33,760	$-13,844
1 Bedroom	$1,000	$3,333	$40,000	$-7,604
2 Bedroom BENCHMARK	$1,205	$4,017	$48,200	+$596
3 Bedroom	$1,470	$4,900	$58,800	+$11,196
4 Bedroom	$1,808	$6,027	$72,320	+$24,716

Affordability Breakdown

Where the required salary line crosses above Latexo's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$47,604

Annual household

2BR Required Salary

$48,200

Under 30% rule

Income Gap

-$596

Deficit

Verdict

Stretched

Ratio: 30.4%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Latexo

Your Annual Salary

Pre-filled with Latexo's median household income

Max monthly rent you can afford$1,190

Studio

$844/mo

1 BR

$1,000/mo

2 BR

$1,205/mo

3 BR

$1,470/mo

4 BR

$1,808/mo

Your salary is $0 above the median income in Latexo.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Latexo's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Latexo

Renting in Latexo is stretched but not impossible. The gap is a relatively narrow $596, suggesting that households slightly above median can find workable arrangements — especially with studios at $844/month.

If you're relocating to Latexo, target the studio or 1-bedroom tier ($844–$1,000/month) unless your income exceeds $48,200. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $603/month.

The break-even salary for comfortable living in Latexo is approximately $72,300. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Latexo, Texas.

With a total population of 352, the city supports an active civilian workforce of 136 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $48,200 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

136

Active civilian employees in Latexo

Frequently Asked Questions About Renting in Latexo

What salary do I need to live in Latexo, Texas?

To afford a 2-bedroom in Latexo under the 30% rule, you need an annual salary of at least $48,200. The median household income in Latexo is $47,604.

Can I afford a 2-bedroom in Latexo on $47,604?

The affordability verdict for Latexo is "Stretched". The rent-to-income ratio is 30.4%, meaning there's a $596 income gap.

What is the average rent in Latexo compared to median income?

The median gross rent in Latexo is $1,000/month. With a median household income of $47,604, residents spend approximately 30.4% of their income on rent.

What salary do I need for a studio in Latexo?

A studio in Latexo rents for approximately $844/month. Under the 30% rule, you need an annual salary of $33,760 to afford this.

Is Latexo considered an affordable place to live?

Based on the deficit of $596 and an affordability verdict of "Stretched", Latexo is considered a stretched rental market when comparing the required 2-bedroom salary of $48,200 to the local median household income.

How Latexo Compares

Other cities in Texas with salary requirements