Cost of Living in Burnet, TX

Population 6,630 · Texas · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Burnet is a smaller Texas community of around 7000 residents, where median household incomes of $88,000 and housing costs ($246,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.6% — below most comparable cities in the state.

Located 40 miles southwest of Killeen, Burnet falls within that metro's commuting orbit. Median home values run roughly 25% higher than Killeen's $196,000.

Cost Overview

Housing 81
Rent 77

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Burnet

The median home value in Burnet is $245,900 — 19% below the national median of $305,000. Median rent runs $1,012/month, 23% lower than the national median of $1,314/month. The median household income of $88,000/year is 18% higher than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.5°F and lows of 56.5°F. Overall, Burnet has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$245,900
19% below avg
Zillow Home Value
$404,602
Zillow ZHVI
Median Rent
$1,012/mo
23% below avg
Price-to-Rent Ratio
20.2x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 74.7%
Renter-occupied 25.3%

💰 Estimated Monthly Budget

Rent median rent
$1,012
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,626/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.3 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.5%

Commute Mode

Drove alone
76.3%
Carpooled
13.6%
Walked
1.9%
Work from home
6.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$88,000
18% above avg
Per Capita Income
$38,008
Unemployment Rate
1.6%
67% below avg
Poverty Rate
7.7%
Labor Force Participation
57.7%

🎓 Education

Bachelor's degree+ 15.1%
Graduate degree 7.8%

👥 Demographics

Median Age 41.4
Male median age 43.3
Female median age 39.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.5°F
Avg Low
56.5°F
Annual Precip
28.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 616472798592959689806961
Low °F 384249566471737368584740
Precip" 1.651.632.662.123.672.851.791.762.893.182.251.93

Frequently Asked Questions

What is the cost of living in Burnet, TX?

Burnet has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Burnet, TX?

The median gross rent in Burnet is $1,012 per month based on 2023 Census data.

What is the average home price in Burnet?

The median home value in Burnet is $245,900 according to Zillow and Census data.

What is the median income in Burnet?

The median household income in Burnet is $88,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Burnet, TX?

The combined state and local sales tax rate in Burnet is 8.2%. Texas has no state income tax.

Is Burnet, TX affordable?

Yes, Burnet is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Burnet?

Burnet has average high temperatures of 78.5°F and average lows of 56.5°F. Annual precipitation is 28.4". Data from NOAA 1991–2020 Climate Normals.

Burnet at a Glance

Population
6,630
Median Income
$88,000
Home Value
$245,900
Median Rent
$1,012/mo
Unemployment
1.6%
Avg High Temp
78.5°F
Sales Tax
8.2%
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