Cost of Living in Graham, TX
Population 8,758 · Texas · Data vintage 2023
(100 = US avg)
Graham is a smaller Texas community of around 9000 residents, where median household incomes of $58,525 and housing costs ($173,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.
Geographically, Graham is about 55 miles south of Wichita Falls, the nearest large metro. Median home values run roughly 21% higher than Wichita Falls' $143,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Graham
The median home value in Graham is $173,000 — 43% below the national median of $305,000. Median rent runs $970/month, 26% lower than the national median of $1,314/month. The median household income of $58,525/year is 22% lower than the US median of $74,580. The local unemployment rate is 2.4%, 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 77.5°F and lows of 52.8°F. Overall, Graham has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.
Graham has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 58 | 62 | 71 | 78 | 85 | 92 | 96 | 96 | 89 | 79 | 67 | 59 |
| Low °F | 33 | 37 | 45 | 52 | 61 | 68 | 71 | 71 | 64 | 53 | 43 | 34 |
| Precip" | 1.59 | 2.19 | 2.98 | 2.63 | 4.00 | 3.55 | 2.13 | 2.49 | 2.66 | 3.28 | 2.41 | 1.89 |
Frequently Asked Questions
What is the cost of living in Graham, TX?
Graham has a cost index of 64 (100 = national average). It is 36% below the national average.
What is average rent in Graham, TX?
The median gross rent in Graham is $970 per month based on 2023 Census data.
What is the average home price in Graham?
The median home value in Graham is $173,000 according to Zillow and Census data.
What is the median income in Graham?
The median household income in Graham is $58,525 per year (2023 ACS 5-year estimates).
What is the sales tax in Graham, TX?
The combined state and local sales tax rate in Graham is 8.2%. Texas has no state income tax.
Is Graham, TX affordable?
Yes, Graham is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.
What is the weather like in Graham?
Graham has average high temperatures of 77.5°F and average lows of 52.8°F. Annual precipitation is 31.8". Data from NOAA 1991–2020 Climate Normals.
Graham at a Glance
- Population
- 8,758
- Median Income
- $58,525
- Home Value
- $173,000
- Median Rent
- $970/mo
- Unemployment
- 2.4%
- Avg High Temp
- 77.5°F
- Sales Tax
- 8.2%
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