Cost of Living in Smithville, TX

Population 4,032 · Texas · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Smithville is a smaller Texas community of around 4000 residents, where median household incomes of $56,031 and housing costs ($256,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Smithville is about 40 miles southeast of Austin, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 50% lower than Austin's $513,000.

Cost Overview

Housing 84
Rent 61

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

About the Cost of Living in Smithville

The median home value in Smithville is $255,600 — 16% below the national median of $305,000. Median rent runs $799/month, 39% lower than the national median of $1,314/month. The median household income of $56,031/year is 25% lower than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.4°F and lows of 56.5°F. Overall, Smithville has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$255,600
16% below avg
Zillow Home Value
$503,652
Zillow ZHVI
Median Rent
$799/mo
39% below avg
Price-to-Rent Ratio
26.7x
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 62.5%
Renter-occupied 37.5%

💰 Estimated Monthly Budget

Rent median rent
$799
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,413/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
32.1 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.4%

Commute Mode

Drove alone
79.6%
Carpooled
6.5%
Walked
5.7%
Work from home
7.4%

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
$56,031
25% below avg
Per Capita Income
$37,484
Unemployment Rate
5.2%
9% above avg
Poverty Rate
16.1%
Labor Force Participation
63.5%

🎓 Education

Bachelor's degree+ 13.5%
Graduate degree 9.0%

👥 Demographics

Median Age 44.4
Male median age 46.3
Female median age 41.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
80.4°F
Avg Low
56.5°F
Annual Precip
35.6"
Annual Snowfall
0.2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 636673808793969791837264
Low °F 384249566572737367574740
Precip" 2.821.892.902.395.003.372.162.473.034.252.682.61
Snow" 0.00.10.00.00.00.00.00.00.00.00.00.1

Frequently Asked Questions

What is the cost of living in Smithville, TX?

Smithville has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Smithville, TX?

The median gross rent in Smithville is $799 per month based on 2023 Census data.

What is the average home price in Smithville?

The median home value in Smithville is $255,600 according to Zillow and Census data.

What is the median income in Smithville?

The median household income in Smithville is $56,031 per year (2023 ACS 5-year estimates).

What is the sales tax in Smithville, TX?

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

Is Smithville, TX affordable?

Yes, Smithville is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

What is the weather like in Smithville?

Smithville has average high temperatures of 80.4°F and average lows of 56.5°F. Annual precipitation is 35.6". Average annual snowfall is 0.2". Data from NOAA 1991–2020 Climate Normals.

Smithville at a Glance

Population
4,032
Median Income
$56,031
Home Value
$255,600
Median Rent
$799/mo
Unemployment
5.2%
Avg High Temp
80.4°F
Sales Tax
8.2%
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