Cost of Living in Stephenville, TX

Population 21,345 · 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

Stephenville sits on the smaller end of the Texas city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 65 miles southwest of Fort Worth, Stephenville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 18% lower than Fort Worth's $277,000.

Cost Overview

Housing 74
Rent 86

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

About the Cost of Living in Stephenville

The median home value in Stephenville is $226,300 — 26% below the national median of $305,000. Median rent runs $1,128/month, 14% lower than the national median of $1,314/month. The median household income of $55,504/year is 26% lower than the US median of $74,580. The local unemployment rate is 6.8%, 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 78.7°F and lows of 51.2°F. Overall, Stephenville has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$226,300
26% below avg
Zillow Home Value
$314,895
Zillow ZHVI
Median Rent
$1,128/mo
14% below avg
Zillow Rent
$1,435/mo
Zillow ZORI
Price-to-Rent Ratio
16.7x
Favors buying
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 45.8%
Renter-occupied 54.3%

💰 Estimated Monthly Budget

Rent median rent
$1,128
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,742/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
16.6 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.8%

Commute Mode

Drove alone
76.1%
Carpooled
10.1%
Public transit
0.1%
Walked
6.8%
Bicycle
2.2%
Work from home
3.8%

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
$55,504
26% below avg
Per Capita Income
$28,929
Unemployment Rate
6.8%
41% above avg
Poverty Rate
18.4%
Labor Force Participation
66.5%

🎓 Education

Bachelor's degree+ 20.6%
Graduate degree 12.9%

👥 Demographics

Median Age 26
Male median age 26.2
Female median age 25.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.7°F
Avg Low
51.2°F
Annual Precip
34.1"
Annual Snowfall
0.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596370798693979890816961
Low °F 313542506068717063524133
Precip" 1.842.162.822.914.973.331.992.963.323.322.332.18
Snow" 0.40.00.00.00.00.00.00.00.00.00.00.3

Frequently Asked Questions

What is the cost of living in Stephenville, TX?

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

What is average rent in Stephenville, TX?

The median gross rent in Stephenville is $1,128 per month based on 2023 Census data.

What is the average home price in Stephenville?

The median home value in Stephenville is $226,300 according to Zillow and Census data.

What is the median income in Stephenville?

The median household income in Stephenville is $55,504 per year (2023 ACS 5-year estimates).

What is the sales tax in Stephenville, TX?

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

Is Stephenville, TX affordable?

Yes, Stephenville 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 Stephenville?

Stephenville has average high temperatures of 78.7°F and average lows of 51.2°F. Annual precipitation is 34.1". Average annual snowfall is 0.7". Data from NOAA 1991–2020 Climate Normals.

Stephenville at a Glance

Population
21,345
Median Income
$55,504
Home Value
$226,300
Median Rent
$1,128/mo
Unemployment
6.8%
Avg High Temp
78.7°F
Sales Tax
8.2%
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