Cost of Living in Wolfforth, TX

Population 6,189 · Texas · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Wolfforth a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $245,000. Unemployment has stayed elevated relative to the national figure — 6.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Wolfforth sits roughly 8 miles southwest of Lubbock — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% higher than Lubbock's $198,000.

Cost Overview

Housing 80
Rent 109

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

About the Cost of Living in Wolfforth

The median home value in Wolfforth is $245,000 — 20% below the national median of $305,000. Median rent runs $1,430/month, 9% higher than the national median of $1,314/month. The median household income of $92,143/year is 24% higher than the US median of $74,580. The local unemployment rate is 6.1%, 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 74.9°F and lows of 47.8°F, with about 7" of annual snowfall. Overall, Wolfforth has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$245,000
20% below avg
Zillow Home Value
$265,157
Zillow ZHVI
Median Rent
$1,430/mo
9% above avg
Zillow Rent
$1,511/mo
Zillow ZORI
Price-to-Rent Ratio
14.3x
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 80.6%
Renter-occupied 19.4%

💰 Estimated Monthly Budget

Rent median rent
$1,430
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,044/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
19.1 min
29% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
85.5%
Carpooled
6.5%
Work from home
7.8%

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
$92,143
24% above avg
Per Capita Income
$36,794
Unemployment Rate
6.1%
26% above avg
Poverty Rate
6.5%
Labor Force Participation
76.7%

🎓 Education

Bachelor's degree+ 22.8%
Graduate degree 10.0%

👥 Demographics

Median Age 30.1
Male median age 34.5
Female median age 26.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.9°F
Avg Low
47.8°F
Annual Precip
18.3"
Annual Snowfall
7"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 556068768492939285766455
Low °F 273138465766696860483628
Precip" 0.650.651.101.332.692.581.961.742.551.530.800.75
Snow" 1.61.40.40.10.00.00.00.00.00.11.02.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 25 — Good
88.7%
Good air days/yr
161
Max AQI recorded
364
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Wolfforth, TX?

Wolfforth has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Wolfforth, TX?

The median gross rent in Wolfforth is $1,430 per month based on 2023 Census data.

What is the average home price in Wolfforth?

The median home value in Wolfforth is $245,000 according to Zillow and Census data.

What is the median income in Wolfforth?

The median household income in Wolfforth is $92,143 per year (2023 ACS 5-year estimates).

What is the sales tax in Wolfforth, TX?

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

Is Wolfforth, TX affordable?

Wolfforth is near the national average in terms of cost of living, with an index of 92 (100 = US average).

What is the weather like in Wolfforth?

Wolfforth has average high temperatures of 74.9°F and average lows of 47.8°F. Annual precipitation is 18.3". Average annual snowfall is 7". Data from NOAA 1991–2020 Climate Normals.

Wolfforth at a Glance

Population
6,189
Median Income
$92,143
Home Value
$245,000
Median Rent
$1,430/mo
Unemployment
6.1%
Avg High Temp
74.9°F
Sales Tax
8.2%
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