Cost of Living in Yoakum, TX

Population 5,649 · Texas · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Yoakum is a smaller Texas community of around 6000 residents, where median household incomes of $49,950 and housing costs ($134,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.0% points to a labor market well on the tight side of the national distribution.

Geographically, Yoakum lies roughly 80 miles southeast of the nearest major metro, Austin. Median home values run roughly 74% lower than Austin's $513,000.

Cost Overview

Housing 44
Rent 68

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

About the Cost of Living in Yoakum

The median home value in Yoakum is $134,100 — 56% below the national median of $305,000. Median rent runs $887/month, 32% lower than the national median of $1,314/month. The median household income of $49,950/year is 33% lower than the US median of $74,580. The local unemployment rate is 1.0%, 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 81.3°F and lows of 60.2°F. Overall, Yoakum has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$134,100
56% below avg
Zillow Home Value
$208,033
Zillow ZHVI
Median Rent
$887/mo
32% below avg
Price-to-Rent Ratio
12.6x
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 56.7%
Renter-occupied 43.3%

💰 Estimated Monthly Budget

Rent median rent
$887
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,501/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
19.2 min
29% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.8%

Commute Mode

Drove alone
69.8%
Carpooled
19.1%
Bicycle
2.6%
Work from home
5.8%

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
$49,950
33% below avg
Per Capita Income
$26,828
Unemployment Rate
1.0%
80% below avg
Poverty Rate
13.8%
Labor Force Participation
60.6%

🎓 Education

Bachelor's degree+ 7.7%
Graduate degree 3.2%

👥 Demographics

Median Age 33.2
Male median age 29.8
Female median age 38.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
81.3°F
Avg Low
60.2°F
Annual Precip
40.4"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 656975818792959691847467
Low °F 444854606873757470615145
Precip" 2.671.962.993.015.234.213.463.114.533.972.932.34

Frequently Asked Questions

What is the cost of living in Yoakum, TX?

Yoakum has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Yoakum, TX?

The median gross rent in Yoakum is $887 per month based on 2023 Census data.

What is the average home price in Yoakum?

The median home value in Yoakum is $134,100 according to Zillow and Census data.

What is the median income in Yoakum?

The median household income in Yoakum is $49,950 per year (2023 ACS 5-year estimates).

What is the sales tax in Yoakum, TX?

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

Is Yoakum, TX affordable?

Yes, Yoakum is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Yoakum?

Yoakum has average high temperatures of 81.3°F and average lows of 60.2°F. Annual precipitation is 40.4". Data from NOAA 1991–2020 Climate Normals.

Yoakum at a Glance

Population
5,649
Median Income
$49,950
Home Value
$134,100
Median Rent
$887/mo
Unemployment
1.0%
Avg High Temp
81.3°F
Sales Tax
8.2%
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