Housing costs in Hereford?
A typical home costs
$133,900, which is 60.4% less expensive than the national average of
$338,100 and 55.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Hereford costs
$950 per month, which is 25.8% cheaper than the national average of
$1,280 and close to the state average of
$950.
Can I afford Hereford?
To live comfortably in Hereford (zip 79045), Texas, a minimum annual income of
$25,560 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Hereford?
The cost of living in 79045 Hereford, TX is relatively low compared to other cities and towns in the United States. The median home price in the area is $106,000, which is significantly lower than the national average of $220,000. In addition, the median household income in 79045 Hereford is around $44,800 which is also much lower than the national average of $57,652. Furthermore, residents of this area enjoy a low unemployment rate and a low cost of living index which make it an attractive place to live for those on a budget. Taxes are also relatively low here and public transportation options are limited. All things considered, 79045 Hereford remains an affordable place to live despite its remote location in Texas.