Amarillo appears moderately affordable relative to its income and housing benchmarks. With a median household income of $65,912, the median gross rent of $1,092 represents about 20% of monthly income, which is within a commonly cited affordability threshold. The median home value of $196,900 is roughly 3.0 times the median annual income, suggesting housing costs are not excessively high relative to earnings, though individual affordability varies.
Amarillo at a glance
What the default budget models
A one-person renting household begins with a modeled annual core-cost baseline of $28,104. It combines the ACS median gross-rent estimate with a uniform $1,250 monthly non-housing baseline. State income tax is excluded until a current official reference is approved; the calculator labels that limitation instead of guessing.
| 2024 ACS population estimate | 201,885 |
| 2024 ACS median household income | $65,912 |
| 2024 ACS median gross rent | $1,092 |
| 2024 ACS median owner-occupied home value | $196,900 |
| Derived one-way commute estimate | 21 minutes |
| State-tax treatment | Excluded — official reference pending |
| Rent-to-income reference | 20% |
The trade-off
Relative strength: Median rent is 20% of median income.. Watch closely: lower home values may reflect fewer high-end amenities or slower appreciation..
Compare Amarillo
Frequently asked questions
Is Amarillo Texas affordable to live in?
Based on 2024 ACS data, Amarillo's median gross rent of $1,092 is about 20% of the median household income of $65,912, and median home value is about 3.0 times annual income, suggesting moderate affordability relative to local earnings, though individual circumstances vary.
What is the median household income in Amarillo Texas?
The 2024 ACS 5-year estimate for median household income in Amarillo, Texas (Census place GEO_ID 1600000US4803000) is $65,912.
Source ledger
Every production input below is retained with its publisher and dataset. The ACS figures are five-year estimates, not live listings or guarantees.
- PopulationU.S. Census Bureau · 2024 ACS 5-Year B01003
- Median household incomeU.S. Census Bureau · 2024 ACS 5-Year B19013
- Median gross rentU.S. Census Bureau · 2024 ACS 5-Year B25064
- Median owner-occupied home valueU.S. Census Bureau · 2024 ACS 5-Year B25077
- Commute-time distributionU.S. Census Bureau · 2024 ACS 5-Year B08303
Interpretation: The ACS 2024 five-year estimates generally summarize observations across 2020–2024. The commute number is a weighted midpoint estimate from table B08303. State income tax is not included in the modeled take-home result. Verify a current address, quote, commute, and tax situation before making a decision.