The typical owner-occupied home in Cottle County is worth about $59,300, 79% below the Texas median of $283,800 and 82% below the national median of $332,700. Owners pay a median $680 a year in property taxes, about 1.15% of their home's value, lower than the Texas rate of 1.49%. The median household earns $59,063 a year, so the median home costs 1.0 times the median income (3.6 times for Texas). 83% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Cottle County at a glance
| Cottle County | Texas | U.S. | |
|---|---|---|---|
| Median home value | $59,300 | $283,800 | $332,700 |
| Median property tax paid per year | $680 | $4,232 | $3,119 |
| Property tax as a share of value | 1.15% | 1.49% | 0.94% |
| Median household income | $59,063 | $78,476 | $80,734 |
| Homes lived in by their owners | 83% | 63% | 65% |
| Owner homes with a mortgage | 25% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,395 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 37.5% | 21.7% | 21.0% |
| Median rent | $264 | $1,403 | $1,413 |
| Rent as a share of renters' income | 17.3% | 30.9% | 30.6% |
| Median year homes were built | 1960 | 1992 | 1980 |
| Vacant homes | 38.0% | 9.4% | 10.1% |
| Population | 1,368 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Cottle County
At this week's average 30-year rate of 7.11%, buying the median Cottle County home of $59,300 with 20% down costs about $401 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $499, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $17,172 for the 20%-down payment. That payment is 8% of the median Cottle County household income of $59,063; at that income and 20% down, the 28% guideline points to a home of about $204,000.
The median rent here is $264 a month, so owning the median home costs about $137 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $11,860 |
|---|---|
| Loan amount | $47,440 |
| Principal and interest | $319 |
| Property taxes (1.15% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| PMI | $0 |
| Total per month | $401 |
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| Down payment | $2,076 |
|---|---|
| Loan amount | $58,226 |
| Principal and interest | $392 |
| Property taxes (1.15% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| FHA mortgage insurance | $26 |
| Total per month | $499 |
Change the numbers in the calculator
Questions about home buying in Cottle County
What is the median home value in Cottle County?
About $59,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cottle County?
Homeowners pay a median $680 a year, which is about 1.15% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Cottle County?
For the median home with 20% down at 7.11%, the payment is about $401 a month. Keeping that under 28% of gross income takes about $17,172 a year.
More about Cottle County
- Mortgage Refinance in Cottle County
- Debt Relief in Cottle County
- Home Equity Loans in Cottle County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data