Cost of Living in Garwood, TX
Population: 415 | Texas
Garwood is 7% less expensive than the national average.
Cost of Living in Garwood, TX: What You Need to Know
With a cost of living index of 93, Garwood, TX is slightly more affordable than average. Living here is 7% cheaper than the national average and 6% above the Texas state average of 88. Garwood is a small community of 415 residents.
The median household income in Garwood is $46,875, which is 38% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Garwood. The area sees an average annual temperature of 71.1°F, with summers averaging 85°F and winters around 57°F. Annual rainfall totals 49.7 inches spread over roughly 119 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $46,875
- vs US Median ($75,149)
- -38%
Housing
- Median Home Value
- $243,300
- Median Monthly Housing Cost
- $1,208/mo
Climate in Garwood
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 64 | 68 | 74 | 80 | 87 | 92 | 95 | 94 | 90 | 83 | 74 | 67 |
| Avg °F | 55 | 59 | 65 | 70 | 78 | 83 | 85 | 85 | 81 | 73 | 63 | 57 |
| Low °F | 45 | 50 | 55 | 60 | 69 | 74 | 76 | 76 | 72 | 62 | 53 | 46 |
| Rain" | 3.6 | 2.8 | 3.5 | 4.3 | 5.2 | 4.2 | 4.2 | 5.3 | 4.4 | 4.7 | 3.8 | 3.8 |