Bastrop, TX

Average · 98

Texas · Population 10,484 · Updated March 2026

$1,387
Median Rent / Month
$70,625
Median Income
$308,300
Median Home Value
$1,409
Owner Costs / Month

Affordability

How far your income goes in Bastrop

23.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Texas

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.6%
Property Tax Rate

Estimated Annual Costs

$16,644
Annual Rent
$0
State Income Tax
$4,933
Property Tax (est.)

Cost of Living Overview

Bastrop has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 98 (where 100 equals the national median), Bastrop residents can expect to pay median rent of $1,387/month while earning a median household income of $70,625/year.

The median home value in Bastrop, TX is $308,300, with typical monthly owner costs around $1,409 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Bastrop.

Frequently Asked Questions

Common questions about living costs in Bastrop

What is the cost of living in Bastrop, TX?
The cost of living index in Bastrop, TX is 98 (US average = 100). Median monthly rent is $1,387, median household income is $70,625/year, and the median home value is $308,300.
Is Bastrop, TX affordable?
Yes, Bastrop is more affordable than the national average with a cost index of 98. The rent-to-income ratio is 23.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bastrop, TX?
The median gross rent in Bastrop, TX is $1,387 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,644.
What is the median household income in Bastrop?
The median household income in Bastrop, TX is $70,625 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Texas?
Texas has a top income tax rate of 0%, a sales tax of 6.25%, and an effective property tax rate of 1.6%. Notably, there is no state income tax.