Live Oak, TX

Average · 92

Texas · Population 15,875 · Updated March 2026

$1,450
Median Rent / Month
$78,092
Median Income
$227,800
Median Home Value
$1,437
Owner Costs / Month

Affordability

How far your income goes in Live Oak

22.3%
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

$17,400
Annual Rent
$0
State Income Tax
$3,645
Property Tax (est.)

Cost of Living Overview

Live Oak offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 92 (where 100 equals the national median), Live Oak residents can expect to pay median rent of $1,450/month while earning a median household income of $78,092/year.

The median home value in Live Oak, TX is $227,800, with typical monthly owner costs around $1,437 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.3% 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 Live Oak.

Frequently Asked Questions

Common questions about living costs in Live Oak

What is the cost of living in Live Oak, TX?
The cost of living index in Live Oak, TX is 92 (US average = 100). Median monthly rent is $1,450, median household income is $78,092/year, and the median home value is $227,800.
Is Live Oak, TX affordable?
Yes, Live Oak is more affordable than the national average with a cost index of 92. The rent-to-income ratio is 22.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Live Oak, TX?
The median gross rent in Live Oak, TX is $1,450 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,400.
What is the median household income in Live Oak?
The median household income in Live Oak, TX is $78,092 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.