Can A Bus Driver Afford Rent in Iowa Colony, TX?
Rent-burdened — rent takes 57.2% of gross income.
Iowa Colony rent: September 2026. Salary: BLS OEWS May 2024 (Texas state estimate).
About rent and a bus driver salary
Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.
Cheaper rent nearby
These Texas cities have lower median rent than Iowa Colony, which improves the affordability math on a bus driver salary:
Compare with full rent data for Iowa Colony
View full rent data for Iowa Colony, TX →Frequently asked questions
Can a bus driver afford rent in Iowa Colony, TX?
Median rent in Iowa Colony is $2,445 a month. A typical bus driver in Texas earns about $51,302 a year, which makes that rent 57.2% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a bus driver afford in Iowa Colony?
Using the 30% rule, a bus driver salary in Texas (~$51,302/yr) supports up to $1,283 a month in rent. Iowa Colony's current median rent is $2,445/mo, which is $1,162/mo over the affordability threshold.
How many hours does a bus driver work to cover rent in Iowa Colony?
At an hourly equivalent of about $25 an hour, a bus driver in Texas works roughly 99.1 hours a month to cover Iowa Colony's median rent of $2,445.
Where is rent cheaper than Iowa Colony for a bus driver?
Nearby Texas cities with lower median rent include Highland Village ($2,443/mo), Lakeway ($2,442/mo), Highland Village ($2,440/mo). Each shifts the affordability math materially on a bus driver salary.