Can A Financial Analyst Afford Rent in Mineral Wells, TX?

Comfortably affordable — rent takes 13.8% of gross income.

Mineral Wells rent: May 2026. Salary: BLS OEWS May 2024 (Texas state estimate).

Mineral Wells median rent
$1,174/mo
Financial Analyst salary (Texas)
$102,307/yr
Rent as % of income
13.8%
Gross monthly income works out to about $8,526, and the 30% rule supports up to $2,558/mo in rent. Mineral Wells's median rent of $1,174 leaves roughly $1,384/mo of headroom under that threshold. A financial analyst works roughly 23.9 hours a month to cover that rent.

About rent and a financial analyst salary

Financial analyst pay covers comfortable rent in most US cities. At the national-average financial-analyst salary, the 30% rule supports about $2,584 a month in rent, which is above the median in nearly every metro tracked here.

Cheaper rent nearby

These Texas cities have lower median rent than Mineral Wells, which improves the affordability math on a financial analyst salary:

Texarkana, TX
$1,172/mo (13.7% of income)
Victoria, TX
$1,171/mo (13.7% of income)
Orange, TX
$1,171/mo (13.7% of income)

Compare with full rent data for Mineral Wells

View full rent data for Mineral Wells, TX

Frequently asked questions

Can a financial analyst afford rent in Mineral Wells, TX?

Median rent in Mineral Wells is $1,174 a month. A typical financial analyst in Texas earns about $102,307 a year, which makes that rent 13.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Mineral Wells?

Using the 30% rule, a financial analyst salary in Texas (~$102,307/yr) supports up to $2,558 a month in rent. Mineral Wells's current median rent is $1,174/mo, which leaves a $1,384/mo buffer.

How many hours does a financial analyst work to cover rent in Mineral Wells?

At an hourly equivalent of about $49 an hour, a financial analyst in Texas works roughly 23.9 hours a month to cover Mineral Wells's median rent of $1,174.

Where is rent cheaper than Mineral Wells for a financial analyst?

Nearby Texas cities with lower median rent include Texarkana ($1,172/mo), Victoria ($1,171/mo), Orange ($1,171/mo). Each shifts the affordability math materially on a financial analyst salary.

Methodology: Salary uses the BLS-derived Texas state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Mineral Wells, TX. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.