Can A Financial Analyst Afford Rent in Red Oak, TX?

Comfortably affordable — rent takes 22.9% of gross income.

Red Oak rent: June 2026. Salary: BLS OEWS May 2024 (Texas state estimate).

Red Oak median rent
$1,949/mo
Financial Analyst salary (Texas)
$102,307/yr
Rent as % of income
22.9%
Gross monthly income works out to about $8,526, and the 30% rule supports up to $2,558/mo in rent. Red Oak's median rent of $1,949 leaves roughly $609/mo of headroom under that threshold. A financial analyst works roughly 39.6 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 Red Oak, which improves the affordability math on a financial analyst salary:

Forney, TX
$1,948/mo (22.8% of income)
Bastrop, TX
$1,948/mo (22.8% of income)
Abilene, TX
$1,947/mo (22.8% of income)

Compare with full rent data for Red Oak

View full rent data for Red Oak, TX

Frequently asked questions

Can a financial analyst afford rent in Red Oak, TX?

Median rent in Red Oak is $1,949 a month. A typical financial analyst in Texas earns about $102,307 a year, which makes that rent 22.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Red Oak?

Using the 30% rule, a financial analyst salary in Texas (~$102,307/yr) supports up to $2,558 a month in rent. Red Oak's current median rent is $1,949/mo, which leaves a $609/mo buffer.

How many hours does a financial analyst work to cover rent in Red Oak?

At an hourly equivalent of about $49 an hour, a financial analyst in Texas works roughly 39.6 hours a month to cover Red Oak's median rent of $1,949.

Where is rent cheaper than Red Oak for a financial analyst?

Nearby Texas cities with lower median rent include Forney ($1,948/mo), Bastrop ($1,948/mo), Abilene ($1,947/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 Red Oak, TX. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.