Can A Pharmacist Afford Rent in Iowa Colony, TX?

Comfortably affordable — rent takes 22.8% of gross income.

Iowa Colony rent: June 2026. Salary: BLS OEWS May 2024 (Texas state estimate).

Iowa Colony median rent
$2,493/mo
Pharmacist salary (Texas)
$131,423/yr
Rent as % of income
22.8%
Gross monthly income works out to about $10,952, and the 30% rule supports up to $3,286/mo in rent. Iowa Colony's median rent of $2,493 leaves roughly $793/mo of headroom under that threshold. A pharmacist works roughly 39.5 hours a month to cover that rent.

About rent and a pharmacist salary

Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.

Cheaper rent nearby

These Texas cities have lower median rent than Iowa Colony, which improves the affordability math on a pharmacist salary:

Bellaire, TX
$2,491/mo (22.7% of income)
Brookshire, TX
$2,490/mo (22.7% of income)
Bellaire, TX
$2,490/mo (22.7% of income)

Compare with full rent data for Iowa Colony

View full rent data for Iowa Colony, TX

Frequently asked questions

Can a pharmacist afford rent in Iowa Colony, TX?

Median rent in Iowa Colony is $2,493 a month. A typical pharmacist in Texas earns about $131,423 a year, which makes that rent 22.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Iowa Colony?

Using the 30% rule, a pharmacist salary in Texas (~$131,423/yr) supports up to $3,286 a month in rent. Iowa Colony's current median rent is $2,493/mo, which leaves a $793/mo buffer.

How many hours does a pharmacist work to cover rent in Iowa Colony?

At an hourly equivalent of about $63 an hour, a pharmacist in Texas works roughly 39.5 hours a month to cover Iowa Colony's median rent of $2,493.

Where is rent cheaper than Iowa Colony for a pharmacist?

Nearby Texas cities with lower median rent include Bellaire ($2,491/mo), Brookshire ($2,490/mo), Bellaire ($2,490/mo). Each shifts the affordability math materially on a pharmacist salary.

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