1st Advantage MortgageIn Foard County, Texas, the typical household earns $61,563 a year and the typical rent is $572. A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's Texas license first.
On this page
- Foard County by the numbers
- Paychecks and income spread in Foard County
- How Foard County residents earn a living
- Renting and owning in Foard County
- Cities, towns and CDPs in Foard County
- The counties around Foard County
- Budget math at the Foard County median
- Borrowing situations common in Foard County
- Foard County residents: age, schooling, coverage
- Four steps for Foard County borrowers
- Lender oversight for Foard County
- Nearby and statewide guides
- Frequently asked questions
Foard County by the numbers
Foard County is home to about 991 people, according to the Census Bureau's 2020 to 2024 American Community Survey, which makes it the 246th most populous of 254 county-level areas in Texas. Land area is 704 square miles (2024 Gazetteer), so density runs near 1 per square mile. Under the July 2023 OMB definitions, Foard County is not part of any metropolitan area. Crowell, with about 640 people, is the only Census place mainly inside the county. Because Foard County is small, the survey's margins of error are wide; treat the numbers as approximate.
Paychecks and income spread in Foard County
The median household income in Foard County is $61,563; statewide it is $78,476, so Foard County runs 22% below Texas as a whole. Only 146 Texas counties post a higher median.
| Band | Foard County | Compared with Texas |
|---|---|---|
| Under $35,000 | 33.6% | +12.2 pts |
| $35,000 to $99,999 | 31.1% | -8.3 pts |
| $100,000 to $199,999 | 20.4% | -6.4 pts |
| $200,000 or more | 14.9% | +2.4 pts |
The spread is wide: 35% of Foard County households make $100,000 or more, and 34% make less than $35,000. Census counts 5.6% of Foard County residents in poverty, against 13.8% across Texas. The Gini index of income inequality is 0.477 (0 is perfect equality). A household earning below the $61,563 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
How Foard County residents earn a living
Education and health care employs 34% of working residents, the largest share; agriculture, forestry and mining is next with 13%. The sharpest difference from the state is in education and health care, at 34% locally and 22% for Texas. Averaged over the five survey years, 6.3% of the labor force was out of work and looking. 3% of commuters travel 45 minutes or more each way, and 4% work from home.
| Where residents work | Foard County | Difference from Texas |
|---|---|---|
| Education and health care | 34.4% | +12.8 pts |
| Agriculture, forestry and mining | 13.0% | +10.7 pts |
| Construction | 10.8% | +2.3 pts |
| Retail trade | 9.6% | -1.4 pts |
| Manufacturing | 8.8% | +0.3 pts |
| Other services | 8.4% | +3.6 pts |
A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.
Renting and owning in Foard County
A typical Foard County rental runs $572 a month including utilities, which is 59% below Texas. 23% of renting households spend 30% or more of income on rent, and 17% spend half or more. The median owner-occupied home is valued at $70,700, about 1.1 times the median household income. 76% of Foard County households own their home and 24% rent. Half the housing stock was built before 1958.
| Foard County | Texas | U.S. county median | |
|---|---|---|---|
| Median gross rent | $572/mo | $1,403/mo | $877/mo |
| Median home value | $70,700 | $283,800 | $185,300 |
| Owners | 76% | 63% | 75% |
| Rent-burdened renters | 23% | 52% | 45% |
| Burdened owners | 36% | 29% | n/a |
| Mobile homes | 8.5% | 6.4% | n/a |
Owners with equity have a second option. Weigh a secured line against an unsecured loan by risk as well as cost before you choose (how they compare).
Cities, towns and CDPs in Foard County
Crowell is the only Census place mainly inside Foard County, with about 640 of the county's 991 residents. This guide covers each of the 1 places and the rural areas around them.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Crowell | city | 640 | $42,250 | $569 | 5 mi |
The counties around Foard County
Distances run center to center, from Hardeman County at 23 miles out to Baylor County at 42. 1 of the six report a higher median household income than Foard County; Hardeman County is highest at $63,333 and Baylor County lowest at $45,370.
| Neighbor | Distance | Income | Rent | Own |
|---|---|---|---|---|
| Foard County | - | $61,563 | $572/mo | 76% |
| Hardeman County, TX | 23 mi | $63,333 | $684/mo | 74% |
| Knox County, TX | 25 mi | $56,667 | $521/mo | 77% |
| Cottle County, TX | 28 mi | $59,063 | $264/mo | 83% |
| Wilbarger County, TX | 34 mi | $54,102 | $932/mo | 67% |
| King County, TX | 34 mi | $46,645 | n/a | 59% |
| Baylor County, TX | 42 mi | $45,370 | $581/mo | 66% |
Budget math at the Foard County median
The debt-to-income ratio is the main affordability test lenders use. Applied to Foard County's medians:
- Median income divided by twelve: $5,130 before taxes
- Housing at the median rent of $572 uses 11%
- 35% debt-to-income limit: $1,224 left for all other debt payments
- $1,737: what a 45% ratio leaves once rent is paid
Subtract what you already pay on other debts. A new payment should fit in what remains, with some to spare.
Borrowing situations common in Foard County
The county's numbers point to a few situations that come up often for Foard County borrowers.
- Hospital bills in Foard County. For the 19% of residents without coverage, the provider's charity-care program comes before any loan (details).
- Retirees. At a median age of 49.1, many borrowers here rely on award letters as proof of income; favor no prepayment penalty.
- Fraud. Gift cards, wire transfers or fees to unlock a loan mean walk away (report it).
Foard County residents: age, schooling, coverage
College graduates make up 21% of the adult population. About 19% go without health insurance.
| Measure | Foard County | Texas statewide | Typical U.S. county |
|---|---|---|---|
| Median age | 49.1 | 35.6 | 41.5 |
| Bachelor's or higher | 20.6% | 33.8% | 22.2% |
| No high school diploma | 17.7% | 14.0% | n/a |
| No health insurance | 19.1% | 17.1% | 7.8% |
| No vehicle | 6.4% | 5.4% | 5.4% |
| Work from home | 3.5% | 14.4% | 8.7% |
| Poverty rate | 5.6% | 13.8% | 13.2% |
| Unemployment (ACS) | 6.3% | 5.3% | 4.4% |
Four steps for Foard County borrowers
Four checks before you sign anything:
- Know the exact dollar figure you need before talking to a lender.
- Line up offers side by side: APR, fees in dollars, total cost.
- Check the license, then the reviews, then the offer.
- Keep a small cushion so one surprise bill does not mean another loan.
Lender oversight for Foard County
No county office licenses personal lenders. For Foard County, check the Texas Department of Banking. Texas also has the Office of Consumer Credit Commissioner for consumer credit. Federal complaints: consumerfinance.gov. More on Texas: Texas personal loans.
Nearby and statewide guides
For statewide rules and data, see the Texas guide.
Frequently asked questions
What is the median household income in Foard County?
$61,563 a year in the 2020 to 2024 Census survey, versus $78,476 for Texas. It ranks 147th of 254 in the state.
How does Foard County rent compare with Texas?
$572 locally versus $1,403 for the state, 59% below.
What are the biggest places in Foard County?
By population: Crowell. The county has 1 Census place in all.
Can Foard County residents use the questionnaire?
Yes. It asks the same questions in every Texas county, lists every requirement up front and does not affect your credit score.
Is there a Foard County office that licenses lenders?
No, licensing is statewide. In Texas it is the Texas Department of Banking.