Personal loans around Ochiltree County, TX

Ochiltree County by the numbers

Ochiltree County is home to about 9,786 people, according to the Census Bureau's 2020 to 2024 American Community Survey, which makes it the 164th most populous of 254 county-level areas in Texas. Spread over 918 square miles, that works out to roughly 10.7 residents per square mile. No metropolitan area includes Ochiltree County in the 2023 federal delineation, so its numbers stand on their own rather than as part of a metro. Perryton is the biggest of its 3 Census places, at roughly 8,585 people (88% of the county total). Small populations mean wide margins of error, so read every Ochiltree County figure on this page as a rough guide.

Work, industries and travel time in Ochiltree County

By the Census industry count, 29% of employed Ochiltree County residents work in agriculture, forestry and mining and 15% in education and health care. Compared with Texas, the county leans toward agriculture, forestry and mining (29% against 2%). The survey's unemployment rate for Ochiltree County averages 0.3% over 2020 to 2024 (state: 5.3%). Long commutes are the exception here: 10% of workers spend 45 minutes or longer getting to work.

A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.

Income in Ochiltree County compared with Texas

Ochiltree County households have a median income of $70,183 (ACS 2020 to 2024), which ranks 81st of 254 in Texas.

Some 24% of households here live on less than $35,000 a year; 32% have six-figure incomes. The poverty rate is 11.8%, 2 points lower than the state's 13.8%. If your income is irregular, as it often is with tips, gig work or seasonal jobs, plan around your leaner months rather than the Ochiltree County median.

What it costs to live in Ochiltree County

Renters in Ochiltree County pay a median of $891 a month, 36% below the Texas figure of $1,403. By the Census definition, 50% of Ochiltree County renters are cost-burdened. With a median value of $134,400, a typical Ochiltree County house costs 1.9 times what the median household earns in a year. The ownership rate is 73%.

In an owner-heavy county like Ochiltree County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it. When half or more of renters are already stretched, a new payment needs a stress test: what happens if a paycheck is a week late?

Ochiltree County and the counties next door

The six counties whose centers lie closest to Ochiltree County's, from 30 to 44 miles away. 1 of the six report a higher median household income than Ochiltree County; Lipscomb County is highest at $72,560 and Hemphill County lowest at $61,563. Some neighbors are in Oklahoma. Lender licensing is state by state, so a loan for a Ochiltree County resident follows Texas rules.

Cities, towns and CDPs in Ochiltree County

3 Census places fall mainly inside Ochiltree County; the 3 biggest are below. They account for 8,698 residents, leaving about 11% of the county in unincorporated, unnamed areas. This guide covers each of the 3 places and the rural areas around them.

CDP: census-designated place, an unincorporated community mapped for statistics.

Who lives in Ochiltree County, in numbers

Degree holders: 21% of adults over 25. About 26% go without health insurance.

Local borrowing considerations for Ochiltree County

A few patterns in the Ochiltree County data, and the practical point behind each:

• Medical bills. 26% of Ochiltree County residents are uninsured. Before borrowing for care, ask the provider about financial assistance and payment plans.
• Manufactured homes. 16% of Ochiltree County housing units are mobile homes, and their repairs are often paid with unsecured loans. Get the quote in writing.
• 50% rent-burdened. A payment on top of high rent needs a cushion; size it with the calculator.

A Ochiltree County household budget, worked through

Lenders compare monthly debt payments with gross monthly income, the debt-to-income ratio. For a Ochiltree County household at the medians it works out like this; treat it as an illustration only.

• $5,849 a month: gross income for a household at the Ochiltree County median
• Median rent: $891, or 15 cents of every gross dollar
• At 36%, room after rent is $1,214 a month
• $1,624: what a 43% ratio leaves once rent is paid

Two-income households and single earners in Ochiltree County land in very different places on this math, so run it for your own budget.

Texas rules that apply in Ochiltree County

Before sharing details with a lender, a Ochiltree County resident can confirm its license with the Texas Department of Banking. The Office of Consumer Credit Commissioner handles consumer-credit questions as well. A CFPB complaint gets forwarded to the company for a response. Statewide data and rules: Texas guide.

Four steps for Ochiltree County borrowers

Steps that save money for Ochiltree County residents:

• Get a written quote for whatever you are paying for in Ochiltree County.
• Collect three written offers and compare APR and total repaid.
• A Texas license check takes minutes; do it first.
• Never pay a fee up front to get a loan.

Nearby and statewide guides

The Texas guide covers the whole state.

• Texas state guide