salaryRent is higher than in 72% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 32 minutes each way. Most homes (75.8%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $83,080 a year. That is $40 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 351 of 426 cities from cheapest to most expensive.
How much do households earn in Krum?
Share of households by yearly income. 51.9% of households earn $100,000 or more.
Rent by apartment size in Krum
| Size | Krum | U.S. average |
|---|---|---|
| 1 bedroom | $1,578 | $1,324 |
| 3 bedrooms | $2,244 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Krum overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Krum, so the Texas figure is shown.
Taxes and bills in Krum
Life in Krum
Is it cheaper to rent or buy in Krum?
Renting is cheaper right now: about $258 a month less.
Owning assumes a typical $336,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,650 for the down payment.
Frequently asked questions
What is the average rent in Krum, TX?
Renting in Krum costs a median of about $2,077 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Krum?
To keep rent under 30% of income, you need about $83,080 a year, or $40 an hour at a full-time job.
Is Krum cheap or expensive?
Krum is rated Cheap: rent takes 18.6% of the typical household income of $134,171. It ranks 351st cheapest of 426 Texas cities we track.
How much are property taxes in Krum?
The median homeowner in Krum pays $5,363 a year in property taxes, about 1.59% of the median home value.
Is Krum more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Krum?
The median home value in Krum is $336,500, about 2.5 times the typical yearly household income.
6,189 people live in Krum. Numbers are typical (middle) values.