homesbycounty

Housing decision brief

Hamilton County, TX Housing Market

Hamilton County screens as a below-state purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

80th lowest home value out of 250 Texas counties with data | 80th lowest rent out of 246

Median home value

$124,800

Purchase-price signal from Census ACS.

Median rent

$847/mo

Gross rent, including utilities where reported.

Monthly owner cost

$736/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

2.3x

Median home value divided by local household income.

Rent burden

29.0%

Below 30% usually screens as less pressured.

Rent vs own

$111/mo

Median owner cost screens below median rent.

Data confidence

2 notes

Home-value estimate has a $26,687 ACS margin of error.

What Works

Lower purchase price

$124,800 median home value is 21% below Texas county median

Lower rent

$847/mo is 9% below Texas county median

Rent burden below pressure line

29.00% of renter income goes to rent, below the 30% burden threshold.

Owning screens cheaper than renting

Median owner costs are $111/mo below median rent before individual mortgage terms.

Low disaster-risk signal

Risk score is 87.2 out of 100, a stronger cross-check for long-term ownership costs.

What to Check

Lower income base

$55,339 median income is 13% below Texas county median

Tax rate needs attention

1.54% effective property-tax rate is 54% above Texas county median

Water quality cross-check

Water quality grade is F. Review water data before treating housing cost as the full story.

Health context

Health score is 25.2 out of 100, so affordability should be weighed against local health indicators.

Crime data coverage

Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.

Best Fit For

  • Buyers comparing homes to local incomes
  • Households weighing ownership against renting
  • Long-term owners who care about disaster-risk exposure
  • Remote earners or cash buyers looking below the state price line

Poor Fit For

  • Households dependent on a deep local wage market
  • Buyers focused only on purchase price and ignoring annual property tax
  • Buyers who will not investigate local water systems before moving
  • Anyone treating reported crime rates as complete without source context

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Hamilton County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$124,800$158,050$281,900
21% favorable21% below Texas county median

Median gross rent

Lower usually helps affordability.

$847$928$1,163
9% favorable9% below Texas county median

Monthly owner cost

Lower usually helps affordability.

$736$753$1,672
Near state median2% below Texas county median

Median household income

$55,339$63,367$74,755
13% pressure13% below Texas county median

Effective property-tax rate

Lower usually helps affordability.

1.54%1.00%1.02%
54% pressure54% above Texas county median

Rent burden

Lower usually helps affordability.

29.00%28.00%N/A
Near state median29.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$55,339
Income for median rent$33,880
Income for median owner cost$31,543

Rent cushion

+$21,459

Median income minus rent threshold.

Owner cushion

+$23,796

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

Hamilton County is affordable for renters, with a median gross rent of $847/month representing approximately 18.4% of median household income. The rent burden (GRAPI) stands at 29.0%.

Rent vs own

The median rent in Hamilton County is $847/month, while owner costs run $736/month. Owning saves approximately $111/month.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,880/year. For owner costs at the 28% rule, the required income is roughly $31,543/year. With a median household income of $55,339, most households can comfortably afford rent here. Notably, 29.0% of renter households in Hamilton County are cost-burdened, spending more than 30% of income on housing.

Regional context

Compared to Gray County where rent averages $898/month, Hamilton County is approximately 6% less expensive.

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Cass County, TX$133,500$821/moSame-state comparison near $133,500 home value and $821/mo rent.
Eastland County, TX$121,700$803/moSame-state comparison near $121,700 home value and $803/mo rent.
Hidalgo County, TX$124,000$925/moSame-state comparison near $124,000 home value and $925/mo rent.
Hockley County, TX$112,700$813/moSame-state comparison near $112,700 home value and $813/mo rent.
Morris County, TX$110,200$824/moSame-state comparison near $110,200 home value and $824/mo rent.

Housing Questions for Hamilton County

Is Hamilton County affordable for buying a home?
Hamilton County has a home-value-to-income ratio of 2.3x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Hamilton County?
Median rent is $847/mo and median monthly owner cost is $736/mo. On this screen, owning is cheaper before individual loan terms.
How much income do you need for housing in Hamilton County?
To keep rent near 30% of income, the median rent implies about $33,880 in annual income. Using a 28% owner-cost screen, median owner costs imply about $31,543 in annual income.
What should I double-check before moving to Hamilton County?
Double-check lower income base, tax rate needs attention, water quality cross-check. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.