Home/Texas/McLennan County

McLennan County Housing Market

Texas · 254 counties · Ranked #2116 in home value

Below National Avg

Housing at a Glance

Median Home Value

$219,200

vs national$219,200 vs $281,900 national

Median Gross Rent

$1,106/mo

vs national$1,106 vs $1,163 national

Effective Tax Rate

1.53%

vs national+1.53% vs 1.02% national

Median Household Income

$63,888

vs national$63,888 vs $74,755 national

Affordability Ratio

3.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

33.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,347

Tax as % of Home Value

1.53%

Monthly Owner Cost

$1,121

Renter Income

$38,509

Frequently Asked Questions

What is the median home value in McLennan County?
The median home value in McLennan County is $219,200. This is below the national median of $281,900.
How much is rent in McLennan County?
The median gross rent in McLennan County is $1,106 per month.
What is the property tax rate in McLennan County?
The effective property tax rate in McLennan County is 1.53%. The median annual property tax bill is $3,347.
Is McLennan County affordable?
With a home-value-to-income ratio of 3.4x, McLennan County is moderately affordable compared to the recommended 3-4x guideline.

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