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Midland County Housing Market

Texas · 254 counties · Ranked #2627 in home value

Above National Avg

Housing at a Glance

Median Home Value

$293,000

vs national+$293,000 vs $281,900 national

Median Gross Rent

$1,383/mo

vs national+$1,383 vs $1,163 national

Effective Tax Rate

1.26%

vs national+1.26% vs 1.02% national

Median Household Income

$93,984

vs national+$93,984 vs $74,755 national

Affordability Ratio

3.1x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$3,697

Tax as % of Home Value

1.26%

Monthly Owner Cost

$1,503

Renter Income

$59,292

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Frequently Asked Questions

What is the median home value in Midland County?

The median home value in Midland County is $293,000. This is above the national median of $281,900.

How much is rent in Midland County?

The median gross rent in Midland County is $1,383 per month.

What is the property tax rate in Midland County?

The effective property tax rate in Midland County is 1.26%. The median annual property tax bill is $3,697.

Is Midland County affordable?

With a home-value-to-income ratio of 3.1x, Midland 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.