Home/Texas/Milam County

Milam County Housing Market

Texas · 254 counties · Ranked #1480 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$168,900

vs national$168,900 vs $281,900 national

Median Gross Rent

$948/mo

vs national$948 vs $1,163 national

Effective Tax Rate

1.06%

vs national+1.06% vs 1.02% national

Median Household Income

$59,076

vs national$59,076 vs $74,755 national

Affordability Ratio

2.9x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$1,789

Tax as % of Home Value

1.06%

Monthly Owner Cost

$723

Renter Income

$38,521

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Frequently Asked Questions

What is the median home value in Milam County?

The median home value in Milam County is $168,900. This is below the national median of $281,900.

How much is rent in Milam County?

The median gross rent in Milam County is $948 per month.

What is the property tax rate in Milam County?

The effective property tax rate in Milam County is 1.06%. The median annual property tax bill is $1,789.

Is Milam County affordable?

With a home-value-to-income ratio of 2.9x, Milam County is considered 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.