homesbycounty

Housing decision brief

Mills County, TX Housing Market

Mills County screens as a higher purchase price, below-state rent, a manageable 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.

186th lowest home value out of 250 Texas counties with data | 26th lowest rent out of 246

Median home value

$200,200

Purchase-price signal from Census ACS.

Median rent

$713/mo

Gross rent, including utilities where reported.

Monthly owner cost

$694/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

3.1x

Median home value divided by local household income.

Rent burden

20.0%

Below 30% usually screens as less pressured.

Rent vs own

$19/mo

Median owner cost screens below median rent.

Data confidence

2 notes

Crime coverage is partial, so safety comparisons need source context.

What Works

Lower rent

$713/mo is 23% below Texas county median

Rent burden below pressure line

20.00% of renter income goes to rent, below the 30% burden threshold.

Owning screens cheaper than renting

Median owner costs are $19/mo below median rent before individual mortgage terms.

Low disaster-risk signal

Risk score is 94.4 out of 100, a stronger cross-check for long-term ownership costs.

What to Check

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 33.8 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

  • Renters trying to keep rent below the burden threshold
  • Households weighing ownership against renting
  • Long-term owners who care about disaster-risk exposure

Poor Fit For

  • 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 Mills 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.

$200,200$158,050$281,900
27% pressure27% above Texas county median

Median gross rent

Lower usually helps affordability.

$713$928$1,163
23% favorable23% below Texas county median

Monthly owner cost

Lower usually helps affordability.

$694$753$1,672
8% favorable8% below Texas county median

Median household income

$64,494$63,367$74,755
Near state median2% above Texas county median

Effective property-tax rate

Lower usually helps affordability.

0.88%1.00%1.02%
12% favorable12% below Texas county median

Rent burden

Lower usually helps affordability.

20.00%28.00%N/A
29% favorable20.00% 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$64,494
Income for median rent$28,520
Income for median owner cost$29,743

Rent cushion

+$35,974

Median income minus rent threshold.

Owner cushion

+$34,751

Median income minus owner-cost threshold.

Affordability Advisory

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

Affordability verdict

Housing in Mills County is affordable. The median rent is $713/month against a median household income of $64,494, putting rent at 13.3% of income.

Rent vs own

The median rent in Mills County is $713/month, while owner costs run $694/month. Owning saves approximately $19/month.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,520/year. For owner costs at the 28% rule, the required income is roughly $29,743/year. With a median household income of $64,494, most households can comfortably afford rent here. Notably, 20.0% of renter households in Mills County are cost-burdened, spending more than 30% of income on housing.

Regional context

Within Texas, Mills County is more affordable than Knox County by roughly 8% ($713/mo vs $661/mo).

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
Goliad County, TX$182,800$724/moSame-state comparison near $182,800 home value and $724/mo rent.
Roberts County, TX$176,800$769/moSame-state comparison near $176,800 home value and $769/mo rent.
Wood County, TX$195,100$851/moSame-state comparison near $195,100 home value and $851/mo rent.
Robertson County, TX$172,700$773/moSame-state comparison near $172,700 home value and $773/mo rent.
Kimble County, TX$173,100$795/moSame-state comparison near $173,100 home value and $795/mo rent.

Housing Questions for Mills County

Is Mills County affordable for buying a home?
Mills County has a home-value-to-income ratio of 3.1x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Mills County?
Median rent is $713/mo and median monthly owner cost is $694/mo. On this screen, owning is cheaper before individual loan terms.
How much income do you need for housing in Mills County?
To keep rent near 30% of income, the median rent implies about $28,520 in annual income. Using a 28% owner-cost screen, median owner costs imply about $29,743 in annual income.
What should I double-check before moving to Mills County?
Double-check water quality cross-check, health context, crime data coverage. 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.