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Somervell County Housing Market

Texas · 254 counties · Ranked #2381 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$253,600

vs national$253,600 vs $281,900 national

Median Gross Rent

$927/mo

vs national$927 vs $1,163 national

Effective Tax Rate

0.97%

vs national0.97% vs 1.02% national

Median Household Income

$83,382

vs national+$83,382 vs $74,755 national

Affordability Ratio

3x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$2,452

Tax as % of Home Value

0.97%

Monthly Owner Cost

$856

Renter Income

$51,469

Frequently Asked Questions

What is the median home value in Somervell County?
The median home value in Somervell County is $253,600. This is below the national median of $281,900.
How much is rent in Somervell County?
The median gross rent in Somervell County is $927 per month.
What is the property tax rate in Somervell County?
The effective property tax rate in Somervell County is 0.97%. The median annual property tax bill is $2,452.
Is Somervell County affordable?
With a home-value-to-income ratio of 3x, Somervell 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.