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Wise County Housing Market

Texas · 254 counties · Ranked #2534 in home value

Below National Avg

Housing at a Glance

Median Home Value

$277,200

vs national$277,200 vs $281,900 national

Median Gross Rent

$1,239/mo

vs national+$1,239 vs $1,163 national

Effective Tax Rate

1.19%

vs national+1.19% vs 1.02% national

Median Household Income

$89,897

vs national+$89,897 vs $74,755 national

Affordability Ratio

3.1x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$3,293

Tax as % of Home Value

1.19%

Monthly Owner Cost

$1,285

Renter Income

$48,137

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Frequently Asked Questions

What is the median home value in Wise County?

The median home value in Wise County is $277,200. This is below the national median of $281,900.

How much is rent in Wise County?

The median gross rent in Wise County is $1,239 per month.

What is the property tax rate in Wise County?

The effective property tax rate in Wise County is 1.19%. The median annual property tax bill is $3,293.

Is Wise County affordable?

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