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Odessa, Texas   Add Favorite    8 Reviews | Review This Place




Find your Best Mortgage in Odessa: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Stable economy
-Cost of Living
-Education Resources

Cons

-Hot, dry summers
-Flat terrain
-Dusty and Blowing Wind


What Bert Has To Say About Odessa Metro Area


Odessa received its name from homesick Russian railroad laborers in the 1880s, and until recently was combined with Midland to form one metropolitan area. Like Midland, the economic base is concentrated mainly in the oil and gas industry and employment prospects are mainly dependent on that industry. Recently though, the high cost of oil is spurring new exploration and development so the local economy is very vibrant.


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Highlights



Quick Facts About Odessa


    ECONOMY
    The unemployment rate in Odessa is 5.90 percent(U.S. avg. is 5.20%). Recent job growth is Negative. Odessa jobs have Decreased by 4.20 percent.
    COST OF LIVING
    Compared to the rest of the country, Odessa's cost of living is 5.50% Lower than the U.S. average.
    POPULATION
    As of 2014, Odessa's population is 118,968 people. Since 2000, it has had a population growth of 32.63 percent.
    TRANSPORTATION
    Average Commute time is 18 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Odessa is $181,866. Home appreciation the last 10 years has been 94.16%.
    SCHOOLS
    Odessa public schools spend $7,731 per student. The average school expenditure in the U.S. is $12,383. There are about 17.5 students per teacher in Odessa.

Odessa Ranked & Rated



Odessa Housing Market


It's a good time to buy in Odessa. Home Appreciation is up 7.0% in the last 12 months. Browse Odessa Real Estate.
The median home price in Odessa is $181,866. Browse Homes in this Range.
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Reviews for Odessa, Texas


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Odessa

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  3/20/2017
an incentive to believe in god again

until i moved here i was beginning to lose faith. you would start believing in god too if you knew hell existed. odessa tx will make you pray for either a winning... (Read More)

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  6/25/2015
Odessa Texas housing

Unfortunately due to overcrowding in the Odessa, housing costs have sky... (Read More)

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  1/6/2012
This is the strangest place in the world

I got caught in Odessa five years ago. I am hoping to relocate shortly. Over half of Odessa is a slum, garbage and litter seems to grow out of the ground. This is the... (Read More)

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