Housing costs in Gainesville?
A typical home costs
$197,500, which is 41.6% less expensive than the national average of
$338,100 and 33.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Gainesville costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 18.5% cheaper than the state average of
$1,280.
Can I afford Gainesville?
To live comfortably in Gainesville, Texas, a minimum annual income of
$37,800 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Gainesville?
Gainesville, TX is known for its low cost of living. The median home price in Gainesville is roughly $145,000, much lower than the national average. In addition to affordable housing, Gainesville residents enjoy low utility costs and low medical care costs. The overall cost of living is about 15% lower than the nation’s average, making it a great place to set down roots and raise a family. The city also boasts a low unemployment rate and is home to several large employers, such as Walmart and Pilgrim’s Pride. All these factors combine to provide an excellent quality of life for those who call Gainesville home.