Housing costs in Hemphill?
A typical home costs
$177,400, which is 47.5% less expensive than the national average of
$338,100 and 40.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Hemphill costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 50.6% cheaper than the state average of
$1,280.
Can I afford Hemphill?
To live comfortably in Hemphill (zip 75948), Texas, a minimum annual income of
$33,840 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Hemphill?
The cost of living in 75948 Hemphill, TX is relatively low compared to other parts of the country. The median home value is around $76,000, with the average rent for a three-bedroom home being $750 per month. The city also has a lower than average unemployment rate and an above-average median household income. Overall, the cost of living in 75948 Hemphill is conducive to making it an affordable place to live.