Housing costs in Hempstead?
A typical home costs
$251,700, which is 25.6% less expensive than the national average of
$338,100 and 15.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Hempstead costs
$1,100 per month, which is 14.1% cheaper than the national average of
$1,280 and 18.2% cheaper than the state average of
$1,300.
Can I afford Hempstead?
To live comfortably in Hempstead (zip 77445), Texas, a minimum annual income of
$48,240 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Hempstead?
The cost of living in 77445 Hempstead, TX is relatively affordable compared to other parts of the country. According to BestPlaces’s Cost of Living Index, the city has a score of 58.85 out of 100, which is well below the U.S. average score of 70.72. The median household income in Hempstead is just over $34,000 and the median home value is around $106,000. In addition, groceries, healthcare and transportation costs are well below the national average as well making this small Texas city an attractive option for those looking for an affordable place to live.