Housing costs in Hermleigh?
A typical home costs
$137,700, which is 59.3% less expensive than the national average of
$338,100 and 53.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Hermleigh costs
$850 per month, which is 33.6% cheaper than the national average of
$1,280 and 5.9% cheaper than the state average of
$900.
Can I afford Hermleigh?
To live comfortably in Hermleigh (zip 79526), Texas, a minimum annual income of
$26,280 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Hermleigh?
Living in 79526 Hermleigh, TX can be quite affordable. The cost of living is generally lower than the United States average, and the median household income is roughly $56,946. Property taxes are also low, at about 1.82% of a home's estimated value. Utilities are relatively inexpensive as well – electric rates are 9.79¢/kWh which is below the national average of 12.55¢/kWh. Housing costs in 79526 Hermleigh, TX are also very reasonable – the median home price is around $108,000 with a median rent of around $721 per month – both significantly lower than other parts of Texas or even the country as a whole!