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These days, finding an affordable place to live in the Hemphill area can be challenging. Home prices in Hemphill are now at a median cost of $185,885, lower than the Texas average of $322,096.
The average cost of rent is $1,021/mo in Hemphill, primarily driven by the current value of real estate in the Hemphill area. In Hemphill, 12.96% of households rent, and 78.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hemphill is $5,296 per month. Households that rent pay about 19.28% of their income on rent here. Hemphill’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Yellowpine, TX: higher priced homes
- Geneva, TX: less expensive homes
- Sabinetown, TX: equally priced homes
- Fairmount, TX: higher priced homes
- Pineland, TX: less expensive homes
- Toro, LA: less expensive homes
- Bronson, TX: less expensive homes
- Toledo, TX: higher priced homes
- Rattan, LA: less expensive homes
- Burkeville, TX: equally priced homes
Cities with Similar Populations
- Zionville, NC: higher priced homes
- Stillwater, NJ: higher priced homes
- Topton, PA: higher priced homes
- Green Island, NY: less expensive homes
- Goodhue, MN: higher priced homes
- Estill, SC: less expensive homes
- Westfield, NC: equally priced homes
- Darlington, MD: higher priced homes
- Winchester, NH: higher priced homes
- Clinton Corners, NY: higher priced homes
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