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These days, finding an affordable place to live in the Kemp area can be challenging. Home prices in Kemp are now at a median cost of $160,808, lower than the Texas average of $322,096.
The average cost of rent is $959/mo in Kemp, primarily driven by the current value of real estate in the Kemp area. In Kemp, 24.78% of households rent, and 62.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kemp is $4,906 per month. Households that rent pay about 19.54% of their income on rent here. Kemp’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tolosa, TX: equally priced homes
- Seven Points, TX: higher priced homes
- Gun Barrel City, TX: higher priced homes
- Styx, TX: higher priced homes
- Pauline, TX: higher priced homes
- Tool, TX: higher priced homes
- Mabank, TX: higher priced homes
- Grays Prairie, TX: higher priced homes
- Scurry, TX: higher priced homes
- Payne Springs, TX: higher priced homes
Cities with Similar Populations
- Brown City, MI: higher priced homes
- Buchanan, VA: higher priced homes
- Como, MS: equally priced homes
- Dodge Center, MN: higher priced homes
- Grape Creek, TX: less expensive homes
- Green Level, NC: higher priced homes
- Hesperia, MI: equally priced homes
- Janesville, MN: higher priced homes
- Shannon, MS: equally priced homes
- Mill Spring, NC: higher priced homes
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