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Affordable
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These days, finding an affordable place to live in the Tatum area can be challenging. Home prices in Tatum are now at a median cost of $173,021, lower than the Texas average of $322,096.
The average cost of rent is $1,075/mo in Tatum, primarily driven by the current value of real estate in the Tatum area. In Tatum, 25.16% of households rent, and 53.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tatum is $6,761 per month. Households that rent pay about 15.90% of their income on rent here. Tatum’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Cherokee, TX: higher priced homes
- Easton, TX: higher priced homes
- Oak Hill, TX: higher priced homes
- Fair Play, TX: equally priced homes
- Beckville, TX: less expensive homes
- Monroe, TX: higher priced homes
- Lakeport, TX: equally priced homes
- Grand Bluff, TX: equally priced homes
- Darco, TX: higher priced homes
- Greggton, TX: less expensive homes
Cities with Similar Populations
- Columbia City, OR: higher priced homes
- Jordan, NY: equally priced homes
- Middleton, TN: less expensive homes
- Hampton Falls, NH: higher priced homes
- Grundy Center, IA: equally priced homes
- Gray Summit, MO: higher priced homes
- Columbia, LA: less expensive homes
- Clayton, NY: higher priced homes
- Catawissa, MO: higher priced homes
- Buffalo, TX: less expensive homes
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