
Affordable
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These days, finding an affordable place to live in the Thermo area can be challenging. Home prices in Thermo are now at a median cost of $276,804, lower than the Texas average of $322,096.
The average cost of rent is $825/mo in Thermo, primarily driven by the current value of real estate in the Thermo area. In Thermo, 20.06% of households rent, and 63.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thermo is $6,422 per month. Households that rent pay about 12.84% of their income on rent here. Thermo’s most expensive areas are in the central 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
- Mahoney, TX: equally priced homes
- Sulphur Springs, TX: less expensive homes
- Martin Springs, TX: equally priced homes
- Como, TX: less expensive homes
- Weaver, TX: less expensive homes
- Reilly Springs, TX: less expensive homes
- Dike, TX: less expensive homes
- Arbala, TX: equally priced homes
- Hatchetville, TX: less expensive homes
- Flora, TX: less expensive homes
Cities with Similar Populations
- Albion, ME: less expensive homes
- White Plains, GA: higher priced homes
- Gaillard Crossroads, SC: less expensive homes
- Fort Hancock, TX: less expensive homes
- Figsboro, VA: less expensive homes
- Eureka, NV: less expensive homes
- Eolia, MO: less expensive homes
- Ellport, PA: less expensive homes
- Elizabethtown, NY: less expensive homes
- Elgin, NE: less expensive homes
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