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These days, finding an affordable place to live in the Tom Bean area can be challenging. Home prices in Tom Bean are now at a median cost of $224,546, lower than the Texas average of $322,096.
The average cost of rent is $1,547/mo in Tom Bean, primarily driven by the current value of real estate in the Tom Bean area. In Tom Bean, 16.59% of households rent, and 68.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tom Bean is $7,956 per month. Households that rent pay about 19.45% of their income on rent here. Tom Bean’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- White Mound, TX: higher priced homes
- Kentuckytown, TX: higher priced homes
- Whitewright, TX: higher priced homes
- Luella, TX: higher priced homes
- Cannon, TX: higher priced homes
- Howe, TX: higher priced homes
- Bells, TX: equally priced homes
- Pilot Grove, TX: higher priced homes
- Smith Oaks, TX: equally priced homes
- Savoy, TX: equally priced homes
Cities with Similar Populations
- Jay, NY: equally priced homes
- Skandia, MI: equally priced homes
- Silver Lake, NH: higher priced homes
- Silver Cliff, CO: higher priced homes
- Sentinel, OK: less expensive homes
- Saxman, AK: higher priced homes
- Rodell, WI: equally priced homes
- Laurens, NY: less expensive homes
- Lafayette, MN: equally priced homes
- La Moille, IL: less expensive homes
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