The typical owner-occupied home in Randall County is worth about $238,800, 16% below the Texas median of $283,800 and 28% below the national median of $332,700. Owners pay a median $3,610 a year in property taxes, about 1.51% of their home's value, close to the Texas rate of 1.49%. The median household earns $83,864 a year, so the median home costs 2.8 times the median income (3.6 times for Texas). 68% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Randall County at a glance
| Randall County | Texas | U.S. | |
|---|---|---|---|
| Median home value | $238,800 | $283,800 | $332,700 |
| Median property tax paid per year | $3,610 | $4,232 | $3,119 |
| Property tax as a share of value | 1.51% | 1.49% | 0.94% |
| Median household income | $83,864 | $78,476 | $80,734 |
| Homes lived in by their owners | 68% | 63% | 65% |
| Owner homes with a mortgage | 60% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,803 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 21.7% | 21.0% |
| Median rent | $1,170 | $1,403 | $1,413 |
| Rent as a share of renters' income | 26.7% | 30.9% | 30.6% |
| Median year homes were built | 1986 | 1992 | 1980 |
| Vacant homes | 7.9% | 9.4% | 10.1% |
| Population | 146,070 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Randall County
At this week's average 30-year rate of 7.11%, buying the median Randall County home of $238,800 with 20% down costs about $1,685 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,083, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $72,220 for the 20%-down payment. That payment is 24% of the median Randall County household income of $83,864; at that income and 20% down, the 28% guideline points to a home of about $277,000.
The median rent here is $1,170 a month, so owning the median home costs about $515 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $47,760 |
|---|---|
| Loan amount | $191,040 |
| Principal and interest | $1,285 |
| Property taxes (1.51% a year) | $300 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| PMI | $0 |
| Total per month | $1,685 |
Change the numbers in the calculator
| Down payment | $8,358 |
|---|---|
| Loan amount | $234,475 |
| Principal and interest | $1,577 |
| Property taxes (1.51% a year) | $300 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| FHA mortgage insurance | $106 |
| Total per month | $2,083 |
Change the numbers in the calculator
Questions about home buying in Randall County
What is the median home value in Randall County?
About $238,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Randall County?
Homeowners pay a median $3,610 a year, which is about 1.51% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Randall County?
For the median home with 20% down at 7.11%, the payment is about $1,685 a month. Keeping that under 28% of gross income takes about $72,220 a year.
More about Randall County
- Mortgage Refinance in Randall County
- Debt Relief in Randall County
- Home Equity Loans in Randall County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data