Beaumont, TX
Jefferson County · Pop. 118,428
Ranked #6 of 243 cities
62Moderate
Median Home Price
🏠$160K
2.5% YoY
Median Rent
🔑$950
1.5% YoY
Median Income
💰$42K
Rent Burden
📊29.0%
% of income to rent
Income to Buy
🏦$46K
annual income needed
Income to Rent
📝$38K
annual income needed
Price-to-Income
⚖️3.8x
Homeownership
🏡56.0%
Rent vs. Buy
Buy
$852/mo
Est. mortgage (7%, 20% down)
Need $46K/yr income
Rent
$950/mo
Median rent
Need $38K/yr income
How Beaumont Compares
| Metric | Beaumont | Texas | National |
|---|---|---|---|
| Home Price | $160K | $297K | $410K |
| Rent | $950 | $1,413 | $1,500 |
| Income | $42K | $76K | $75K |
| Rent Burden | 29.0% | 32.0% | 30.0% |
Key Takeaways
- • Home prices in Beaumont are 61% lower than the national average.
- • Rent is 37% lower than the national average.
- • You need an income of $46K to comfortably buy a home here.
- • The homeownership rate is 56.0%, compared to 65.0% nationally.