Killeen, TX
Bell County ยท Pop. 156,972
Ranked #30 of 243 cities
56Moderate
Median Home Price
๐$200K
3.0% YoY
Median Rent
๐$1,100
2.0% YoY
Median Income
๐ฐ$48K
Rent Burden
๐29.5%
% of income to rent
Income to Buy
๐ฆ$58K
annual income needed
Income to Rent
๐$44K
annual income needed
Price-to-Income
โ๏ธ4.2x
Homeownership
๐ก42.0%
Rent vs. Buy
Buy
$1,064/mo
Est. mortgage (7%, 20% down)
Need $58K/yr income
Rent
$1,100/mo
Median rent
Need $44K/yr income
How Killeen Compares
| Metric | Killeen | Texas | National |
|---|---|---|---|
| Home Price | $200K | $297K | $410K |
| Rent | $1,100 | $1,413 | $1,500 |
| Income | $48K | $76K | $75K |
| Rent Burden | 29.5% | 32.0% | 30.0% |
Key Takeaways
- โข Home prices in Killeen are 51% lower than the national average.
- โข Rent is 27% lower than the national average.
- โข You need an income of $58K to comfortably buy a home here.
- โข The homeownership rate is 42.0%, compared to 65.0% nationally.