Killeen, TX

Bell County ยท Pop. 156,972

Ranked #30 of 243 cities

56Moderate

Median Home Price

๐Ÿ 

$200K

3.0% YoY

Median Rent

๐Ÿ”‘

$1,100

2.0% YoY

Median Income

๐Ÿ’ฐ

$48K

Rent Burden

๐Ÿ“Š

29.5%

% of income to rent

Income to Buy

๐Ÿฆ

$58K

annual income needed

Income to Rent

๐Ÿ“

$44K

annual income needed

Price-to-Income

โš–๏ธ

4.2x

Homeownership

๐Ÿก

42.0%

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

MetricKilleenTexasNational
Home Price$200K$297K$410K
Rent$1,100$1,413$1,500
Income$48K$76K$75K
Rent Burden29.5%32.0%30.0%

Key Takeaways

  • โ€ข Home prices in Killeen are 51% lower than the national average.
  • โ€ข Rent is 27% lower than the national average.
  • โ€ข You need an income of $58K to comfortably buy a home here.
  • โ€ข The homeownership rate is 42.0%, compared to 65.0% nationally.