Galveston County
Texas ยท Pop. 353,574
Ranked #61 of 200 counties
50Moderate
Median Home Price
๐$280K
3.5% YoY
Median Rent
๐$1,350
Median Income
๐ฐ$62K
Rent Burden
๐28.5%
% of income to rent
Housing Shortage
๐๏ธ5,000
estimated unit deficit
Building Permits (2024)
๐2,800
Price-to-Income Ratio
โ๏ธ4.5x
Homeownership Rate
๐ก62.0%
How Galveston County Compares
| Metric | Galveston County | Texas | National |
|---|---|---|---|
| Home Price | $280K | $297K | $410K |
| Rent | $1,350 | $1,413 | $1,500 |
| Income | $62K | $76K | $75K |
| Rent Burden | 28.5% | 32.0% | 30.0% |
| Homeownership | 62.0% | 63.0% | 65.0% |
Key Takeaways
- โข Home prices are 32% below the national average.
- โข Rent is 10% below the national average.
- โข The county has an estimated housing shortage of 5,000 units.
- โข 2,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.5%.