Menard County, Texas Housing Market
In Menard County, Texas, the median home value is $108,500, with a median monthly rent of $729. This places Menard County at #2818 nationally out of 3134 counties by median home value, and #196 within Texas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $594
- Establishments: 57
- BLS QCEW, 2025
Migration Patterns
- Inflow: 768 (avg $63,102)
- Outflow: 710 (avg $63,823)
- IRS Statistics of Income
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| Metric | Menard County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $108,500 | $186,278 | $227,706 |
| Median Gross Rent | $729 | $997 | $968 |
| Owner Occupancy Rate | 80.7% | 73.2% | 73.3% |
| Price/Rent Ratio | 12.4 | 15.2 | 18.7 |
Market Analysis
The median home value in Menard County is 41.8% below the Texas state average and 52.4% below the U.S. national average. The median rent of $729/month is 26.9% below the state average.
With a price-to-rent ratio of 12.4, buying a home in Menard County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Menard County has an owner-occupancy rate of 80.7%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Winn Parish | Louisiana | $108,500 | $774 |
| Adams County | Mississippi | $108,700 | $734 |
| Keya Paha County | Nebraska | $108,800 | $875 |
| White County | Illinois | $108,100 | $719 |
| Ida County | Iowa | $108,900 | $696 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Upton County | $109,000 | $720 | 77.2% |
| Runnels County | $109,300 | $847 | 75.0% |
| Frio County | $107,700 | $1,016 | 58.9% |
| Concho County | $107,400 | $733 | 80.5% |
| Stephens County | $110,200 | $846 | 79.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).