Mills County, Texas Housing Market
In Mills County, Texas, the median home value is $223,700, with a median monthly rent of $708. This places Mills County at #1142 nationally out of 3134 counties by median home value, and #65 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: $840
- Establishments: 138
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,828 (avg $73,296)
- Outflow: 1,716 (avg $70,500)
- IRS Statistics of Income
🔗 Explore Mills County on Our Sister Sites
Get the complete picture for Mills County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Mills County Compares
| Metric | Mills County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $223,700 | $186,278 | $227,706 |
| Median Gross Rent | $708 | $997 | $968 |
| Owner Occupancy Rate | 80.3% | 73.2% | 73.3% |
| Price/Rent Ratio | 26.3 | 15.2 | 18.7 |
Market Analysis
The median home value in Mills County is 20.1% above the Texas state average and 1.8% below the U.S. national average. The median rent of $708/month is 29.0% below the state average.
With a price-to-rent ratio of 26.3, Mills County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Mills County has an owner-occupancy rate of 80.3%, 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 |
|---|---|---|---|
| Vernon County | Wisconsin | $223,800 | $836 |
| Elmore County | Alabama | $223,900 | $1,071 |
| Platte County | Nebraska | $223,900 | $897 |
| Marion County | Indiana | $224,000 | $1,153 |
| Kearney County | Nebraska | $223,400 | $857 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Van Zandt County | $222,100 | $1,066 | 81.5% |
| Jeff Davis County | $226,200 | $1,241 | 88.0% |
| Hopkins County | $221,100 | $1,109 | 71.1% |
| Franklin County | $226,300 | $936 | 82.0% |
| Walker County | $226,900 | $1,031 | 56.5% |
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).