Texas · Census place 60668
Rankin city, TX
Quick answer
Rankin city has 1,189 residents, ranking #945 of 1863 places in Texas. Median household income is $72,083, the median home is worth $119,000 and median gross rent runs $664 a month.
- Population
- 1,189Rankin city residents
- Median household income
- $72,083Past 12 months, inflation adjusted
- Median home value
- $119,000Owner-occupied units
- Median gross rent
- $664Rent plus utilities, monthly
- Median age
- 40.1 yrsAll residents
- Homeownership rate
- 78.3%Owner-occupied households
What the numbers mean in Rankin city
Housing cost measured against local earnings.
A household earning the Rankin city median would spend about 11.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.8% of residents and 78.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Texas.
- New London city 1,198
- Runge town 1,196
- Plains town 1,190
- Muniz CDP 1,184
- Valley Mills city 1,183
- Clear Lake Shores city 1,182
- Omaha city 1,179
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