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Commerce TX Multi-family Properties For Sale

The median home value in Commerce, TX is $202,600. This is lower than the county median home value of $261,200. The national median home value is $338,100. The average price of homes sold in Commerce, TX is $202,600. Approximately 33.28% of Commerce homes are owned, compared to 52.88% rented, while 13.83% are vacant. Commerce real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Commerce real estate agent to arrange a tour today!

Learn More About Commerce Real Estate

Statistics & facts

8,667 Population
$202K Medium Home Value
2,915 # of Households
13.83% Housing Vacancy
54.00% Future Job Growth
3.80% Unemployment Rate


Population

Commerce has a population of approximately 8,667 and experiences a population change rate of 13.01%. The population density is 1,040 / sq mi.

Household

The median household income for Commerce is $37,684, with 2,915 households and an average household size of 2.4.

Cost of Living

The cost of living index in Commerce is 89%.

Home Value

The median value of a home in Commerce is $202,600 with an appreciation rate of 23.0%. 33.3% of housing in the city is owned while 52.9% is rented.

Employment

The unemployment rate in Commerce is 3.80%, and recent job growth is at 3.01%. Future job growth is projected at 54.00%.

Taxes

The sales tax rate in Commerce is 8.25%, while the income tax rate is 0.00%.

Education

School expenditures in Commerce are $11,732, and the school ratio is 13.1:1.

Weather

The average high temperature in July is 93.3 degrees, with an average low temperature in January of 32.4 degrees. The average rainfall is approximately 45 inches per year, with 1 inches of snow per year.

Education near Commerce TX

Metric City County
High School Graduates 90.43 87.3
College Degree - 2 year 7.88 7.01
College Degree - 4 year 31.8 21.25
Graduate Degree 9.11 5
Expenditures per Student $11,732 $11,732
Students per Teacher 13.10 13.10

Elementary Schools near Commerce TX

School Grades Students P/T Ratio ZIP
Albert C Williams Elementary School 03 - 05 332 13.9 75428
Campbell Elementary PK - 05 179 12.8 75422
Commerce Elementary School PK - 02 452 15.8 75428
Fannindel Elementary PK - 05 94 9.1 75469
Wolfe City Elementary School PK - 05 303 15.3 75496

Middle Schools near Commerce TX

School Grades Students P/T Ratio ZIP
Commerce Middle School 06 - 08 333 12.7 75428
Wolfe City Middle School 06 - 08 155 12.8 75496

High Schools near Commerce TX

School Grades Students P/T Ratio ZIP
Campbell High School 06 - 12 198 10.8 75422
Commerce High School 09 - 12 437 13.4 75428
Fannindel High School 06 - 12 79 8.6 75449
Wolfe City High School 09 - 12 168 10.7 75496

Ungraded Schools near Commerce TX

School Grades Students P/T Ratio ZIP
Summitt House KG - 12 0 null 75428