The median home value in Rankin, TX is $86,700. This is higher than the county median home value of $79,700. The national median home value is $219,700. The average price of homes sold in Rankin, TX is $86,700. Approximately 66.22% of Rankin homes are owned, compared to 19.84% rented, while 13.94% are vacant. Rankin 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 Rankin real estate agent to arrange a tour today!
Rankin, Texas has a population of 840. Rankin is less family-centric than the surrounding county with 35.47% of the households containing married families with children. The county average for households married with children is 36.65%.
The median household income in Rankin, Texas is $61,094. The median household income for the surrounding county is $52,750 compared to the national median of $57,652. The median age of people living in Rankin is 41.5 years.
The average high temperature in July is 95.3 degrees, with an average low temperature in January of 31.9 degrees. The average rainfall is approximately 16 inches per year, with 1.3 inches of snow per year.