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City

ZIP codes

Midland, TX · 79702

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are mixed. Median household income $93K, −1.2% YoY (county); renters hold 32.4% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

67,651

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 72,723

73Kunits

Occupied67,65193.0%

Vacant5,0727.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 67,651

68Koccupied

Owner45,74967.6%

Renter21,90232.4%

Renter Share

32.4%+1.8% YoY

Total Housing Units

72,723+1.6% YoY

FY2026 Fair Market Rent

CountyMidland County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,424

/month

1 BR

$1,449

/month

2 BR

$1,780

/month

3 BR

$2,286

/month

4 BR

$2,667

/month

FMR trends · Midland County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.9% to 174,801: residents under 18 are up 2.4% and those 65 and over are up 3.0%.

Median Age

32.82024

Population

Midland County Population

183,587+2.9% YoY

Households

Total Households

67,651+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.56+1.2% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 174,801

175Kresidents

Under 1850,92729.1%

Adults 18–64105,09260.1%

65 & Over18,78210.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

50,927+2.4% YoY

Population 65 & Over

18,782+3.0% YoY

Median Age

32.80+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.5%

Moved (within US)14.7%

Other0.8%

Veterans

4.4%-8.3% YoY

County Economy

County median household income is $93K, 11.3% of residents are below the poverty level, 5.3% work from home.

Income

Median Household Income

$93K-1.2% YoY

Per-Capita Income

$50K+1.7% YoY

Mean Household Income

$129K+2.2% YoY

Poverty

Below Poverty Level

11.3%+6.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone79.8%

Public transit0.2%

Worked from home5.3%

Other14.7%

Worked From Home

5.3%-1.9% YoY

Mean Commute

21.70+0.9% YoY

Done with 79702? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Midland, TX · 79702

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are mixed. Median household income $93K, −1.2% YoY (county); renters hold 32.4% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

67,651

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 72,723

73Kunits

Occupied67,65193.0%

Vacant5,0727.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 67,651

68Koccupied

Owner45,74967.6%

Renter21,90232.4%

Renter Share

32.4%+1.8% YoY

Total Housing Units

72,723+1.6% YoY

FY2026 Fair Market Rent

CountyMidland County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,424

/month

1 BR

$1,449

/month

2 BR

$1,780

/month

3 BR

$2,286

/month

4 BR

$2,667

/month

FMR trends · Midland County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.9% to 174,801: residents under 18 are up 2.4% and those 65 and over are up 3.0%.

Median Age

32.82024

Population

Midland County Population

183,587+2.9% YoY

Households

Total Households

67,651+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.56+1.2% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 174,801

175Kresidents

Under 1850,92729.1%

Adults 18–64105,09260.1%

65 & Over18,78210.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

50,927+2.4% YoY

Population 65 & Over

18,782+3.0% YoY

Median Age

32.80+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.5%

Moved (within US)14.7%

Other0.8%

Veterans

4.4%-8.3% YoY

County Economy

County median household income is $93K, 11.3% of residents are below the poverty level, 5.3% work from home.

Income

Median Household Income

$93K-1.2% YoY

Per-Capita Income

$50K+1.7% YoY

Mean Household Income

$129K+2.2% YoY

Poverty

Below Poverty Level

11.3%+6.6% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone79.8%

Public transit0.2%

Worked from home5.3%

Other14.7%

Worked From Home

5.3%-1.9% YoY

Mean Commute

21.70+0.9% YoY

Done with 79702? Put it next to another market.