Raymondville, TX

Very Low · 43

Texas · Population 10,243 · Updated March 2026

$945
Median Rent / Month
$42,148
Median Income
$48,200
Median Home Value
$606
Owner Costs / Month

Affordability

How far your income goes in Raymondville

26.9%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Texas

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.6%
Property Tax Rate

Estimated Annual Costs

$11,340
Annual Rent
$0
State Income Tax
$771
Property Tax (est.)

Cost of Living Overview

Raymondville is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 43 (where 100 equals the national median), Raymondville residents can expect to pay median rent of $945/month while earning a median household income of $42,148/year.

The median home value in Raymondville, TX is $48,200, with typical monthly owner costs around $606 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.9%, Raymondville falls within the generally affordable range, though it's approaching the 30% burden threshold.

Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Raymondville.

Frequently Asked Questions

Common questions about living costs in Raymondville

What is the cost of living in Raymondville, TX?
The cost of living index in Raymondville, TX is 43 (US average = 100). Median monthly rent is $945, median household income is $42,148/year, and the median home value is $48,200.
Is Raymondville, TX affordable?
Yes, Raymondville is more affordable than the national average with a cost index of 43. The rent-to-income ratio is 26.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Raymondville, TX?
The median gross rent in Raymondville, TX is $945 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,340.
What is the median household income in Raymondville?
The median household income in Raymondville, TX is $42,148 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Texas?
Texas has a top income tax rate of 0%, a sales tax of 6.25%, and an effective property tax rate of 1.6%. Notably, there is no state income tax.