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Abilene city, TX

ZIP 79602 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79602

Median Home Value
$233,000
Median Rent
$785
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,497/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 79602 in Abilene city, TX, a household would need roughly $64,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,497. That sits below the local median household income ($84,845), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.8%+17% vs US avg
x
Vacancy Rate
13.1%+28% vs US avg
x
Broadband Access
92.1%+6% vs US avg
x
4+ Bedrooms
4.5%-69% vs US avg
x
Built Pre-1939
7.9%-38% vs US avg
x
Built Post-2014
3.0%-56% vs US avg
x
Rent Burden >30%
10.2%-80% vs US avg
x
Mortgage-Free
37.8%-1% vs US avg
x
$233,000
Home Value
$785
Rent
1986
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached84.6%
  • 1-unit attached0.9%
  • 2-9 units8.4%
  • 10+ units2.3%
  • Mobile home & other3.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$233,000
Median rent$785
Owner-occupied76.8%
Vacant13.1%
Price-to-income2.7x
Est. income to buy$64,000