Cost of Living in Hempstead, TX
Population 5,899 · Texas · Data vintage 2023
(100 = US avg)
Hempstead sits on the smaller end of the Texas city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.7% points to a labor market well on the tight side of the national distribution.
Hempstead is about 35 miles west of The Woodlands, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 70% lower than The Woodlands' $479,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hempstead
The median home value in Hempstead is $145,700 — 52% below the national median of $305,000. Median rent runs $1,282/month, 2% lower than the national median of $1,314/month. The median household income of $58,288/year is 22% lower than the US median of $74,580. The local unemployment rate is 1.7%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.1°F and lows of 59.5°F. Overall, Hempstead has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.
Hempstead has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 63 | 68 | 74 | 80 | 87 | 92 | 94 | 95 | 91 | 82 | 72 | 65 |
| Low °F | 43 | 47 | 53 | 59 | 67 | 73 | 75 | 74 | 70 | 60 | 50 | 44 |
| Precip" | 3.53 | 2.70 | 3.36 | 3.83 | 4.94 | 5.37 | 3.73 | 4.87 | 5.19 | 5.58 | 3.98 | 3.74 |
Frequently Asked Questions
What is the cost of living in Hempstead, TX?
Hempstead has a cost index of 68 (100 = national average). It is 32% below the national average.
What is average rent in Hempstead, TX?
The median gross rent in Hempstead is $1,282 per month based on 2023 Census data.
What is the average home price in Hempstead?
The median home value in Hempstead is $145,700 according to Zillow and Census data.
What is the median income in Hempstead?
The median household income in Hempstead is $58,288 per year (2023 ACS 5-year estimates).
What is the sales tax in Hempstead, TX?
The combined state and local sales tax rate in Hempstead is 8.2%. Texas has no state income tax.
Is Hempstead, TX affordable?
Yes, Hempstead is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.
What is the weather like in Hempstead?
Hempstead has average high temperatures of 80.1°F and average lows of 59.5°F. Annual precipitation is 50.8". Data from NOAA 1991–2020 Climate Normals.
Hempstead at a Glance
- Population
- 5,899
- Median Income
- $58,288
- Home Value
- $145,700
- Median Rent
- $1,282/mo
- Unemployment
- 1.7%
- Avg High Temp
- 80.1°F
- Sales Tax
- 8.2%
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