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Elgin city, TX

ZIP 78621 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 78621

Median Home Value
$262,300
Median Rent
$1,067
Affordability Snapshot
$72,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,685/mo PITI).

15%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.5 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 78621 in Elgin city, TX, a household would need roughly $72,000 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 $1,685. That sits below the local median household income ($88,246), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
80.6%+23% vs US avg
x
Vacancy Rate
7.2%-30% vs US avg
x
Broadband Access
86.6%-0% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
5.9%-15% vs US avg
x
Rent Burden >30%
12.7%-74% vs US avg
x
Mortgage-Free
41.5%+9% vs US avg
x
$262,300
Home Value
$1,067
Rent
1996
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached67.6%
  • 1-unit attached2.3%
  • 2-9 units3.7%
  • 10+ units1.2%
  • Mobile home & other25.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$262,300
Median rent$1,067
Owner-occupied80.6%
Vacant7.2%
Price-to-income3.0x
Est. income to buy$72,000