What is the median home price in Commerce?

The median home price in Commerce, Commerce city, Texas is $114,700, which is 59% below the national average of 281,900 ($281,900).

Commerce, Commerce city, Texas has a violent crime rate of 1.5 per 1,000 residents, which is 58% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 8.2 per 1,000 residents.

What is the Walk Score for Commerce?

Commerce, Commerce city, Texas has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 8/100.

What is the median household income in Commerce?

The median household income in Commerce, Commerce city, Texas is $41,382, which is 45% below the national average of 74,580 ($74,580).

What is the average rent in Commerce?

The median rent in Commerce, Commerce city, Texas is $950 per month. The national average median rent is $1,163/month.

What is the air quality in Commerce?

Commerce, Commerce city, Texas has an Air Quality Index (AQI) of 48, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Commerce?

The population of Commerce, Commerce city, Texas is approximately 9,078. The homeownership rate is 81.0% (national average: 65.9%).

What are the climate risks in Commerce?

Commerce, Commerce city, Texas has an overall climate risk rating of "Relatively Moderate" with a risk score of 69.97. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Commerce affordable?

Commerce, Commerce city, Texas has an affordability index of 130, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 10.3¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Commerce?

The unemployment rate in Commerce, Commerce city, Texas is 6.9%. The national average unemployment rate is 3.7%. The poverty rate is 24.9% (national average: 12.4%).

Commerce

Commerce city, Texas

Affordable

About Commerce

Commerce, Texas, offers a refreshing contrast to the escalating costs of many U.S. locales. Here, the charm of small-town living meets remarkable affordability. Imagine owning a home with a median value of just $114,700—a stark contrast to the national average of around $350,000. This affordability extends to the overall cost of living, making Commerce an attractive haven for those seeking financial freedom. The town has a close-knit population of around 9,000 residents, fostering a sense of community that's hard to find in larger cities. Life here is unhurried, with a focus on local events and a pace that encourages genuine connection.

From an investment perspective, Commerce presents a compelling opportunity. While the median household income of around $41,382 is below the national average, the low cost of living significantly amplifies the value of earnings. The housing market is stable, with consistent demand driven by the town's affordability and the presence of Texas A&M University-Commerce. Crime rates are notably low, offering peace of mind to residents. Commerce is best suited for young families, retirees, or anyone seeking a simpler, more affordable lifestyle without sacrificing access to essential amenities.

Commerce, Texas at a Glance

Commerce is a city in Commerce city, Texas with a population of approximately 9,078. The median home value is $114,700 and the median household income is $41,382. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $950 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.