Is Rankin, TX a Good Place to Live?
Rankin is a small town of 1,069 in Texas, with a median household income of $69,261 and a 7.5% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.
Strengths: Rankin stands out for an affordable cost of living, below-average home prices, solid school ratings (A-), short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Rankin is right for you depends on your priorities — the full breakdown is below.
All Rankin city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.3Rankin's overall cost of living index is 87.3, where 100 represents the US national average. Living in Rankin costs roughly 13% less than the average American city.
| Metric | Rankin, TX | National Avg |
|---|---|---|
| Median Home Value | $120,700 | $244,900 |
| Median Monthly Rent | $519 | $1,163 |
| Homeownership Rate | 73.6% | 65.9% |
| Median Household Income | $69,261 | $74,755 |
Crime & Safety
Very SafeRankin's violent crime rate is 82.0 per 100,000 residents — 78% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Rankin is served primarily by RANKIN ISD. The student-to-teacher ratio is 7.1:1 (better than the national average of ~16:1).
| Metric | Rankin, TX | National Avg |
|---|---|---|
| School District | RANKIN ISD | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | 7.1:1 | 16:1 |
| Bachelor's Degree or Higher | 10.5% | 35.4% |
| High School Diploma or Higher | 75.6% | 91.1% |
Weather & Climate
Rankin sees average highs of 60.5°F in January and 96.3°F in July, with 14.8 inches of annual precipitation and 1.1 inches of snow per year.
| Metric | Rankin, TX |
|---|---|
| Average High — January | 60.5°F |
| Average High — July | 96.3°F |
| Annual Precipitation | 14.8" |
| Annual Snowfall | 1.1" |
Demographics
| Metric | Rankin, TX | National Avg |
|---|---|---|
| Population | 1,069 | — |
| Median Age | 40.2 | 38.9 |
| Unemployment Rate | 7.5% | 3.7% |
| Avg Commute Time | 25.9 min | 26 min |
| White (non-Hispanic) | 62.5% | 59.3% |
| Black or African American | 0.7% | 13.6% |
| Hispanic or Latino | 35.1% | 18.9% |
| Asian | 1.6% | 6.3% |
| Under 18 | 26.5% | 22.2% |
| 65 and over | 12.1% | 16.8% |
Nearby Cities
ZIP Codes in Rankin
Rankin, TX is covered by 1 ZIP code: