Median Income
$69,261
household / year
Median Home Value
$120,700
owner-occupied
Median Rent
$519
gross / month
Cost of Living
87
national avg = 100

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: 87.3

Rankin'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 Safe

Rankin's violent crime rate is 82.0 per 100,000 residents — 78% lower than the national average of ~380 per 100,000.

Violent Crime
82.0 /100k
Property Crime
574.2 /100k

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.

MetricRankin, TX
Average High — January60.5°F
Average High — July96.3°F
Annual Precipitation14.8"
Annual Snowfall1.1"

Demographics

MetricRankin, TXNational Avg
Population1,069—
Median Age40.238.9
Unemployment Rate7.5%3.7%
Avg Commute Time25.9 min26 min
White (non-Hispanic)62.5%59.3%
Black or African American0.7%13.6%
Hispanic or Latino35.1%18.9%
Asian1.6%6.3%
Under 1826.5%22.2%
65 and over12.1%16.8%

Nearby Cities

ZIP Codes in Rankin

Rankin, TX is covered by 1 ZIP code:

Rankin vs Other Cities

Frequently Asked Questions

Rankin's cost of living index is 87, where 100 is the national average. That makes Rankin roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $120,700 and median rent is $519/month.
Rankin's violent crime rate is 82.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 574.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Rankin are operated by RANKIN ISD. The district has several elementary, several middle, and several high schools. The student-to-teacher ratio is 7.1:1. 10.5% of adults 25+ hold a bachelor's degree or higher.
Rankin, TX has a population of 1,069, a median household income of $69,261, and an unemployment rate of 7.5%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Rankin averages 60.5°F in January and 96.3°F in July. Annual rainfall is 14.8 inches with about 1.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Rankin, TX is covered by 1 ZIP code: 79778.
The population of Rankin, Texas is 1,069 with a median age of 40.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Rankin: cost of living index 87 (100 = US average), median home $120,700, median household income $69,261, crime index 24 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Rankin side by side with your current city to see the trade-offs.