Odessa, TX
Population 114,080 · Texas
About Odessa, TX
Odessa is a major city located in Texas with a population of 114,080 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,030 per year, which is 3% below the national median of $75,149. The median age of 31 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Odessa features a median home value of $208,000, which is 15% below the national median of $244,900. This positions Odessa in a moderately priced market relative to the rest of the country. Median monthly rent is $1,322, 14% above the national average of $1,163/month. Of the 48,834 total housing units, 59% are owner-occupied (26,646 units) and 41% are renter-occupied (18,341 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Odessa shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 14.4%, above the national average of 12.4%. Workers in Odessa have an average one-way commute time of 22.2 minutes.
Education & Demographics
18.3% of Odessa residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 55.7% White, 2.3% Hispanic or Latino, 0.6% Black or African American, and 3.1% Asian residents, with 14.5% of the population being foreign-born.
How Odessa Ranks in Texas
Cost of Living in Odessa, TX
Compared to national averages, Odessa has a median household income of $73,030 (3% below the national median of $75,149). Home values average $208,000, which is 15% below the national median. Monthly rent at $1,322 is 14% above the US average of $1,163. Within Texas, Odessa's income is 0% above the state average of $72,726, and home values are 2% below the state median of $211,769.
Why Live in Odessa, TX?
Odessa offers affordable housing with a median home value of $208,000, below the US average of $244,900, and short commute times averaging just 22.2 minutes.
Potential considerations include median household income ($73,030) that falls below the national average. However, as a major city, Odessa provides access to a wide range of amenities and services.
Odessa has a population of 114,080 with a median age of 31 years. Compare Odessa with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Odessa
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beaumont | 113,710 | $57,530 | $158,800 | Compare |
| League City | 114,885 | $119,870 | $334,000 | Compare |
| The Woodlands | 116,916 | $141,353 | $479,400 | Compare |
| Richardson | 118,269 | $96,257 | $405,600 | Compare |
| Sugar Land | 109,735 | $137,511 | $406,600 | Compare |
| Tyler | 107,718 | $65,527 | $216,400 | Compare |
| Allen | 107,684 | $129,130 | $429,900 | Compare |
| College Station | 122,280 | $51,776 | $326,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Odessa With Other Cities
Frequently Asked Questions about Odessa
What is the population of Odessa, TX?
The population of Odessa, TX is 114,080 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Texas.
What is the median household income in Odessa?
The median household income in Odessa, TX is $73,030 per year, which is 3% below the national median of $75,149.
What is the median home value in Odessa?
The median home value in Odessa, TX is $208,000, which is 15% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Odessa?
The median monthly rent in Odessa, TX is $1,322, which is 14% above the national average of $1,163/month.
What is the unemployment rate in Odessa?
The unemployment rate in Odessa, TX is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Odessa, TX a good place to live?
Odessa offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 114,080 and a median age of 31, the city appeals to young professionals and families.
How educated is Odessa, TX?
18.3% of residents in Odessa aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Odessa?
Key cost-of-living indicators for Odessa, TX: median home value is $208,000 (15% below national), median rent is $1,322/month, and median household income is $73,030. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Odessa?
The poverty rate in Odessa, TX is 14.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Odessa, TX?
Odessa's population is 55.7% White, 2.3% Hispanic or Latino, 0.6% Black or African American, 3.1% Asian, and 6.2% two or more races. 14.5% of residents are foreign-born.