Rankin, TX
Population 1,189 · Texas
About Rankin, TX
Rankin is a small community in Texas with a population of 1,189 residents. The median household income is $72,083 per year, which is above the national average. The median age in Rankin is 40.1 years.
Housing in Rankin has a median home value of $119,000 and median monthly rent of $664. Of the 488 total housing units, the majority are owner-occupied, with 347 owner-occupied and 96 renter-occupied units.
The unemployment rate in Rankin is 5.8% and the poverty rate is 13.8%. 7.9% of residents hold a bachelor's degree or higher. The average commute time is 27.2 minutes.
Cost of Living in Rankin, TX
Compared to national averages, Rankin has a median household income of $72,083 (4% below the national median of $75,149). Home values average $119,000, which is 51% below the national median. Monthly rent at $664 is 43% below the US average of $1,163. Within Texas, Rankin's income is 1% below the state average of $72,726, and home values are 44% below the state median of $211,769.
Why Live in Rankin, TX?
Rankin offers affordable housing with a median home value of $119,000, below the US average of $244,900, and rent that’s lower than the national average at $664/month.
Potential considerations include median household income ($72,083) that falls below the national average. However, Rankin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rankin has a population of 1,189 with a median age of 40.1 years. Compare Rankin with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Rankin
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plains | 1,190 | $74,187 | $112,500 | Compare |
| Muniz | 1,184 | $98,587 | $97,800 | Compare |
| Valley Mills | 1,183 | $42,188 | $129,700 | Compare |
| Clear Lake Shores | 1,182 | $111,563 | $448,500 | Compare |
| Runge | 1,196 | $35,313 | $57,200 | Compare |
| Lake Medina Shores | 1,198 | $44,926 | $158,700 | Compare |
| New London | 1,198 | $50,909 | $169,400 | Compare |
| Harper | 1,199 | $69,653 | $348,900 | 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.
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Frequently Asked Questions about Rankin
What is the population of Rankin, TX?
The population of Rankin, TX is 1,189 according to the latest Census data.
What is the median household income in Rankin?
The median household income in Rankin, TX is $72,083 per year.
What is the median home value in Rankin?
The median home value in Rankin, TX is $119,000.
What is the average rent in Rankin?
The median monthly rent in Rankin, TX is $664.
What is the unemployment rate in Rankin?
The unemployment rate in Rankin, TX is 5.8%.