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Chico, TX

Full City Profile · Texas · Wise County County

2.7 /5.0
C+ Fair
1,174 Population 772/sq mi density
$58,125 Median Income $21,311 per capita
$160,300 Home Value $345,908 Zillow
$1,130 Median Rent 28.6% income on rent
64°F Avg Temperature 330 sunny days/yr
274 Violent Crime/100K 1,210 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$58,125 median income, 8.7% unemployment
A+
Affordability
5.0 / 5.0
$160,300 home value, $1,130/mo rent
F
Safety
1.0 / 5.0
274 violent crimes/100K
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher

Housing Overview

Median Home Value
$160,300
43% below
US avg: $281,900
Median Rent
$1,130/mo
3% below
US avg: $1,163/mo
Homeownership Rate
62.5%
4% below US avg (65.4%)
Total Housing Units
418
Median year built: 1981

Home Value by Source

Census Median
$160,300
Zillow (ZHVI)
$345,908
Median Sale Price
$232,000
Median List Price
$232,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.5%
Owner-Occupied
37.5%
Renter-Occupied
63%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,130/mo

Market Indicators (Redfin)

Median Days on Market
81 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
1
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$124
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
62.5%

Complete Housing Data

Home Values

Census Median Value$160,300
Zillow Home Value (ZHVI)$345,908
Median Sale Price$232,000
Median List Price$232,450
Price Per Sq Ft$124

Rent

Census Median Rent$1,130
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market81
Sale-to-List Ratio1.1%
Price Drops14.3%
Homes Sold1
Active Inventory7
Price Per Sq Ft$124

Ownership & Stock

Owner-Occupied62.5%
Renter-Occupied37.5%
Homeownership Rate62.5%
Total Housing Units418
Median Year Built1981
Rent Burden28.6%