At a Glance
Median Income
$72,083
$34,476 per capita
Home Value
$119,000
Zillow: $193,483
Median Rent
$664/mo
19.3% of income on rent
Bachelor's Degree+
7.9%
76.7% high school+
Unemployment
5.8%
10.5% poverty rate
Obesity Rate
37.3%
15.4% smoking rate
How Rankin Compares to the U.S. Average
Each bar shows Rankin's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Rankin a Good Place to Live?
B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Rankin residents earn a median household income of $72,083 , which is 4% below the national average of $75,149.
Per capita income is $34,476. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). 10.5% of residents live below the poverty line. The area is home to 154 business establishments, including 13 restaurants.
Housing & Cost of Living
The median home value in Rankin is $119,000 , 58% below the national median of $281,900.
Zillow estimates the typical home at $193,483. Median rent is $664/month, with 19.3% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1960.
Education
7.9% of adults in Rankin hold a bachelor's degree or higher
(77% below the national average).
76.7% have completed high school. Local schools score 3.8/10 in standardized testing.
Climate & Weather
Rankin has an average annual temperature of 67°F (19°C).
Winters average 47°F in January while summers reach 85°F in July. Annual precipitation totals 14.8 inches.
Data Overview
People
Population1,189
Median Age40.1 yrs
Density1,122/mi²
Male / Female55% / 45%
Foreign Born3.0%
Veterans2.6%
Economy
B+
Median Income$72,083
Per Capita$34,476
Unemployment5.8%
Poverty10.5%
County GDP$5,147M
Avg Weekly Wage$1,564
Housing
A+
Home Value$119,000
Rent$664
Ownership78.3%
Zillow$193,483
Housing Units509
Rent Burden19.3%
Health
Obesity37.3%
Diabetes11.7%
Smoking15.4%
Heart Disease5.8%
Premature Death8,046/100K
Climate
Avg Temp67°F
Rain14.8 in/yr
Elevation2,534 ft
Education
D
Bachelor's+7.9%
High School+76.7%
Graduate+0.0%
School Score3.8/10
Community
2024 VoteR 84% / D 15%
Commute27 min
Broadband79.7%
Internet Speed18 Mbps
EV Stations1
Libraries1
Did You Know?
Rankin was founded in 1911.
The median home in Rankin was built in 1960.
The nearest airport is Midland International Air And Space Port (52 miles).
The Gini coefficient (income inequality) is 0.365 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
9.0% of the population has a disability.
The county recorded 2 fatal vehicle crashes.