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Wellman, TX
Full City Profile · Texas · Terry County County
3.5
/5.0
B+
Good
300
Population
882/sq mi density
$117,578
Median Income
$34,565 per capita
$144,600
Home Value
$118,357 Zillow
$518
Median Rent
9.0% income on rent
61°F
Avg Temperature
330 sunny days/yr
112
Violent Crime/100K
1,272 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$117,578 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$144,600 home value, $518/mo rent
F
Safety
1.0 / 5.0
112 violent crimes/100K
B
Education
3.1 / 5.0
26.2% bachelor's degree or higher
Housing Overview
Median Home Value
$144,600
49% below
US avg: $281,900
Median Rent
$518/mo
55% below
US avg: $1,163/mo
Homeownership Rate
72.5%
11% above US avg (65.4%)
Total Housing Units
111
Median year built: 1962
Home Value by Source
Census Median
$144,600
Zillow (ZHVI)
$118,357
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.5%
Owner-Occupied
27.5%
Renter-Occupied
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:
$518/mo
Affordability & Housing Stock
Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
72.5%
Complete Housing Data
Home Values
| Census Median Value | $144,600 |
| Zillow Home Value (ZHVI) | $118,357 |
Rent
| Census Median Rent | $518 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
Ownership & Stock
| Owner-Occupied | 72.5% |
| Renter-Occupied | 27.5% |
| Homeownership Rate | 72.5% |
| Total Housing Units | 111 |
| Median Year Built | 1962 |
| Rent Burden | 9.0% |