Midland, Texas has an overall cost of living index of 99.6, which is 0.4 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,434 per month, while the typical home is valued around $319,200. Households earn a median of $89,585 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$89,585
Median Income / yr
Census ACS
$1,434
Median Rent / mo
Census ACS
$319,200
Median Home Value
Census ACS
99.6
Cost of Living Index
Studio FMR
$1,424
HUD · FY2024
1BR Fair Market Rent
$1,449
HUD · FY2024
2BR Fair Market Rent
$1,780
HUD · FY2024
3BR Fair Market Rent
$2,286
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
99.6
Goods
104.9
Rents / Housing
76.8
Services
147.7
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $135,520 |
| Registered Nurse | $125,910 |
| Elementary Teacher | $97,360 |
| Electrician | $72,610 |
| Accountant | $89,450 |
| Plumber | $59,650 |
| Nurse Practitioner | $150,410 |
| Civil Engineer | $106,630 |
| Operations Manager | $118,280 |
| Market Research Analyst | $67,980 |
| Health Services Manager | $118,530 |
| Truck Driver | $56,840 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
136,640
Latest estimate
Median Age
31.5 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
6
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,359
Per month
Avg Home Value
$270,567
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 79701 | — | $1,222 | $186,900 |
| ZIP 79703 | — | $1,515 | $211,300 |
| ZIP 79705 | — | $1,426 | $316,200 |
| ZIP 79706 | — | $1,110 | $243,500 |
| ZIP 79707 | — | $1,368 | $372,600 |
| ZIP 79765 | — | $1,514 | $292,900 |
January Avg
45°F
July Avg
83°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
28.9
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
85.6%
Midland has a Regional Price Parity (RPP) index of 99.6. The US national average is 100, so Midland is 0.4 points below the national average.
The median gross rent in Midland is $1,434 per month according to US Census ACS data.
The median household income in Midland is $89,585 per year.
The median home value in Midland is $319,200 based on the latest Census ACS survey.
Air quality data for Midland is not yet available.
Tax data for Texas is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
