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Abilene

Learn about the people, housing, costs and businesses in Abilene

Median Home$188,583
Median Rent$1,231/month
Population180,408
Leading IndustriesManufacturing · Public Administration · Wholesale Trade1% manufacturing
Home Value Growth⬆⬆+11.7% over 2 years
Young Adults34% of residentsabove average nationally
Homeowners64% of occupied units
NotableVeteran Community9% of residents · top 18% nationally
Abilene

Frequently Asked Questions

What are today's mortgage rates in Abilene?

Mortgage rates for Abilene are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Abilene
What is the median home price in Abilene?

The median home value in Abilene is $189k. The median monthly rent is $1,231. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Abilene?

Home values in Abilene have increased 11.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Abilene?

Based on a typical all-in ownership cost of $1,157/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Abilene is $74k/year.

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What industries drive the economy in Abilene?

The largest employment sectors in Abilene are public administration (28%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.