Beaumont, TX home values, income, and owner costs

In Beaumont, TX, the 2024 ACS reports a median owner-occupied home value of $166,400, median household income of $56,997, and median selected monthly owner costs of $1,698 for owners with a mortgage. For the decision at hand, together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,698 measure combines recurring ownership expenses instead of real estate taxes alone. In practical terms, a useful affordability review starts with $166,400, $56,997, and $1,698, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Beaumont, TX's $166,400 median home-value estimate is below the statewide $283,800 estimate, with a reported city-to-state gap of 41.4%. For the decision at hand, that 41.4% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Beaumont, TX. It does not mean every local property is 41.4% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. In practical terms, a borrower may use $166,400 and $283,800 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.