Living in Odessa, Texas
Cost of living, income, home prices, rent and demographics of Odessa · Census data 2020–2024
Odessa has 115,322 residents with a median age of 31.1. The median household income is $73,472 (6% lower than the Texas median), the median home value is $223,100, the median rent is $1,315/month.
Odessa at a glance
- Population
- 115,322
- Median age
- 31.1State: 35.6
- Median household income
- $73,472State: $78,476
- Median home value
- $223,100State: $283,800
- Median rent
- $1,315/moState: $1,403
- Homeowners
- 59.8%
- Bachelor's degree or higher
- 19%
- Average commute
- 22 min
Is Odessa a good place to live?
Pros: Home values 21% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 6% lower than the Texas median; unemployment of 5.9%; a poverty rate of 16.2%.
The weather is best in March to May and October.
Cost of living in Odessa
Housing is the biggest part of the cost of living. In Odessa the median home value is $223,100, 33% lower than the U.S. median. Renters pay a median of $1,315 per month, which is 32.6% of household income. Homeowners with a mortgage pay $1,924 a month in housing costs.
Odessa median household income
The median household income in Odessa is $73,472 and the income per person is $38,171. 16.2% of residents live below the poverty line (Texas: 13.8%).
Housing in Odessa: homes for sale and rent
- Housing units
- 49,871
- Owner-occupied
- 59.8%
- Renter-occupied
- 40.2%
- Vacant
- 6.4%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.43
Odessa demographics
- Population
- 115,322
- Median age
- 31.1
- Under 18
- 29.4%
- 65 and older
- 10.1%
- Households
- 46,660
- Foreign-born
- 15.6%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Odessa ›
Education in Odessa
19% of adults 25 and older in Odessa have a bachelor's degree or higher (Texas: 33.8%), and 6.2% have a graduate or professional degree.
Jobs and commute in Odessa
- Unemployment rate
- 5.9%State: 5.3%
- Average commute
- 22 minState: 27 min
- Work from home
- 3.4%
- Drive alone
- 83.5%
- Public transit
- 0.2%
- Walk to work
- 0.8%
- Homes with broadband
- 88.7%
Odessa vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Odessa | 115,322 | $73,472 | $223,100 | $1,315 |
| Gardendale | 1,544 | $103,750 | $408,700 | — |
| West Odessa | 32,594 | $65,234 | $126,300 | $891 |
| Midland | 136,640 | $89,585 | $319,200 | $1,434 |
| Goldsmith | 177 | $112,969 | $141,700 | — |
| McKinney Acres | 562 | $66,285 | $139,600 | — |
| Andrews | 13,468 | $73,690 | $196,300 | $1,350 |
| Crane | 2,640 | $73,150 | $164,900 | $872 |
| Stanton | 2,638 | $92,923 | $100,000 | $977 |
More for people moving to Odessa
Odessa ZIP code ›Weather and climate ›Living in Odessa: FAQ
What is the median household income in Odessa, TX?
The median household income in Odessa is $73,472, 6% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Odessa?
The median home value in Odessa is $223,100, compared with $283,800 in Texas.
How much is rent in Odessa?
The median gross rent in Odessa is $1,315 per month, about 32.6% of household income.
Is Odessa, TX a good place to live?
Pluses: home values 21% lower than the state median; an average commute of 22 minutes. Minuses: median household income 6% lower than the Texas median; unemployment of 5.9%; a poverty rate of 16.2%.
What is the median age in Odessa?
The median age in Odessa is 31.1 years (Texas: 35.6).
How long is the commute in Odessa?
The average commute to work in Odessa is 22 minutes; 3.4% of workers work from home.
What is the unemployment rate in Odessa?
The unemployment rate in Odessa is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Odessa?
19% of adults in Odessa have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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