Monahans at a Glance
Population
7,595
Median Home Value
$132,200
Nat'l avg: $281,900
Median Rent
$1,118
Nat'l avg: $1,163
Median Income
$75,425
Nat'l avg: $74,580
Violent Crime
1.5 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
0/100
Car-Dependent
Air Quality
AQI 48
Good
Climate Risk
Relatively Moderate
Score: 69.97
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About Monahans
Alright, let's talk about Monahans, Texas. Nestled in the heart of the Permian Basin, this West Texas town offers a refreshingly affordable lifestyle, a stark contrast to the escalating costs seen in many other parts of the country. With a population just shy of 7,600, Monahans exudes a close-knit community feel, where neighbors know each other and the pace of life is decidedly slower. The real kicker? The median home value here is a stunning $132,200. That's a steal compared to the national average of around $350,000, allowing you to stretch your housing budget much further. From an investment perspective, Monahans presents a compelling case. The median household income is a healthy $75,425, mirroring the national average. While specific unemployment data isn't readily available, the town's economic activity is primarily driven by the oil and gas industry. Monahans is known for its safety, making it an excellent choice for families and those seeking a secure environment. This town is best suited for individuals and families looking for affordability, a strong sense of community, and a gateway to the wide-open spaces of West Texas.