Counties / Texas / Winkler County

Winkler County, TX

FIPS 48495 · population 7,454 · outside every metro area

$143k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$143k
▲ 14.4% year over year
Zillow ZHVI · direct
ACS median gross rent
$1,037
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$978
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

One annual series is unavailable
FHFA five-year cumulativen/anot annualized · through n/a
0%ZILLOW ZHVI2026-06+14.4%FHFA HPIperiod n/an/a
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$148k
Surveyed gross rent$1,037
Rent burden 30%+48.5%
Median year built1968
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
14.4%vacant
3,227estimated housing units
Occupied tenure14.0% renter
owner 86.0%renter 14.0%
Structure mix86.3% single-family
Single-family 86.3%20+ units 0.0%Mobile home 10.5%Other 3.3%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs4,221▲ 1.9% from the prior annual release
Covered establishments232annual average reporting locations
Average weekly wage$1,819▲ 0.8% from the prior annual release
Largest private supersectorNatural resources and mining43.3% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.9%WEEKLY WAGE+0.8%Natural resources and mining43.3%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Winkler County is a verification case, not a clear income case: the Zillow county median home value was $143,191 in June 2026, up 14.44% year over year, but no FHFA annual HPI is supplied to independently check direction through a repeat-transaction measure. Investors able to obtain property-level rent, insurance and condition data should investigate; those requiring demonstrated yield or broad demand evidence should be cautious.

02Housing economics

That Zillow figure is a home-value estimate, not a transaction price. Market rent is not published, so gross yield cannot be computed. HUD's two-bedroom FMR is $978 per month, a payment standard rather than market asking rent, and cannot fill that gap. The effective property-tax rate is 0.76%, with median annual tax of $1,119; both are carrying-cost inputs, not a parcel's assessed value or tax bill. The price move therefore cannot yet be reconciled to rent coverage after taxes.

03Demand & competition

For 2025, QCEW reports an annual average of 4,221 covered jobs at county workplaces, up 1.86%, and an average weekly wage of $1,819, up 0.78%. Natural resources and mining, the largest disclosed private supersector, represented 43.30% of private covered employment; it is not the whole economy. Tax-return migration was negative by one household, while outbound movers had the higher average AGI, so these data do not by themselves confirm household demand. Reported investor participation was 0% across 50 purchases: no non-owner-occupant mortgage purchases were recorded, which does not rule out cash buyers or other competition.

04Risk & next checks

Inland flood is the named hazard, and the modeled annual climate loss ratio is 0.06% of building value. That county-level model is not a parcel flood zone, insurance quote or loss history. Next checks are elevation, flood coverage, replacement cost, condition, financing and closed-sale comparables. Realtor.com MLS listing evidence is not supplied, preventing a read on asking-price levels, visible supply, marketing time or seller concessions.

Cities & communities

Where people live within Winkler County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Monahans city*7.5KKermit city5.7KWink city1.4K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

3 Census places

Population
  1. 01
    Monahans cityIncorporated place · spans 2 counties
    7,452
  2. 02
    Kermit cityIncorporated place
    5,689
  3. 03
    Wink cityIncorporated place
    1,373

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.064% of building value expected lost per year

Effective property tax0.76%

$1,119 median annual bill

02
DemandIRS SOI household flows
Net migration-1

205 in · 206 out

Arriving vs leaving income−$4,976

$59,073 arriving · $64,049 leaving

03
CompetitionHMDA financed purchases
Purchases by investors0.0%

0 of 50 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. No published market rent prevents gross-yield and rent-to-price validation.
  2. Workplace employment concentration may not describe tenant household stability or income durability.
  3. County-level flood-loss modeling cannot identify parcel insurance, elevation or claims exposure.
Underwriting questions

Before pricing a property

Can HUD Fair Market Rent be used as the property's market rent?

No. Market asking rent is not published, and HUD's two-bedroom FMR is a payment standard rather than a rent estimate, so it cannot support a gross-yield calculation.

What does the investor-purchase evidence measure?

The record reports no non-owner-occupant purchase mortgages. It does not measure cash buyers or all forms of investor competition.

What does the QCEW labor series represent?

It is annual covered employment at workplaces in the county, not resident employment, unemployment or a forecast.