Cost of Living in Galveston, TX
Population: 53,348 • 2026 Data
$57,216
Median Household Income
-26% vs national
$1,278
Median Monthly Rent
-5% vs national
$294,300
Median Home Value
-13% vs national
6.7%
Unemployment Rate
Housing in Galveston
The median home value in Galveston, TX is $294,300. Monthly rent for a typical unit averages $1,278, while total monthly housing costs (including utilities and insurance) average $1,287.
Rent-to-income ratio: 26.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Galveston, TX is $57,216. The unemployment rate stands at 6.7%, with a labor force of 26,465 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.