In Town of Pecos, a typical home is worth $117,300 and typical rent is $988 a month. Compared with all of Reeves County, typical household income is 5% lower.
Town of Pecos is in Reeves County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Reeves County. See the county
What this place has that others do not, from public data, most unusual first.
1
Town of Pecos has the 42nd lowest typical home value of the 422 cities in Texas with more than 5,000 people ($117,300).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Town of Pecos
What homes there are in Town of Pecos, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Town of Pecos
Reeves County
Texas
United States
Kind of home: Town of Pecos and its comparisons
Measure
Town of Pecos
Reeves County
Texas
United States
Detached house
71%
71%
64%
61%
Attached house
Unreliable estimate
Unreliable estimate
3%
6%
Building of 2 to 4
Unreliable estimate
Unreliable estimate
5%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
21%
19%
Mobile home
9%
12%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
As in Reeves County, most homes in Town of Pecos are detached houses (71%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Town of Pecos
Reeves County
Texas
United States
Year built: Town of Pecos and its comparisons
Measure
Town of Pecos
Reeves County
Texas
United States
Before 1960
26%
27%
12%
26%
1960–1979
30%
29%
21%
24%
1980–1999
20%
20%
28%
25%
2000–2009
Unreliable estimate
6%
18%
14%
2010 or later
20%
18%
21%
11%
In Town of Pecos, half of the homes were built before 1976; in Reeves County, before 1975.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K33%
$100K–$200K43%
$200K–$300K17%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Town of Pecos and its comparisons
Measure
Town of Pecos
Under $100K
33%
$100K–$200K
43%
$200K–$300K
17%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99948%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Town of Pecos and its comparisons
Measure
Town of Pecos
Under $500
Unreliable estimate
$500–$999
48%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,679 a month
Reeves County: $1,669 a month
Without a mortgage
$504 a month
Reeves County: $534 a month
Owners with a mortgage
24%
Reeves County: 20%
Owning costs about the same in Town of Pecos as in Reeves County: with a mortgage, $1,679 a month; without one, $504.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Town of PecosBoundaries changed
Reeves County+82%
Texas+65%
United States+53%
Typical rent
Town of PecosBoundaries changed
Reeves County+13%
Texas+34%
United States+33%
Typical household income
Town of PecosBoundaries changed
Reeves CountyNo clear change
Texas+27%
United States+29%
Change since 2015–2019: Town of Pecos and its comparisons
Measure
Town of Pecos
Reeves County
Texas
United States
Typical home value
Boundaries changed
+82%
+65%
+53%
Typical rent
Boundaries changed
+13%
+34%
+33%
Typical household income
Boundaries changed
No clear change
+27%
+29%
The Census does not compare Town of Pecos with 2015–2019 because its boundaries changed. In Reeves County, over that time, the typical home value rose 82%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Town of Pecos and its comparisons
Measure
Town of Pecos
Reeves County
Texas
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
4.8%
3.4%
People per household
2.82
2.75
2.69
2.53
Drive alone
82%
80%
71%
69%
Carpool
11%
13%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
Unreliable estimate
Unreliable estimate
14%
15%
Other means
Unreliable estimate
Unreliable estimate
2%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Reeves County, a household in Town of Pecos has 2.82 people on average.
To get to work, 82% of workers in Town of Pecos drive alone; in Reeves County, 80%.
Do the math
What would you pay each month for a home in Town of Pecos?
A typical home is within reach of the typical income
We start with a typical home in Town of Pecos, worth $117,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 20% of the typical household income in Town of Pecos, which is $60,943 a year.
The calculator's FHA and conventional loan limits are those of all of Reeves County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Town of Pecos. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,106 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$996
at 7.18% · 30 years
Loan amount
$115,175
Total interest
$165,710
Paid off in
November 2056
Includes $1,981 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,422 a month
Your payment · 20%
Tight
$1,422 to $1,828 a month
Hard
more than $1,828 a month
Compared with the typical household income in Town of Pecos ($60,943 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$780
Property tax
$115
Home insurance
$49
FHA mortgage insurance (MIP)
$52
You need at least $4,106 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $996; principal and interest $780.
The city and its county
Town of Pecos and Reeves County
Town of Pecos is in Reeves County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Town of Pecos
Map of Reeves County, Texas, with Town of Pecos marked. Around it, the neighboring counties.
Town of Pecos
Reeves County
Other cities with a page
Town of Pecos's own numbers
Typical home value
$117,300
Typical monthly rent
$988
Typical yearly household income
$60,943
Households that own their home
71%
Effective property tax rate
1.18%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Reeves County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,165
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Reeves County.
A typical home in Town of Pecos is worth $117,300: about the same as the county and 59% below Texas. With the typical household income in Town of Pecos ($60,943 a year), a typical home costs 1.9 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Town of Pecos1.9 years
Reeves1.8 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Texas
According to FHFA’s house price index, home prices in Texas rose 88% in the 10 years through 2025.
Yearly change in FHFA’s price index in Texas, 2016 to 2025
2016: +7.0% +7.0% 2016
2017: +7.0% +7.0% 2017
2018: +6.1% +6.1% 2018
2019: +4.6% +4.6% 2019
2020: +3.3% +3.3% 2020
2021: +12.6% +12.6% 2021
2022: +18.4% +18.4% 2022
2023: +4.4% +4.4% 2023
2024: +2.3% +2.3% 2024
2025: +0.8% +0.8% 2025
Change in FHFA’s price index in Texas, Texas and the United States
Period
Texas
U.S.
Last year (2025)
+0.8%
+2.9%
5 years (2020–2025)
+44%
+47%
10 years (2015–2025)
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Town of Pecos next to Reeves County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Town of Pecos$117,300
Reeves$118,000
Texas$283,800
United States$332,700
Typical monthly rent
Town of Pecos$988
Reeves$981
Texas$1,403
United States$1,413
Typical yearly household income
Town of Pecos$60,943
Reeves$64,297
Texas$78,476
United States$80,734
See the full table
Town of Pecos next to Reeves County and Texas
Measure
Town of Pecos
Reeves County
Texas
U.S.
Typical home value
$117,300
$118,000
$283,800
$332,700
Typical monthly rent
$988
$981
$1,403
$1,413
Typical yearly household income
$60,943 ▼5% below the county
$64,297
$78,476
$80,734
Households that own their home
71% ▼3 points below the county
74%
63%
65%
Typical yearly property tax
$1,379 ▲8% above the county
$1,271
$4,232
$3,119
Effective property tax rate
1.18% ▲0.1 points above the county
1.08%
1.49%
0.94%
Renters with high rent for their income
55% ▼1 points below the county
56%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Reeves County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Town of Pecos
For a typical $117,300 home in Town of Pecos, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Town of Pecos's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$996a month
Least cash to close
Down payment
$4,106
Cash to close
$7,625
Rate
7.18%
Mortgage insurance
FHA MIP · $52
Conventional, 5% down$975a month
Down payment
$5,865
Cash to close
$9,384
Rate
7.18%
Mortgage insurance
PMI · $56
Conventional, 20% down, no PMI$800a month
Down payment
$23,460
Cash to close
$26,979
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$908a month
Down payment
$17,595
Cash to close
$21,114
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Town of Pecos
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$996
$4,106
$115,175
7.18%
FHA MIP · $52
$7,625
580
Conventional, 5% down
$975
$5,865
$111,435
7.18%
PMI · $56
$9,384
620*
Conventional, 20% down, no PMI
$800
$23,460
$93,840
7.18%
None
$26,979
620*
ITIN, 15% down (example)
$908
$17,595
$99,705
8.18%
None
$21,114
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Town of Pecos is $988 a month: about the same as the county. In Town of Pecos, 55% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Reeves County, by unit size. To pay the 2-bedroom one ($1,165 a month) without spending more than 30% of your income, you would need to earn $22.40 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Reeves County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$886
$17.04
$35,440
1 bedroom
$1,070
$20.58
$42,800
2 bedrooms
$1,165
$22.40
$46,600
3 bedrooms
$1,388
$26.69
$55,520
4 bedrooms
$1,559
$29.98
$62,360
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
Free help
Help to buy or rent in Town of Pecos
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Reeves County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Town of Pecos or Reeves County. The ones below are statewide in Texas: they work in Town of Pecos the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
The HUD-approved agencies closest to the center of Town of Pecos, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Town of Pecos or Reeves County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Town of Pecos and all of Reeves County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Town of Pecos?
The typical home value in Town of Pecos is $117,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Reeves County it is $118,000.
How much does it cost to rent in Town of Pecos?
Typical rent in Town of Pecos is $988 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Reeves County is $1,165.
What is the FHA loan limit in Town of Pecos?
Town of Pecos uses the FHA limit for all of Reeves County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Town of Pecos?
The typical homeowner in Town of Pecos pays $1,379 a year, according to the U.S. Census Bureau. That is 1.18% of the home’s value; in Reeves County, the rate is 1.08%.
Where can I find free help to buy or rent in Town of Pecos?
We found no HUD-approved counseling agencies with an office in Reeves County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
