This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Commerce page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 9,211, so Commerce should be compared with similar-size places before using broader Texas averages. Median household income is $43,051, so the best affordability read for Commerce is income versus housing, taxes, utilities, and insurance together.
Median home value is $124,800, so ownership costs in Commerce should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $902/mo, so renters can compare Commerce against ownership costs and nearby rental markets.
Housing and Income Context
For Commerce, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Commerce looks more favorable for renting, buying, or comparing with Wolfe City, TX.
Utility Cost Context
The residential electricity benchmark is $0.164/kWh, so Commerce households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Commerce is a Texas state-level EIA benchmark, so it should not be read as a local provider tariff.
For Commerce, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $2,323, so Commerce buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Commerce address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Commerce depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Commerce, especially when comparing with Wolfe City, TX.
Population and Demographics
Median age is 23.7, so Commerce may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 25.7%, so Commerce education context can be useful when reading labor-market and school sections.
Unemployment is 4.3%, so Commerce wage and job-market context should be compared with commute options and regional employment centers.
