Hempstead, Texas.
Typical home $285,682 (+0.8% in a year), asking rent $1,025 . Houston-The Woodlands-Sugar Land, TX metro.
to buy the typical home at today's mortgage rate — +$672 (+81%) since Jan 2020.
- 1 year
- Up $2,207 +1%
- $283,474$285,682 since Sep 2025
- 5 years
- Up $16,570 +6%
- $269,112$285,682 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Hempstead$1,499
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 58 years.
Typical home values in Hempstead, TX rose 0.8% over the past year — slower than the nation's +1.2%.
Living in Hempstead, Waller County, Texas
Hempstead is a city of 5,430 people in Waller County. Half its households earn more than $60,041 a year and half less, against $80,397 across Waller County; 23% of its people live below the poverty line. Unemployment in Waller County was 5.6% in August 2026, and the county had 4.7% more jobs in 2025 than the year before. The most residents work in shops, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Hempstead is a small city in Waller County, and its residents are young compared with most of the country. Incomes here run below the county's, and more people live below the poverty line than most would expect of a place this size. Few adults hold a four-year degree, and the typical drive to work is a long one. Winters are mild, with little or no snow, and summers are hot, with August the warmest month. Rain falls through the year.
Work. Residents work mostly in shops, in schools, hospitals and social care, in restaurants, hotels and entertainment, and in the building trades. Very few work from home. Across Waller County, some of the largest workplaces are Amazon, Prairie View A & M University and Waller ISD. Unemployment in the county is about where it was a year ago, and the county has gained jobs over the past year.
Things to do. The John Fairey Garden, a botanical garden, is a short drive away. For history and open space, Washington-on-the-Brazos is a protected area a longer drive away, and the Star of the Republic Museum is a museum a longer drive away. The Navasota River and Cypress Creek are also a longer drive away for time by the water.
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- 1,901households
- 7%of adults have a degree
- 23%below the poverty line
- 30 mintypical commute
- 1%work from home
What residents work in
Employed residents by industry, from the Census survey. Waller County had 27,947 jobs in 2025, 4.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 61° and lows near 41°; warmest in August, with highs near 95° and lows near 73°. About 44 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Bellville 6NNE weather station, 10 miles away (NOAA).
Largest workplaces in Waller County
- AmazonGeneral warehousing and storage1,416
- Prairie View A & M UniversityUniversity or college1,306
- Waller ISDSchool district1,261FTE
- Southern Glazers Wine and SpiritsWine and distilled alcoholic beverage merchant wholesalers.462
- RTG Furniture of Texas493110453
- Royal ISDSchool district391FTE
- Goya Foods of TexasGeneral-line groceries merchant wholesalers374
- Creekside NurseryNursery and garden centers without tree production335
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 67 workplaces with 20 or more staff, 8,809 people in all across the county; Hempstead has two of its own. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
- DroughtRelatively moderate
- HurricanesRelatively moderate
- Lightningrelatively high in parts of HempsteadRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Hempstead’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Waller County and the Houston-The Woodlands-Sugar Land, TX metro.
Hempstead home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Hempstead$285,682
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 5 Hempstead listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Hempstead20.67%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Hempstead95
New listings per month
Sellers arriving at the market.
- Hempstead17
Zip codes with a Hempstead address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hempstead — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.