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Aledo Independent

Learn about the people, housing, costs and businesses in Aledo Independent, Texas

Median Home$498,817
Median Rent$2,397/month
Population36,273
Leading IndustriesManufacturing · Arts, Food & Hospitality · Transportation2% manufacturing
Home Value Growth+8.5% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners91% of occupied units
NotableHigh Incomes$155k/year · top 1% nationally
NotableHighly Educated31% bachelor's · 17% graduate · top 4% nationally
Aledo Independent
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Aledo Independent?

As of today, the 30-year fixed mortgage rate for Aledo Independent is approximately 6.834% (6.868% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Aledo Independent?

The median home value in Aledo Independent is $499k. The median monthly rent is $2,397. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Aledo Independent?

Home values in Aledo Independent have increased 8.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Aledo Independent?

Based on a typical all-in ownership cost of $2,514/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $108k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Aledo Independent is $155k/year.

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What industries drive the economy in Aledo Independent?

The largest employment sectors in Aledo Independent are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.