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Andrews

Learn about the people, housing, costs and businesses in Andrews, Texas

Median Home$209,332
Median Rent$1,337/month
Population13,284
Leading IndustriesManufacturing · Agriculture & Mining · Finance & Insurance17% manufacturing
Home Value Growth+10.7% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners76% of occupied units
Andrews
TX

Frequently Asked Questions

What are today's mortgage rates in Andrews?

As of today, the 30-year fixed mortgage rate for Andrews is approximately 6.961% (6.999% 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 Andrews?

The median home value in Andrews is $209k. The median monthly rent is $1,337. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Andrews?

Home values in Andrews have increased 10.7% over the past two years. This indicates a strong appreciation trend. 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 Andrews?

Based on a typical all-in ownership cost of $1,088/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Andrews is $76k/year.

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What industries drive the economy in Andrews?

The largest employment sectors in Andrews are agriculture and mining (17%) and manufacturing (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.