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Barrera

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

Median Home$123,700
Median Rent$717/month
Population126
Leading IndustriesTransportation · Healthcare · Arts, Food & Hospitality4% transportation
Home Value Growth⬆⬆+13.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners75% of occupied units
NotableAffordable Market$124k median home · lower cost than 83% of the country
NotableHighly Educated23% bachelor's · 12% graduate · top 23% nationally
Barrera
TX

Frequently Asked Questions

What are today's mortgage rates in Barrera?

As of today, the 30-year fixed mortgage rate for Barrera is approximately 6.957% (6.995% 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 Barrera?

The median home value in Barrera is $124k. The median monthly rent is $717. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Barrera?

Home values in Barrera have increased 13.7% 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 Barrera?

Based on a typical all-in ownership cost of $790/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Barrera is $39k/year.

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What industries drive the economy in Barrera?

The largest employment sectors in Barrera are public administration (25%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.