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Benjamin

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

Median Home$62,400
Median Rent$542/month
Population181
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing18% construction
Family-Friendly26% of residentsabove average nationally
Homeowners72% of occupied units
NotableAffordable Market$62k median home · lower cost than 99% of the country
Benjamin
TX

Frequently Asked Questions

What are today's mortgage rates in Benjamin?

As of today, the 30-year fixed mortgage rate for Benjamin is approximately 6.946% (6.984% 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 Benjamin?

The median home value in Benjamin is $62k. The median monthly rent is $542. Annual property taxes average $902. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $559/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Benjamin is $53k/year.

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What industries drive the economy in Benjamin?

The largest employment sectors in Benjamin are public administration (28%) and agriculture and mining (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.