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Benjamin Independent

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

Median Home$62,400
Median Rent$542/month
Population249
Leading IndustriesAgriculture & Mining · Construction · Manufacturing20% agriculture & mining
Family-Friendly26% of residentsabove average nationally
Homeowners72% of occupied units
NotableAffordable Market$62k median home · lower cost than 100% of the country
Benjamin Independent
TX

Explore Benjamin Independent

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

Frequently Asked Questions

What are today's mortgage rates in Benjamin Independent?

As of today, the 30-year fixed mortgage rate for Benjamin Independent 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 Independent?

The median home value in Benjamin Independent 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 Independent?

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 Independent is $53k/year.

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What industries drive the economy in Benjamin Independent?

The largest employment sectors in Benjamin Independent 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.