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Big Lake

Learn about the people, housing, costs and businesses in Big Lake, Texas

Median Home$171,500
Median Rent$746/month
Population2,831
Leading IndustriesManufacturing · Agriculture & Mining · Transportation24% manufacturing
Family-Friendly34% of residentstop 1% nationally
Homeowners70% of occupied units
Big Lake
TX

Frequently Asked Questions

What are today's mortgage rates in Big Lake?

As of today, the 30-year fixed mortgage rate for Big Lake is approximately 6.956% (6.997% 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 Big Lake?

The median home value in Big Lake is $172k. The median monthly rent is $746. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $721/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Big Lake is $58k/year.

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What industries drive the economy in Big Lake?

The largest employment sectors in Big Lake are agriculture and mining (27%) and manufacturing (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.