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Big Wells

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

Median Home$82,500
Median Rent$485/month
Population449
Leading IndustriesManufacturing · Arts, Food & Hospitality · Healthcare3% manufacturing
Young Adults27% of residentsnear the national average
Homeowners64% of occupied units
NotableAffordable Market$83k median home · lower cost than 97% of the country
Big Wells
TX

Frequently Asked Questions

What are today's mortgage rates in Big Wells?

As of today, the 30-year fixed mortgage rate for Big Wells is approximately 6.801% (6.834% 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 Wells?

The median home value in Big Wells is $83k. The median monthly rent is $485. Annual property taxes average $881. 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 Wells?

Based on a typical all-in ownership cost of $465/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Big Wells is $32k/year.

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What industries drive the economy in Big Wells?

The largest employment sectors in Big Wells are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.