Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Bloomburg

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

Median Home$168,300
Median Rent$588/month
Population352
Leading IndustriesTransportation · Manufacturing · Public Administration4% transportation
Home Value Growth+2.8% over 2 years
Retirees21% of residentsnear the national average
Homeowners81% of occupied units
NotableAffordable Market$168k median home · lower cost than 66% of the country
Bloomburg
TX

Frequently Asked Questions

What are today's mortgage rates in Bloomburg?

As of today, the 30-year fixed mortgage rate for Bloomburg is approximately 6.996% (7.036% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Bloomburg
What is the median home price in Bloomburg?

The median home value in Bloomburg is $168k. The median monthly rent is $588. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bloomburg?

Home values in Bloomburg have increased 2.8% over the past two years. The market has been relatively stable. 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 Bloomburg?

Based on a typical all-in ownership cost of $732/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 Bloomburg is $64k/year.

Calculate your buying power
What industries drive the economy in Bloomburg?

The largest employment sectors in Bloomburg are public administration (28%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.