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Caddo Mills

Learn about the people, housing, costs and businesses in Caddo Mills, Texas

Median Home$344,239
Median Rent$1,356/month
Population1,742
Leading IndustriesTransportation · Wholesale Trade · Healthcare5% transportation
Home Value Growth⬆⬆+17.1% over 2 years
Family-Friendly28% of residentswell above average
Homeowners84% of occupied units
NotableHigh Incomes$103k/year · top 15% nationally
NotableTransit79/100 · excellent transit access
Caddo Mills
TX

Frequently Asked Questions

What are today's mortgage rates in Caddo Mills?

As of today, the 30-year fixed mortgage rate for Caddo Mills is approximately 6.941% (6.979% 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 Caddo Mills?

The median home value in Caddo Mills is $344k. The median monthly rent is $1,356. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Caddo Mills?

Home values in Caddo Mills have increased 17.1% over the past two years. This indicates a strong appreciation trend. 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 Caddo Mills?

Based on a typical all-in ownership cost of $1,601/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Caddo Mills is $103k/year.

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What industries drive the economy in Caddo Mills?

The largest employment sectors in Caddo Mills are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.