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Caney

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

Median Home$254,626
Median Rent$1,317/month
Population176
Leading IndustriesTransportation · Healthcare7% transportation
Home Value Growth⬆⬆+17.1% over 2 years
Young Adults89% of residentstop 1% nationally
Homeowners88% of occupied units
NotableVeteran Community22% of residents · top 1% nationally
NotableHighly Educated40% hold a bachelor's degree · top 1% nationally
Caney City
TX

Frequently Asked Questions

What are today's mortgage rates in Caney?

As of today, the 30-year fixed mortgage rate for Caney is approximately 6.850% (6.885% 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 Caney?

The median home value in Caney is $255k. The median monthly rent is $1,317. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Caney?

Home values in Caney 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 Caney?

Based on a typical all-in ownership cost of $1,167/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Caney is $83k/year.

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What industries drive the economy in Caney?

The largest employment sectors in Caney are public administration (17%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.