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Chapeno

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

Median Rent$797/month
Population31
Leading IndustriesTransportation · Professional Services · Healthcare3% transportation
Home Value Growth+5.1% over 2 years
Retirees24% of residentsslightly above average
Homeowners75% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Chapeno
TX

Frequently Asked Questions

What are today's mortgage rates in Chapeno?

As of today, the 30-year fixed mortgage rate for Chapeno is approximately 6.895% (6.931% 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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Are home values rising in Chapeno?

Home values in Chapeno have increased 5.1% over the past two years. This represents moderate growth. 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 Chapeno?

Based on a typical all-in ownership cost of $462/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 Chapeno is $25k/year.

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What industries drive the economy in Chapeno?

The largest employment sectors in Chapeno are public administration (20%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.