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Cienegas Terrace

Learn about the people, housing, costs and businesses in Cienegas Terrace, Texas

Median Home$274,864
Median Rent$911/month
Population2,576
Leading IndustriesManufacturing · Agriculture & Mining · Public Administration8% manufacturing
Home Value Growth+8.5% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners81% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Cienegas Terrace
TX

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Frequently Asked Questions

What are today's mortgage rates in Cienegas Terrace?

As of today, the 30-year fixed mortgage rate for Cienegas Terrace is approximately 6.945% (6.983% 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 Cienegas Terrace?

The median home value in Cienegas Terrace is $275k. The median monthly rent is $911. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cienegas Terrace?

Home values in Cienegas Terrace have increased 8.5% 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 Cienegas Terrace?

Based on a typical all-in ownership cost of $1,096/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cienegas Terrace is $80k/year.

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What industries drive the economy in Cienegas Terrace?

The largest employment sectors in Cienegas Terrace are public administration (26%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.