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Cool

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

Median Home$428,237
Median Rent$1,504/month
Population262
Leading IndustriesProfessional Services · Education2% professional services
Home Value Growth+8.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners86% of occupied units
NotableHigh Incomes$110k/year · top 12% nationally
Cool
TX

Frequently Asked Questions

What are today's mortgage rates in Cool?

As of today, the 30-year fixed mortgage rate for Cool is approximately 6.897% (6.933% 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 Cool?

The median home value in Cool is $428k. The median monthly rent is $1,504. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cool?

Home values in Cool have increased 8.9% 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 Cool?

Based on a typical all-in ownership cost of $1,611/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 Cool is $110k/year.

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What industries drive the economy in Cool?

The largest employment sectors in Cool are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.