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Crandall

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

Median Home$320,771
Median Rent$2,040/month
Population4,982
Leading IndustriesWholesale Trade · Professional Services · Manufacturing17% wholesale trade
Home Value Growth⬆⬆+12.3% over 2 years
Family-Friendly28% of residentswell above average
Homeowners91% of occupied units
NotableHigh Incomes$104k/year · top 15% nationally
Crandall
TX

Frequently Asked Questions

What are today's mortgage rates in Crandall?

As of today, the 30-year fixed mortgage rate for Crandall is approximately 7.004% (7.044% 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 Crandall?

The median home value in Crandall is $321k. The median monthly rent is $2,040. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crandall?

Home values in Crandall have increased 12.3% 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 Crandall?

Based on a typical all-in ownership cost of $1,820/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crandall is $104k/year.

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What industries drive the economy in Crandall?

The largest employment sectors in Crandall are public administration (19%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.