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Eastland Independent

Learn about the people, housing, costs and businesses in Eastland Independent, Texas

Median Home$155,605
Median Rent$867/month
Population6,177
Leading IndustriesWholesale Trade · Education · Manufacturing17% wholesale trade
Home Value Growth⬆⬆⬆+26.3% over 2 years
Family-Friendly27% of residentswell above average
Homeowners71% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableAffordable Market$156k median home · lower cost than 82% of the country
Eastland Independent
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Eastland Independent?

As of today, the 30-year fixed mortgage rate for Eastland Independent is approximately 7.029% (7.070% 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 Eastland Independent?

The median home value in Eastland Independent is $156k. The median monthly rent is $867. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eastland Independent?

Home values in Eastland Independent have increased 26.3% 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 Eastland Independent?

Based on a typical all-in ownership cost of $841/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Eastland Independent is $66k/year.

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What industries drive the economy in Eastland Independent?

The largest employment sectors in Eastland Independent are public administration (21%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.