Local
Learn about the people, housing, costs and businesses in Electra, Texas
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Electra.
True all-in cost — P&I, taxes, insurance & utilities for homes in Electra.
Find and compare lenders active near Electra.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Electra.
Seismic risk and earthquake insurance estimates for Electra.
Wildfire exposure and insurance estimates for Electra.
Cost of living, demographics, and community profile
As of today, the 30-year fixed mortgage rate for Electra is approximately 7.549% (7.608% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for ElectraThe median home value in Electra is $60k. The median monthly rent is $815. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Electra 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.
Based on a typical all-in ownership cost of $711/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Electra is $69k/year.
Calculate your buying powerThe largest employment sectors in Electra are public administration (24%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.