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Erath County

Learn about the people, housing, costs and businesses in Erath County County

Median Home$272,192
Median Rent$1,230/month
Population43,794
Leading IndustriesManufacturing · Professional Services · Education3% manufacturing
Home Value Growth⬆⬆⬆+22.4% over 2 years
Young Adults38% of residentstop 3% nationally
Homeowners63% of occupied units
NotableHighly Educated20% bachelor's · 9% graduate · top 22% nationally
Erath County
TX

Frequently Asked Questions

What are today's mortgage rates in Erath County?

As of today, the 30-year fixed mortgage rate for Erath County is approximately 6.992% (7.018% 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 Erath County?

The median home value in Erath County is $272k. The median monthly rent is $1,230. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Erath County?

Home values in Erath County have increased 22.4% 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 Erath County?

Based on a typical all-in ownership cost of $1,130/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Erath County is $65k/year.

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What industries drive the economy in Erath County?

The largest employment sectors in Erath County are public administration (23%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas