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Evadale

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

Median Home$150,600
Median Rent$686/month
Population1,042
Leading IndustriesRetail · Public Administration20% retail
Home Value Growth-6.1% over 2 years
Retirees22% of residentsnear the national average
Homeowners89% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$151k median home · lower cost than 74% of the country
Evadale
TX

Frequently Asked Questions

What are today's mortgage rates in Evadale?

As of today, the 30-year fixed mortgage rate for Evadale is approximately 6.978% (7.017% 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 Evadale?

The median home value in Evadale is $151k. The median monthly rent is $686. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Evadale?

Home values in Evadale have decreased 6.1% over the past two years. Buyers may find more negotiating room in this market. 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 Evadale?

Based on a typical all-in ownership cost of $656/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Evadale is $69k/year.

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What industries drive the economy in Evadale?

The largest employment sectors in Evadale are public administration (27%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.