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Farmers Branch

Learn about the people, housing, costs and businesses in Farmers Branch, Texas

Median Home$407,644
Median Rent$1,865/month
Population35,681
Leading IndustriesHealthcare · Arts, Food & Hospitality · Information & Media17% healthcare
Home Value Growth⬆⬆+11.7% over 2 years
Young Adults35% of residentswell above average
Renters56% of occupied units
NotableAmenity Score91/100 · highly walkable area
NotableHighly Educated30% bachelor's · 12% graduate · top 9% nationally
Farmers Branch
TX

Explore Farmers Branch

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

Frequently Asked Questions

What are today's mortgage rates in Farmers Branch?

As of today, the 30-year fixed mortgage rate for Farmers Branch is approximately 6.882% (6.918% 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 Farmers Branch?

The median home value in Farmers Branch is $408k. The median monthly rent is $1,865. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Farmers Branch?

Home values in Farmers Branch have increased 11.7% 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 Farmers Branch?

Based on a typical all-in ownership cost of $1,728/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Farmers Branch is $93k/year.

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What industries drive the economy in Farmers Branch?

The largest employment sectors in Farmers Branch are public administration (20%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.