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Farmersville

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

Median Home$311,915
Median Rent$1,244/month
Population3,821
Leading IndustriesFinance & Insurance · Information & Media · Construction9% finance & insurance
Home Value Growth+8.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners79% of occupied units
NotableHigh Incomes$88k/year · top 27% nationally
Farmersville
TX

Frequently Asked Questions

What are today's mortgage rates in Farmersville?

As of today, the 30-year fixed mortgage rate for Farmersville is approximately 6.913% (6.950% 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 Farmersville?

The median home value in Farmersville is $312k. The median monthly rent is $1,244. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Farmersville?

Home values in Farmersville have increased 8.4% over the past two years. This represents moderate growth. 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 Farmersville?

Based on a typical all-in ownership cost of $1,433/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Farmersville is $88k/year.

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What industries drive the economy in Farmersville?

The largest employment sectors in Farmersville are public administration (23%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.